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    Property profile & analytics

    12109 Ventura Pl Los Angeles, CA 91604

    • Retail space
    • 4,122 SF
    • 0.11 lot acres
    For Lease
    View listing
    Value Estimation
    $430,000
    Last Sale
    Nov 29, 2022
    $450,004
    Location Intelligence
    Property ID
    US09-7934206
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 12109 Ventura Pl

    Year built
    1937
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    4,122 SF
    Zone code
    LAC2
    Property type
    Retail space
    APN
    2368-002-015
    APU
    2368002015

    Description

    This exceptional Los Angeles County retail property, located at 12109 Ventura Place, 91604, offers 5,348 square feet of vacant space in a highly desirable location. The building, constructed in 1937, features two suites, with a minimum divisible space of 1,221 square feet and a maximum contiguous space of 4,127 square feet. Ideal for multiple tenants or a single large occupant, this property boasts high ceilings (20' clearance height, 18' drop ceiling with potential for 28' exposed bow trusses). The property benefits from significant pedestrian traffic seven days a week, due to its proximity to a weekly farmers market and the CBS Studios headquarters. Its prime location on Ventura Place places it alongside established businesses such as Alfred Coffee, SoulCycle, and Joan's on Third. Limited parking is available, with a ratio of 0.56 spaces per 1,000 square feet. This is a rare opportunity to secure a flagship location in a thriving Studio City neighborhood. The property is zoned for retail and restaurant uses.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $505,000
      7%
      $460,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $500,000
      Geo Method
      $495,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $465,000
      Retail
      $400,000
      Mixed-Use
      $490,000
      Hospitality
      $395,000
      Educational
      $540,000
      Residential Income
      $395,000
      Energy
      $495,000
      Income-Based Land
      $545,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Studio City
    County
    Los Angeles
    State
    California
    Longitude
    -118.395
    Latitude
    34.1451
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $75,348
    $4,528,800
    $1,591,200
    $6,120,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      50,833 SF

      12914 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES) • 50,833 SF
      12914 Ventura Blvd, Studio City, CA 91604
      View Details
    • Value Estimation by Request
      1,084 SF

      11656 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,084 SF
      11656 Ventura Blvd, Studio City, CA 91604-2613
      View Details
    • Value Estimation by Request
      8,937 SF

      11672 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES) • 8,937 SF
      11672 Ventura Blvd, Studio City, CA 91604-2613
      View Details
    • Value Estimation by Request
      37,760 SF

      12555 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES) • 37,760 SF
      12555 Ventura Blvd, Studio City, CA 91604-2413
      View Details
    • Value Estimation by Request
      1,410 SF

      13259 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,410 SF
      13259 Ventura Blvd, Studio City, CA 91604-1836
      View Details
    • Value Estimation by Request
      2,796 SF

      12338 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,796 SF
      12338 Ventura Blvd, Studio City, CA 91604-2508
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $54 SF/Yr
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      Ventura Blvd Retail Spaces Available

      Prime Los Angeles retail space, multiple units.
      12103 Ventura Blvd, Los Angeles, CA 91604
      View Details
    • $39 SF/Yr
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      Prime Studio City storefront, 900-980 sqft.
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      View Details
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      Prime location, multiple units available.
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    • Contact for pricing
      1,230 SF

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      Second floor retail space available in Studio City, California.
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    • $2 SF/Yr
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      Ventura Blvd Retail Space For Lease

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    • $4 SF/Yr
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      Retail and Office Building

      Mixed-use building near Universal Studios with high visibility.
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      View Details
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    12109 Ventura Pl
    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
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