Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12417 Ventura Ct North Hollywood, CA 91604

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,100,000

    Retail property for sale; buyer to verify square footage.

    Lot size:
    0.08 Acres

    Property Features for 12417 Ventura Ct

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1947

    We can help!

    Listing Contact
    Roger D Phillips
    Source: Elliman

    Listing Agency: Pasadena Market Center, Inc. Listing Agent: Roger D Phillips

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Property in Los Angeles

    This retail property is available for purchase. The buyer is responsible for verifying the square footage. Public records indicate a size of 2,064 square feet. Please do not disturb the current tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Capture Studios Hotel & Motel Pure Studios (Bike/Boat/Book/etc) Store Ventura Court Theatre Theater & Performing Art Venue

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Vons Floral, Tihana's Flowers, Harbor Flower, Flower Delivery Studio City, Barefoot Plants

    Location Insight

    • Map
    • Local Demand
    City
    North Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.403524
    Latitude
    34.143399

    Nearby Similar for Sale

    • $815,000
      1,181 SF

      Retail Building Near Burbank

      Commercial/retail building near Burbank, perfect for owner/user or investor.
      10548 Victory Blvd, North Hollywood, CA 91606
      View Details
    • New
      $200,000

      Established Pizza Shop in North Hollywood

      Successful pizza shop for sale in high-traffic North Hollywood location.
      12061 Strathern St, North Hollywood, CA 91605
      View Details
    • $55,000
      1,200 SF

      Established Mechanic Shop in Valley Village

      Turn-key mechanic shop with equipment, inventory, and licenses included.
      12113 Burbank Blvd, Valley Village, CA 91607
      View Details
    • $395,000

      Established Auto Body Shop

      Auto body shop for sale in North Hollywood.
      5635 Tujunga Ave, North Hollywood, CA 91601
      View Details
    • $1,849,000
      2,700 SF

      Valley Village Medical Office Building

      Medical office building for sale in Valley Village, California.
      12849 Magnolia Blvd, Valley Village, CA 91607
      View Details
    • $1,799,000
      2,290 SF

      Remodeled North Hollywood 4-Plex

      Reimagined 4-plex with income potential in North Hollywood.
      6763 Case Ave, North Hollywood, CA 91606
      View Details
    • New
      $875,000
      2,720 SF

      North Hollywood Triplex on Corner Lot

      Triplex in North Hollywood with strong rental demand and accessibility.
      11667 Burbank Blvd, North Hollywood, CA 91601
      View Details
    • New
      $1,115,000
      2,971 SF

      Spanish-Style Triplex in North Hollywood

      Charming triplex with flexible living in a desirable North Hollywood neighborhood.
      6130 Whitsett Ave, North Hollywood, CA 91606
      View Details
    • $1,895,000
      4,671 SF

      West Toluca Lake Apartment Building

      Seven-unit apartment building in a desirable Toluca Lake location.
      11001 Hortense St, West Toluca Lake, CA 91602
      View Details
    • $1,150,000
      1,325 SF

      Remodeled Duplex in Valley Village

      Newly remodeled duplex in Valley Village, move-in ready or for lease.
      11710 Hartsook St, Valley Village, CA 91607
      View Details
    • $795,000

      North Hollywood Restaurant/Bar Opportunity

      Turnkey restaurant/bar in high-traffic North Hollywood location for sale.
      11671 Victory Blvd, North Hollywood, CA 91606
      View Details
    • $1,450,000
      4,328 SF

      Valley Glen Multifamily Investment

      Well-maintained apartment building in high-demand rental market.
      6308 Coldwater Canyon Ave, North Hollywood, CA 91606
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail property for sale; buyer to verify square footage.
    Where is this storefront property located?
    The property is located at 12417 Ventura Ct North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Buyer to verify square footage.; - Public record states 2,064 S.F.; - Year Built: 1947
    (310) 721-2896
    Request Owner's contact information
    12417 Ventura Ct North Hollywood, CA 91604
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12417 Ventura Ct
    North Hollywood, CA 91604
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12417 Ventura Ct North Hollywood, CA 91604
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Roger D Phillips
    Real Estate License ID: 01057506
    (310) 721-2896 (602) 750-8099 (626) 204-3398
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!