12070 Woodbridge St - Apartments FOR SALE


Studio City, CA 91604
$3,500,000 USD
310-941-5899
12070 Woodbridge St, Studio City, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/17
null | 4.11% Cap Rate

12070 Woodbridge St
Studio City, CA 91604


HIGHLIGHTS

  • 12 Units in Excellent Stuio City Location
  • Great Unit Mix of 6)1 Bed & 1 Bath, 1)1 Bed & 1.5 Bath TH, 3)2 Bed & 1.5 Bath TH, 2) 2Bed & 1.75 Bath
  • Soft Story Retrofit Completed
  • Built in 1960 Subject to LA City Rent Control
  • New Roof
  • Swimming Pool

OVERVIEW

12070 Woodbridge St. presents investors with the opportunity to acquire a 12-unit apartment building located in the core of Studio City, one of Los Angeles’ most consistently high-demand rental submarkets. Properties in this location are rarely available, especially those with over 30% renovated units and still significant upside in the other units. Strategically positioned just north of Ventura Boulevard, the property benefits from immediate proximity to Studio City’s premier dining, retail, and lifestyle amenities. The area draws a stable, high-quality tenant base of entertainment professionals, young creatives, executives, and longterm residents seeking the neighborhood’s blend of walkability, safety, and convenience. Studio City consistently ranks among the highest-earning submarkets in the Valley, supporting premium rents and reduced turnover. The asset also offers rapid access to the 101 Freeway, connecting tenants to major employment hubs—including Hollywood, Burbank, Universal City, and the broader San Fernando Valley—within minutes. This connectivity continues to support low vacancy rates and strong long-term rent growth in the submarket. 12070 Woodbridge St. represents an exceptional opportunity to acquire a well-located, professionally maintained multifamily asset with measurable upside in one of Los Angeles’ most resilient and supply-constrained rental markets. Its Studio City address, tenant-demand fundamentals, and clear value-add potential make it ideal for investors seeking both stability and growth

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$323 USD /SF

# OF UNITS

12

PRICE/UNIT

$291,667

CAP RATE

4.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

LAR3

APN/PARCEL ID

2368-015-034

ASK ABOUT THIS PROPERTY

Jeff LouksMarcus & MillichapMore Info
310-941-5899

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Jeff LouksMarcus & MillichapMore Info
310-941-5899

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