Active
$3,295,000
6%
10 Units
12 Beds
14 Baths
8,892 Area(sq.ft.)
Lot: 8,768 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | studio | 1 | No | $ 1,760 | $ 1,760 | $ 1,800 |
| Unit 10 | 10 | 1 | 1 | No | $ 1,675 | $ 1,675 | $ 2,000 |
| Unit 2 | 2 | 2 | 2 | No | $ 1,640 | $ 1,640 | $ 2,650 |
| Unit 3 | 3 | 2 | 2 | No | $ 2,500 | $ 2,500 | $ 2,650 |
| Unit 4 | 4 | studio | 1 | No | $ 1,285 | $ 1,285 | $ 1,800 |
| Unit 5 | 5 | 1 | 1 | No | $ 1,380 | $ 1,380 | $ 2,000 |
| Unit 6 | 6 | 2 | 2 | No | $ 2,650 | $ 2,650 | $ 2,650 |
| Unit 7 | 7 | 1 | 1 | No | $ 1,600 | $ 1,600 | $ 2,000 |
| Unit 8 | 8 | 1 | 1 | No | $ 1,765 | $ 1,765 | $ 2,000 |
| Unit 9 | 9 | 2 | 2 | No | $ 2,100 | $ 2,100 | $ 2,650 |
| 55 | 70 | 75 | $ 101,450 | $ 101,450 | $ 122,000 |
| MLS #: | 25519051 |
| Days On Market: | 310 |
| Listing Date: | March 31, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 371 |
| Price per unit: | $ 329,500 |
| Year Built: | 1963 |
Property Details
Own a Generational Building in The Renown Tujunga Village Area of Studio City, Bustling with Retail, Cafes, Restaurants and Entertainment- This Center Courtyard 1963 Building Seldom Has Any Vacancy, is Easy to Manage and has a Walk Score of 87-Attractive Unit Mix of Four, 2 Bedroom + 2 Bath Units, Four, 1 Bedroom + 1 Bath Units and 2 Singles- Separately Metered for Gas and Electric-Tons of Upside Potential-The Building has Been Very Well Maintained, It is Re-Piped, has Newer Electric, Newer Windows and Many Units have been Renovated- The Best Location in the Studio City-Tujunga Village is the Valleys Hidden Gem-Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes, 100% |
| Vacancy Rate: | 90% |
| Gross Operating Income: | $ 221,460 |
| Total Annual Expense: | $ 82,940 |
| Net Operating Income: | $ 143,080 |
| Gross Annual Income: | $ 226,020 |
| Cap Rate: | 4.34% |
| Gross Rent Multiplier: | 14.57 |
Structure
| Type of Units: | 10 |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Carport |
| Total Parking: | 10 |
Interior
| AC/Cooling: | Air Conditioning, Wall Unit(s) |
| Equipment: | Garbage Disposal, Range/Oven |
| Heating: | Radiant |
Exterior
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