12659 Moorpark Street

    Studio City, CA 91604
    • $12,650,000
    • STATUS: Active
    • ON SITE: 209 days
    • ID#: 19423618
    UPDATED: 177 min ago
    $12,650,000
    • 0
      BEDS
    • 0.81
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 33,384
      SQFT
    • $379
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    Description

    Located on nearly an acre of park-like grounds, this 28-unit building sits just north of Ventura Blvd. in a prime picket of Studio City. The location provides close proximity to restaurants, shopping, parks and freeways. The building has been lovingly maintained by the same family for over 2 decades, and several of the units have been updated w/ hard surface flooring, stainless-steel appliances and other amenities. All but four of the units have town-home style layouts, with the bedrooms located upstairs and the living spaces situated on the ground floor. Tongue-and-groove ceilings, exposed beams, and other mid-century period details, imbue the units with charm and character. The roof was replaced in 2015. Unit mix consists of fourteen 1+1 bath units, 10 2+2 units and four 3+2.5 bath units.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-19T00:39:49.937. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
    www.bobkellyteam.com/homes/92033228

    12659 Moorpark Street Studio City, CA 91604

    • Price: $12,650,000
    • Status: Active
    • Updated: 177 min ago
    • ID#: 19423618
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.81
    Acres
    33,384
    SQFT
    $379
    $/SQFT
    1969
    Built
    Neighborhood:
    STUD - Studio City
    County:
    Los Angeles
    Area:
    STUD - Studio City
    Property Description
    Located on nearly an acre of park-like grounds, this 28-unit building sits just north of Ventura Blvd. in a prime picket of Studio City. The location provides close proximity to restaurants, shopping, parks and freeways. The building has been lovingly maintained by the same family for over 2 decades, and several of the units have been updated w/ hard surface flooring, stainless-steel appliances and other amenities. All but four of the units have town-home style layouts, with the bedrooms located upstairs and the living spaces situated on the ground floor. Tongue-and-groove ceilings, exposed beams, and other mid-century period details, imbue the units with charm and character. The roof was replaced in 2015. Unit mix consists of fourteen 1+1 bath units, 10 2+2 units and four 3+2.5 bath units.
    Exterior Features

    Lot Size Units Square Feet Parking Features Carport Parking YN Yes

    Property Features

    Gross Multiplier 21.00 Gross Operating Income 588462.00 Improvements Amount 1936626 Land Value 1291080 Net Operating Income 338971.00 Special Listing Conditions Standard Total Expenses 249491.00 Utilities Cable Available Zoning Lar3

    Listing provided courtesy of Ryan Friedman of Ryan Friedman


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-19T00:39:49.937. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
     
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