13018 Valleyheart Drive, Studio City, CA 91604

$3,695,000
List Price
$3,695,000
Price Change
▼ $200,000 1711417481
MLS#
BB24026130
Status
ACTIVE
Type
Multifamily

Property Description

Pleased to present a rare and unique opportunity to own an 11 Unit Value-Add property in the heart of Studio City, walking distance to the Shops at Sportsman's Lodge on Coldwater Blvd and the countless attractions, restaurants, bars, and cafes on Ventura Blvd. With over 36% percent upside in rents and significant capital already invested by Seller, this is an ideal opportunity for a Buyer seeking capital preservation and appreciation in a Class A location. The unit mix consists of Two - 2 Bedroom Units, Eight - 1 Bedroom Units, and One - Studio. Building is also settled on nearly a 10K lot with No Soft Story Retrofit required while offering an ADU opportunity for the next Buyer.

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Calculator source: Real Geeks

Courtesy of LA Premier Realty, David Nalbandyan.