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Reza Ghobadi
Reza Ghobadi
818-325-4142
This charming 5-unit apartment building is located at 11613 Moorpark Street, Los Angeles/Studio City area, CA 91602. Built in 1953, this building offers on-site laundry facilities. The unit mix is comprised of three 1bedroom/1bathroom and two 2bedroom/1bathroom units totaling approximately 4,391 rentable square feet on approximately 6,000 square feet of land zoned LAR3. The current ownership recently completed many renovations to the property such as new electrical panels, copper plumbing, tankless water heaters in all units, new sewer lines, and the soft story retrofit in 2019. All the costly deferred maintenance which has already been completed coupled with a great location and very little landlord expenses make this a fantastic opportunity for investors looking at prime locations in the San Fernando Valley. This property can be purchased separate or as portfolio with the two neighboring buildings. Please check MLS: 11617 and 11621 Moorpark Street. The building is located in a great pocket of North Hollywood/Studio City on Moorpark Street, just south of the 101 Freeway between Colfax Avenue and Tujunga Avenue, and next to Walter Reed Middle School. This site has great access to the 101, 170 and 134 Freeeways and is just a short drive to Universal Studios/City Walk, Lakeside Golf Club, Weddington Golf Club and The Shops at Sportsman’s Lodge in Studio City!
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Water Source : Public
Sewer : Public Sewer
Year Built: 1953
Building Area Total: 4,391
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1378
Lot Size Source: Assessor
Lot Size Square Feet: 6002
Original List Price: 1,750,000
Listing Contract Date: 2024-04-26
Listing Agreement: Exclusive Right To Sell
Parcel Number: 2365002012
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 699 - Not Defined
Postal Code Plus 4: 1978
Directions: East of Colfax Avenue on Moorpark Street
Zoning: LAR3
Source Property Type: Residential Income
Area: 699 - Not Defined
Property SubType: Apartment
Property Age: 71
Common Walls: 1 Common Wall
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: Front
Property Attached: Yes
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
11111 Valley Spring Lane, Studio City, CA,91602 | $3,199,995 | 5 | 6 | 4,816 | 9408 Sqft |
4271 Riverton Avenue, Studio City, CA,91602 | $1,595,000 | 3 | 3 | 1,664 | 7655 Sqft |
4180 Fair Avenue #PH6, Studio City, CA,91602 | $775,500 | 1 | 1 | 835 | 33453 Sqft |
4180 Fair Avenue #202, Studio City, CA,91602 | $950,500 | 2 | 2 | 1,452 | 33463 Sqft |
11445 Moorpark Street #18, Studio City, CA,91602 | $708,000 | 1 | 2 | 990 | 13786 Sqft |
4557 Camellia Avenue, Studio City, CA,91602 | $1,399,000 | 2 | 1 | 1,924 | 8102 Sqft |
11138 Aqua Vista Street.., Studio City, CA,91602 | $699,000 | 2 | 1 | 985 | 129439 Sqft |
4171 Elmer Avenue, Studio City, CA,91602 | $2,185,000 | 5 | 4 | 3,196 | 6749 Sqft |
4541 Colfax Avenue #112, Studio City, CA,91602 | $1,099,000 | 3 | 3 | 1,655 | 16530 Sqft |
4701 Colfax Avenue #6, Studio City, CA,91602 | $829,000 | 2 | 3 | 1,478 | 18748 Sqft |
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ByOwner last updated this listing 05/19/2024 @ 20:30
MLS: SR24084657
LISTED BY: Reza Ghobadi, Reza Ghobadi
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.