Creative Workspace
10960 Ventura Boulevard, Studio City, CA 91604
For Sale
Contact for pricing
Gated parking is available in an adjacent lot and a separate off-site lot.
Property Size12,400 SF
Price / SF$596.37
Days on Market34
Property Features for 10960 Ventura Boulevard
General Information
Standard status
Size
Property subtype
Additional Details
Asking Price
Property Use
Building Details
Building Size
Parking Ratio
Listing Agency:
Lee & Associates - LA North - Sherman Oaks
Listed By:
Stacy Vierheilig-Fraser · License #CA 00986794
(818) 986-9800
Source:
Crexi
Added: Oct 7
Changed: Nov 8
Last Checked: Nov 8 at 4:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - LA North - Sherman Oaks
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The creative workspace at 10960 Ventura Boulevard in Studio City is offered for sale or lease. Lease terms range from 2 to 5 years, with availability beginning February 1, 2027.
Parking is provided in gated lots, including one adjacent to the property and another off-site. The parking ratio is 2 spaces per 1,000 square feet.
Parking is provided in gated lots, including one adjacent to the property and another off-site. The parking ratio is 2 spaces per 1,000 square feet.
Key Highlights
- Offered for sale or lease
- Lease terms range from 2 to 5 years
- Available February 1, 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$271,054
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,421,080
$5.4M
Cap Rate 7%
$3,872,200
$3.9M
Cap Rate 9%
$3,011,711
$3.0M
Market Conditions
NOI Build-Up for 12,400 SF
Gross rent
$476.2K $38.40/SF
− Vacancy
−$114.8K −$9.25/SF
EGI
$361.4K $29.15/SF
− OpEx
−$90.4K −$7.29/SF
NOI
$271.1K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,421,080
Cap Rate 7%
$3,872,200
Cap Rate 9%
$3,011,711
Alternative Uses
Best Use
Office B
$3.87M
$3.39M – $4.52M
NOI $271,054 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.64M
$5.81M – $7.75M
NOI $464,724 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,770
Businesses Nearby
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Business Placement
Demographics for 91604, CA
30,947
Population
15,900
Households
1.9
Avg Household Size
40
Median Age
65%
College-Educated
98%
High-School Grad
4.7 sq mi
ZIP Area
6,584
Density / Sq Mi
$141,317
Median Household Income
$72,208
Median Earnings
$2,471
Median Rent
$1,698,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Creative space in Los Angeles County, CA
Properties on Market for Creative space in Los Angeles County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Creative space - Gated parking is available in an adjacent lot and a separate off-site lot.
Where is this creative space located?
The property is located at 10960 Ventura Boulevard Studio City, CA.
What is the asking price?
The asking price for this property is $7,395,000.
What are key features of this property?
This property features: Offered for sale or lease; Lease terms range from 2 to 5 years; Available February 1, 2027
