Studio City, CA 91604,12918 Valleyheart Dr
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$ 3,695,000
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12918 Valleyheart Dr Studio City, CA 91604

18 Beds

12 Baths

9,944 SqFt


UPDATED:

09/30/2024 10:10 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,944 sqft

Price per Sqft $371

MLS Listing ID 24-391251

Bedrooms 18

Year Built 1954

Lot Size 0.401 Acres

Acres 0.1947

Property Description

Major Price Reduction!!! Price reduced by $295,000. 12918 & 12924 Valleyheart Dr. is a terrific 12 unit property consisting of two side by side 6 unit apartment buildings located in the heart of Studio City, one of the most sought after locations in the San Fernando valley. Built in 1954, the properties have an excellent mix of units consisting of 6 -One Bed + One Bath Units and 6 - Two Bed + One Bath Units. These charming units are equipped with amenities including wall air conditioning, balconies, covered/gated parking, and secured entry. The buildings are located on a beautiful tree lined street across from the Valleyheart Riverwalk. Tenants can enjoy close access to a variety of upscale shops, markets, and exercise facilities located at the nearby Shops at Sportsmen's Lodge. Property is being sold along with 12914 Valleyheart Drive + 12934 Valleyheart. Buildings may be purchased separately or all together. This is a rare opportunity for an investor to purchase a value-add income property in a great Studio City location.

Location

State CA

County Los Angeles

Area Studio City

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Range/Oven, Refrigerator

Exterior

Garage Covered Parking, Gated

Garage Spaces 12.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Miller & Desatnik Realty Co.