13018 Valleyheart DR Studio City, CA 91604
Sale
$3,695,000
11 Units
3 Beds
3 Baths
7,232 Area(sq.ft.)
9,254 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 2 | 2 | 1 | No | $ 5,445 | $ 5,445 | $ 5,600 |
| Unit 2 | 8 | 1 | 1 | No | $ 15,558 | $ 15,558 | $ 18,800 |
| Unit 3 | 1 | studio | 1 | No | $ 849 | $ 849 | $ 1,900 |
| 3 | 11 | 12 | 11 | $ 136,203 | $ 136,203 | $ 163,500 |
| MLS #: | BB24026130MR |
| Days On Market: | 34 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 511 |
| Price per unit: | $ 335,909 |
| Year Built: | 1961 |
Property Details
Pleased to present a rare and unique opportunity to own an 11 Unit Value-Add property in the heart of Studio City, walking distance to the Shops at Sportsman's Lodge on Coldwater Blvd and the countless attractions, restaurants, bars, and cafes on Ventura Blvd. With over 36% percent upside in rents and significant capital already invested by Seller, this is an ideal opportunity for a Buyer seeking capital preservation and appreciation in a Class A location. The unit mix consists of Two - 2 Bedroom Units, Eight - 1 Bedroom Units, and One - Studio. Building is also settled on nearly a 10K lot with No Soft Story Retrofit required while offering an ADU opportunity for the next Buyer.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
Structure
| Community Features: | Curbs |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | LAR3 |
| Land Lease Type: | Fee |
| Total Parking: | 13 |
Interior
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
Detailed Map
Schools
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Income
