12334 Moorpark St - Apartments FOR SALE


Studio City, CA 91604
$1,795,000 USD
12334 Moorpark St, Studio City, CA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/33
null | 4.6% Cap Rate

12334 Moorpark St
Studio City, CA 91604


HIGHLIGHTS

  • Attractive Unit Mix: The property consists of 4 spacious units totaling 6 bedrooms and 4 bathrooms.
  • Prime Studio City Location: Situated just off Ventura Boulevard, the property offers walkable access to charming Tujunga Village
  • Modern Comforts: Units are equipped with central air conditioning and heating
  • Ample Parking: Includes 3 total parking spaces and a combination driveway
  • Tenant Demand Drivers: Proximity to the Metro Red Line, Fryman Canyon hiking trails, and Universal Studios

OVERVIEW

12334 Moorpark St presents an exceptional opportunity to acquire a well-maintained, four-unit multifamily property in the heart of Studio City—one of the most desirable rental markets in Los Angeles. Built in 1951, this charming mid-century, garden-style building sits on a 7,004 SF lot and features 3,008 SF of rentable space across four spacious one-bedroom units, including two with dens. Each unit offers updated interiors with central air and heat, private outdoor space, and on-site parking. With two units currently vacant, the property provides immediate leasing upside and excellent potential for value-add investors seeking to reposition and capture market rents. Ideally located just off Ventura Boulevard, residents enjoy walkable access to Tujunga Village, boutique shops, dining, and entertainment, with close proximity to major employment centers, Fryman Canyon, and the 101 Freeway. This is a rare opportunity to own a stabilized asset with strong upside in one of the Valley’s most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$597 USD /SF

# OF UNITS

4

PRICE/UNIT

$448,750

CAP RATE

4.6%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,319 SF

ZONING

LAR3

APN/PARCEL ID

2367-002-003

ASK ABOUT THIS PROPERTY

Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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