Freestanding Storefront
For Sale
$2,188,940
12415 Ventura Boulevard, Los Angeles, CA 91604
Standalone retail property positioned along Ventura Boulevard in Studio City.
Property Size3,260 SF
Price / SF$671.45
Days on Market135
Property Features for 12415 Ventura Boulevard
General Information
Standard status
Active
Size
3,260 SF
Property subtype
Retail
Building Details
Buildings
1
Listing Agency:
CBRE - Downtown Los Angeles
Listed By:
Cody Chiarella · License #1754878
(818) 502-6730
Source:
Cbre
Added: Jun 2
Changed: Oct 13
Last Checked: Oct 12 at 6:07PM
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 CBRE - Downtown Los Angeles
Investment Insights
Based on property information with market context.
This freestanding storefront property contains 3,260 square feet and is located at 12415 Ventura Boulevard in Los Angeles. The building fronts Ventura Boulevard within the Studio City area, providing a standalone retail format for commercial use.
Key Highlights
- Freestanding retail building
- 3,260 SF of property area
- Located at 12415 Ventura Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,655
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,513,100
$1.5M
Cap Rate 7%
$1,080,786
$1.1M
Cap Rate 9%
$840,611
$840.6K
Market Conditions
NOI Build-Up for 3,260 SF
Gross rent
$120.5K $36.96/SF
− Vacancy
−$12.4K −$3.81/SF
EGI
$108.1K $33.15/SF
− OpEx
−$32.4K −$9.95/SF
NOI
$75.7K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,513,100
Cap Rate 7%
$1,080,786
Cap Rate 9%
$840,611
Alternative Uses
Best Use
Retail
$1.08M
$945.7K – $1.26M
NOI $75,655 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$66.05M
$57.79M – $77.05M
NOI $4,623,195 @ 7.0% cap · market cap 211.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,391
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Similar Off Market Nearby
- Tihana's Flowers — 12420 Ventura Blvd, Studio City, CA 91604
- Harbor Flower — 12198 Ventura Blvd, Studio City, CA 91604
- Flower Delivery Studio City — 3961 laurel canyon blvd, studio city, ca 91604
- Barefoot Plants — 4053 laurelgrove ave, studio city, ca 91604
- Vons Floral — 4033 Laurel Canyon Blvd, Studio City, CA 91604
Frequently Asked Questions
What type of property is this?
Storefront property - Standalone retail property positioned along Ventura Boulevard in Studio City.
Where is this storefront property located?
The property is located at 12415 Ventura Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,188,940.
What are key features of this property?
This property features: Freestanding retail building; 3,260 SF of property area; Located at 12415 Ventura Boulevard
