12080 Ventura PlLos Angeles, CA 91604

Property Details for 12080 Ventura Pl

Year built

1986

Construction

WOOD

Lot size

0.20 AC

Property size (Sq ft)

13,121 SF

Zone code

LAC2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

2368-002-041

APU

2368002041

Description

This exceptional 822-square-foot retail space, located at 12080 Ventura Place in Los Angeles, California, presents a fantastic opportunity for a single-tenant business. Situated in Los Angeles County, zip code 91604, this property boasts a convenient location with high visibility. The entire space is currently vacant, offering immediate occupancy for a prospective tenant. The property is classified as both retail and restaurant space, making it suitable for a diverse range of businesses. Its single-tenant occupancy ensures exclusive use of the premises, providing a unique opportunity for a business seeking a dedicated and independent location. The building's total square footage is 822 square feet, offering ample space for a variety of retail or restaurant concepts. The property's address is 12080 Ventura Pl, Los Angeles, CA 91604, and its geographical coordinates are 34.1446958 latitude and -118.3954403 longitude. This location offers excellent potential for attracting customers and establishing a thriving business. The property is available for lease and represents a compelling investment opportunity in a dynamic Los Angeles market. Interested parties are encouraged to inquire further to explore the possibilities of this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $4,709,818

  6.5%

  $4,347,525

  7%

  $4,036,988

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,867,388

  Geo Method

  $3,867,388

• Alternative Use

  Use

  Valuation

  Residential

  $4,347,525

  Hospitality

  $3,982,310

  Educational

  $3,313,235

  Medical

  $3,427,182

  Retail

  $5,153,920

Location Insight

City

Studio City

County

Los Angeles

State

California

Latitude

34.1446

Longitude

-118.395

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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