OFFICE BUILDING FOR SALE 12411 Ventura Court Studio City, CA 91604
CONTACT: STACY VIERHEILIG-FRASER Senior Managing Director BRE #00986794 Direct | 818.455.8201 [email protected] CHARLES DUNN COMPANY, INC. 12925 Riverside Drive, Suite 201 | Sherman Oaks, CA 91423 | Lic. #01201641 | charlesdunn.com PROPERTY DETAILS
12411 Ventura Court (aka 12409 Ventura Court) is an office building for sale in Studio City. The property is ideal for an Owner/User or Investment.
PROPERTY FACTS
Sale Price: $1,125,000 Parking: ± 3 parking spaces APN: 2367-018-045 Building Size: ± 1,528 SF Lot Size: ± 3,518 SF Year Built: 1946 Zoning: LAC2 Current Monthly Income: $2,264.16
PROPERTY HIGHLIGHTS
Excellent location Currently 4 units 1 unit available for Owner/User Property can be sold with 4019 Rhodes Avenue (aka 12403 Ventura Court); Sale Price: $2,100,000
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www.charlesdunn.com 12411 Ventura Ventura Court, Court, Studio Studio City, CACity, 91604 CA 91604 55 SOLD COMPARABLES
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MARKET OVERVIEW
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TRANSPORTATION Universal City station lies within the Los Angeles neighborhood of Studio City, specifically at the intersection of Lankershim Boulevard, Campo de Cahuenga and Universal Terrace Parkway. Just southeast of the station, across the Ventura Freeway (U.S. Route 101) is the Cahuenga Pass, which is arguably a neighborhood as well, consisting of a strip of shops, restaurants and offices that follow US 101, but along Cahuenga Boulevard which parallels the freeway through the pass. Universal City station serves the nearby Universal Studios theme park, as well as the NBC Universal studio complex. Riders can cross the street and board the tram to go to City Walk and the theme park, as well as the Studio itself. A pedestrian tunnel was originally proposed by Metro but was ultimately scrapped because of Universal's reluctance to pay the growing costs of the project.
CBS Studio Center is a television and film studio located in the Studio City district of Los Angeles, California. It is located at 4024 Radford Avenue and takes up a triangular piece of land, with the Los Angeles River bisecting the site. Today, the studio is one of the most active in the city for filming sitcoms. Since 2007, The Studio Center serves as home to CBS’s Los Angeles flagship TV station, KCBS-TC, as they vacated Columbia Square to move into a newly-built digitally enhanced office and studio facility located where the house for the hit CBS reality series, Big Brother, once stood.
Fryman Canyon Park is located in the eastern Santa Monica Mountains on the north side of Mulholland Drive. The 122-acre Fryman Canyon Park offers spectacular views, a fitness course, and access to the Betty B. Dearing Cross Mountain Trail. The park is abundant with native chaparral, year round springs, and deeply wooded canyons. The park is located at 8401 Mulholland Drive.
Universal Studios Hollywood is located on the border between Hollywood and North Hollywood. It is one of the oldest American studios still in continuous production. Universal Studios was founded by Carl Laemmle on June 8, 1912. The production studios are located at 100 Universal City Plaza Drive. Outside the theme park, Universal City includes hotels Universal Hilton & Tower, the Sheraton Hotels and Resorts, a multi-screen theater and Universal CityWalk, which offers a collection of shops and restaurants, as well as the Gibson Amphitheatre, a concert venue.
www.charlesdunn.com 12411 Ventura Court, Studio City, CA 91604 10 12411 Ventura Court Studio City, CA 91604
STACY VIERHEILIG-FRASER Senior Managing Director BRE #00986794 Direct | 818.455.8201 [email protected]
Charles Dunn Company, Inc. | 12925 Riverside Drive, Suite 201 | Sherman Oaks, CA 91423 | Lic. #01201641 | charlesdunn.com
© Charles Dunn Company, Inc. These materials are based on information and content provided by others which we believe are accurate. No guarantee, warranty or representation is made by the Charles Dunn Company or its personnel, and all interested parties must independently verify its accuracy and completeness. As well, any projections, assumptions, opinion, or estimates are used for example only and do not represent the current or future performance of the identified property. Your tax, financial, legal and toxic substance advisors should conduct a careful investigation of the property and its suitability for your needs, including land use limitations.