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Key Details
Sold Price $3,406,680
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,330 sqft
Price per Sqft $365
MLS Listing ID 24412999
Bedrooms 18
Year Built 2008
Lot Size 6,791 Sqft
Property Description
11469 Moorpark St is a charming boutique 6-unit apartment community located in the highly desirable neighborhood of Studio City. This is a rare offering of a 6-unit property with all townhome style units. Currently, the property is operating as an apartment building; however, it possesses a condominium map. This feature provides the future owner with the opportunity to sell off individual units, contingent upon completing the correct paperwork through the Department of Real Estate. The property features a unit mix of six three-bedroom, two-and-a-half-bathroom townhome style units with each unit averaging over 1,550 square feet. This is a rare offering in Studio City which is one of the lowest velocity submarkets in the entire San Fernando Valley. Ownership has done a good job of keeping rents near market but has left 20% upside for a new owner. Units feature large and spacious floorplans, in unit washer dryers and garaged parking
Location
State CA
County Los Angeles
Area Stud - Studio City
Building
Story 3
New Construction No
Others
Special Listing Condition Standard
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Bought with Robert Bazoo • Executive Realty & Finance