For Sale - Studio City Retail Investment With Part Owner-user Opportunity

$5,595,000

12616 Ventura Boulevard, Los Angeles, CA 91604

For Sale

Retail Retail Pad

Active

Last Updated: 09/25/2026

Details:

Cap Rate: 4.29%

NOI: $240,025.50

Building Size: 5,240 sqft

Lot Area: 0.35 sqft

Occupancy: 47%

Year Built: 1948

Price Per Sqft: $1,067.75

Zoning: LAC1.5 - Neighborhood Commercial

Opportunity Zone: Yes

Parking Ratio: 152.861

Offered by

Dean Cutler

Executive Vice President

illi Commercial Real Estate

#DRE #00907933

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Highlights:

Exclusive parking
Irreplaceable pole signage
Studio City location
Owner-user opportunity
Recently remodeled

Description:

illi Commercial Real Estate is pleased to offer for sale 12616 Ventura Blvd., a multi-tenant retail/office investment on the infamous Ventura Boulevard, located within Studio City.

Existing restaurants and offices currently make up the approximately 5,776-squarefoot property. With reliable tenants on the heavily trafficked Ventura Boulevard, the asset offers an investor an excellent opportunity to purchase a long-term stable investment with room for an owner-user.

The asset is located near national retailers, such as Staples, Bed Bath & Beyond, Ralphs, Equinox, and many more. Some key property features include exclusive parking, irreplaceable pole signage, 15 parking spaces, a new roof, and a recent 2021 remodel of the asset.