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    11222 Ventura Blvd Los Angeles, CA 91604

    Sponsored
    For Sale
    $1,700,000

    Prime Studio City location, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 11222 Ventura Boulevard in Los Angeles, California, presents a unique investment opportunity. The 9,370 square foot (.22 acre) lot boasts an enviable position on a signalized corner, offering excellent visibility and frontage along Ventura Boulevard. The property's C2-1VL-RIO zoning allows for a variety of commercial uses, making it ideal for developers or investors seeking a high-traffic location. Situated in the vibrant Studio City neighborhood, this land parcel benefits from daily traffic counts exceeding 45,000 vehicles along Ventura Boulevard, ensuring significant exposure for any future development. The property's address is 11222 Ventura Blvd, Los Angeles, CA 91604, and its Assessor's Parcel Numbers (APN) are 2378-010-012 and 2378-010-013. This prime location, combined with the substantial lot size and favorable zoning, makes this an exceptional opportunity to capitalize on the thriving commercial landscape of Studio City. The asking price for this remarkable property is $1,700,000.

    Property Features for 11222 Ventura Blvd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3750623
    Latitude
    34.1413413

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    FAQs

    What type of property is this?
    Land - Prime Studio City location, high traffic.
    Where is this land located?
    The property is located at 11222 Ventura Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    Request Owner's contact information
    11222 Ventura Blvd Los Angeles, CA 91604
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    Los Angeles, CA 91604
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    Realmo Value Estimation

    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.

    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.

    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
    11222 Ventura Blvd Los Angeles, CA 91604
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