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12659 MOORPARK Street, Studio City, CA 91604

Property Details

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12659 MOORPARK Street
Studio City, CA 91604

For Sale: $12,600,000

Property Type: Commercial Apartments
MLS#: 19437258

  • Building Size: 33384 SF
  • Lot Size: 35458 SF
  • Number of Units: 28
  • Number of Stories: 2
  • Year Built: 1969
  • Days on market: 83
  • Net Operating Income: $338,971
  • Gross Scheduled Income: $588,462
  • Rent Control: No
  • GRM: 21.00
  • Contact Listing Agent Direct:
  • Ryan Friedman, Ryan Friedman

Property Description

Located on nearly an acre of park-like grounds, this 28-unit building sits just north of Ventura Blvd. in a prime pocket of Studio City. The location provides close proximity to restaurants, shopping, parks and freeways. The building has been lovingly maintained, and many 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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12659 MOORPARK Street, Studio City, CA 91604

Based on information from California Regional Multiple Listing Service, Inc. as of February 25, 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Ryan Friedman, Ryan Friedman

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