11607 Acama St - Apartments FOR SALE


Studio City, CA 91604
$4,195,000 USD
818-399-4880
11607 Acama St, Studio City, CA for Sale
$4,195,000 USD
Apartments - FOR SALE
1/25
null | 6% Cap Rate

11607 Acama St
Studio City, CA 91604


HIGHLIGHTS

  • Prime Studio City Location - One of San Fernando Valleys most coveted and supply-constrained rental markets
  • All Townhome Layouts - 100% two-story (2B) and (3B) residences delivering a distinctive luxury living experience
  • Unit Amenitites - 2 parking spaces, Patio or Balcony, all bedrooms upstairs, and Community Laundry
  • Oversized Corner Lot Setting - Surrounded primarily by luxury single family homes, creating a quiet neighborhood feel
  • Stable, Long-Term Ownership - Generational asset offered for sale for the first time in years, rearely avilable in this submarket
  • Compelling Investment Fundamentals - High rental demand, value add opportunity, and attractive in place CAP rate, GRM, and Cost Per Foot

OVERVIEW

PROPERTY OVERVIEW Jared Levine of JML Real Estate Group / KW Commercial, the exclusive listing agent, is pleased to present Acama Townhomes, a generational 12-unit multifamily townhome building located in the heart of Studio City — one of the San Fernando Valley’s most coveted and supply-constrained rental markets. Built in 1971, the property sits on an oversized 15,173 SF corner lot with a massive 16,048 SF building footprint, zoned LARD 1.5. Acama Townhomes features an exceptional layout comprised entirely of two-story townhome-style residences, offering spacious two- and three-bedroom floorplans with all bedrooms upstairs — a highly desirable design that delivers a distinctive living experience and functionality. Each unit includes two parking spaces and either a private balcony or patio. Surrounded primarily by single-family homes and characterized by a unique wood façade that provides charming East Coast character, this captivation and generational asset presents investors with a rare opportunity to acquire a legacy property in one of the most stable and high-demand neighborhoods in the San Fernando Valley. THE OPPORTUNITY Acama Townhomes presents a compelling value-add investment with potential upside through selective interior renovations and exterior modernization. The large townhome layouts, strong in-place tenancy, and premier location create an ideal foundation for potential income growth and long-term appreciation. Additional features include secure building access, an on-site laundry room, and ample parking with two spaces per unit — amenities that continue to attract and retain quality tenants. Long-term ownership further enhances the offering, as these generational Studio City assets rarely trade. With strong renter demand, attractive CAP rate and GRM metrics, and highly competitive cost per foot pricing, Acama Townhomes provides investors with both stability and upside in one of the Valley’s top-performing submarkets. THE LOCATION Strategically located in prime Studio City near Ventura Boulevard’s vibrant mix of cafes, boutiques, and dining, the property benefits from immediate access to lifestyle amenities and everyday conveniences. Residents enjoy proximity to major studios, employment centers, and highly regarded schools, making the area especially attractive to families and working professionals. Easy access to 101 and 134 Freeways ensures seamless connectivity throughout the Valley and Greater Los Angeles, reinforcing the property’s long-term desirability and consistent rental demand.

FOR SALE DETAILS

PRICE

$4,195,000 USD

PRICE/SF

$261 USD /SF

# OF UNITS

12

PRICE/UNIT

$349,583

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

All Townhomes | $261 FT | 10.9 GRM | 6% CAP |

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

LARD1.5

APN/PARCEL ID

2368-014-024

ASK ABOUT THIS PROPERTY

Jared LevineJML Real Estate GroupMore Info
818-399-4880

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Jared LevineJML Real Estate GroupMore Info
818-399-4880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.