Description
Prime 7-unit investment opportunity in studio citylocated on a serene, tree-lined street just steps from vibrant ventura boulevard, this well-maintained 7-unit apartment building offers exceptional upside in one of studio city's most desirable neighborhoods. built in 1984 and not subject to rent control, this rare find features a strong unit mix: five spacious 2-bedroom units and two charming 1-bedroom units perfect for attracting long-term tenants or converting to condominiums (buyer to verify).the building generates an approximate gross annual income of $204,000, with room for increased rents and future value-add potential. with 13 gated parking spaces, secure entry, and a premium south of moorpark location, it's an attractive choice for both investors and owner-users. consider using one unit as your private office while collecting passive income from the rest.nestled near multi-million dollar homes, boutique shops, and top-rated dining, this property is a short walk to the iconic sportsman's lodge development, the new harvard-westlake athletic complex, erewhon, and countless lifestyle amenities.don't miss this rare opportunity to own a low-maintenance, high-demand asset in one of la's strongest rental markets. (property will be delivered with 2 vacant units).
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49485353
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 12
Bathroom Information
- Total Baths: 13
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Gas Range
- Flooring: Vinyl
Cooling Features
- Electric
- Air Conditioning
Heating Source
- Forced Air
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1984
- Building Area Total: 6,600
- Construction: Stucco
Pool Features
- None
Patio And Porch
- Porch
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1394
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6074
-
Listing Information
Listing Price Information
- Original List Price: 2,999,000
- Listing Contract Date: 2025-04-23
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2367008065
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Controlled Entrance,Electric Gate,Gated
- Attached Garage: Yes
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: STUD - Studio City
- Postal Code Plus 4: 1678
- Directions: South of Moorpark and walkable to Sportsman's Lodge Shopping and Erewon.
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: STUD - Studio City
Building and Construction
- Property Age: 41
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 6600
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/27/2025 @ 09:54
- MLS: 25529371
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 12 bedrooms which is for sale, it has 6,600 sqft, 6,074 sized lot, and 13 parking. are nearby neighborhoods.