Active
$2,400,000
5 Units
10 Beds
10 Baths
5,322 Area(sq.ft.)
Lot: 5,156 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 2,400 | $ 2,400 | $ 3,200 |
| Unit 2 | 1 | 2 | 2 | No | $ 2,400 | $ 2,400 | $ 3,200 |
| Unit 3 | 1 | 2 | 2 | No | $ 2,400 | $ 2,400 | $ 3,200 |
| Unit 4 | 1 | 2 | 2 | No | $ 2,400 | $ 2,400 | $ 3,200 |
| Unit 5 | 1 | 2 | 2 | No | $ 2,400 | $ 2,400 | $ 3,200 |
| 5 | 10 | 10 | $ 12,000 | $ 12,000 | $ 16,000 |
| MLS #: | SR25122078MR |
| Days On Market: | 186 |
| Listing Date: | June 2, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 451 |
| Price per unit: | $ 480,000 |
| Year Built: | 1979 |
Property Details
Rare 5-Unit Townhouse-style Building in Prime Studio City. Excellent investment opportunity in a high-demand rental market. This corner-lot property features five townhouse-style units, each offering 2 bedrooms and 1 1/2 bathrooms, ideal for long-term or future resale potential. Located between Ventura Blvd and Moorpark St, at the intersection of Coldwater Canyon and Woodbridge St, this asset is positioned in one of Studio City's most desirable areas, offering strong tenant appeal and walkability to shops, dining, and transit. All units are separately metered, with strong layout fundamentals and potential for increased rental income through cosmetic upgrades. Possible condo conversion opportunity-buyer to verify with the City of Los Angeles Planning Department. Whether you're looking to stabilize for cash flow or reposition and sell individually, this property offers a clear path for value-add investors.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 50,271 |
| Net Operating Income: | $ 96,141 |
Structure
| Community Features: | Curbs, Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LARD1.5 |
| Land Lease Type: | Fee |
| Total Parking: | 10 |
Interior
| Laundry: | Community |
| Laundry Income: | 1200.00 |
Exterior
| Pool: | No |
Detailed Map
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Income
