$1,575,000
SOLD JUN 20, 2025

11420 Ventura Blvd Los Angeles, CA 91604

4 Beds
3 Baths
2,117 Sq Ft
6,184 Sq Ft Lot

Recently Sold

$744 Per Sq Ft

1% Below List Price

57 Days on Market

Highlights

  • Gated Parking
  • Central Air
  • Gated Home
  • North Hollywood Senior High School Rated A

About This Home

As of June 2025

11420 Ventura Blvd is an Owner-User opportunity located in the heart of Studio City currently being operated as office space. This property features two buildings totaling 2,117 square feet, situated on a 6,184 square foot lot, and is zoned LAC2, allowing for a variety of commercial uses. The front building is 2 stories consisting of 2 units totaling 1,114 square feet. The rear building totals 1,003 square feet and includes 2 private offices, kitchen, and bathroom. ALL UNITS WILL BE DELIVERED VACANT, creating an ideal owner-user opportunity for office or multi-family. Additional features include a private gated parking lot that fits 6 cars and prime Ventura Boulevard frontage with high visibility and traffic. This property offers exceptional walkability to the many popular restaurants, cafes, and shops along Ventura Boulevard and in Tujunga Village, making it an attractive location for businesses and/or tenants looking to be in a thriving, high-traffic area. Beyond its immediate usability, this property is primed for multi-family use or future development, offering strong potential for expansion or redevelopment in one of Studio City's most sought-after commercial corridors.

Last Agent to Sell the Property

Jesse Stamps

Keller Williams Beverly Hills License #01412557 Listed on: 03/24/2025

Keller Williams Beverly Hills

Last Buyer's Agent

Jesse Stamps

Keller Williams Beverly Hills License #01412557 Listed on: 03/24/2025

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,209

Year Built

  • Built in 1956

Lot Details

  • 6,184 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Gated Home

Interior Spaces

  • 2,117 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Gated Parking

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2378-022-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,209

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2117
  • Lot Acreage: 0.1420
  • Lot Dimensions: 50x125
  • Price Per Unit: 531667.00
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 753.42

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Central, Wall/Window
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 22.12
  • Assessed Improvement Value: 141631
  • Assessed Land Percent: 77.88
  • Assessed Land Value: 498756
  • Total Assessed Value: 640387
  • Assessor Parcel Number: 2378-022-005
  • Lot Size Area: 6184

Rental Info

  • Monthly Gross Income: 7395.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.97
  • Gross Scheduled Income: 88740.00
  • Number Of Units: 3
  • Total Annual Expense: 22185
  • Type Of Units: Apartment
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2014
Sold by
Arana Diego and Arana Bernard
Bought by
Arana Diego and Arana Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 2002
Sold by
Arana Aneta
Bought by
Arana Diego

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2000
Sold by
Lee Jimmy and Lee Nancy S
Bought by
Arana Diego and Arana Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 1994
Sold by
Arnebergh Roger and Randa William
Bought by
Sun Lee Jimmy and Sun Lee Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.37%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- Gateway Title Company
Grant Deed $425,000 First American Title Co
Grant Deed $280,000 Southern California Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $470,000 New Conventional
Closed $420,000 Commercial
Closed $379,500 Commercial
Closed $365,000 Commercial
Closed $355,000 Commercial
Previous Owner $168,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $1,575,000 -1.3% $744 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $1,595,000 -- $753 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,209 $653,194 $508,731 $144,463
2024 $8,209 $640,387 $498,756 $141,631
2023 $8,056 $627,831 $488,977 $138,854
2022 $7,694 $615,522 $479,390 $136,132
2021 $7,596 $603,454 $469,991 $133,463
2019 $7,376 $585,556 $456,051 $129,505
2018 $7,254 $574,075 $447,109 $126,966
2016 $6,929 $551,786 $429,749 $122,037
2015 $6,831 $543,498 $423,294 $120,204
2014 $6,858 $532,853 $415,003 $117,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25536467

The MLS

APN: 2378-022-005