The Glaser Group is pleased to present the Rekal Court Apartments located at 12756 & 12800 Moorpark St in Studio City, CA. This 28-unit mid-century multifamily complex is comprised of two separate parcels with a 10-unit building and an 18-unit building, sitting on over 27K SqFt of R3 zoned land. The property offers a diverse unit mix, with (8) units featuring a highly desirable 2-bed / 2-bath configuration, (2) 2-bed /1-bath units and (18) 1-bed / 1-bath units. 13 of the 28 units also have private balconies.
Built in 1978 and 1958 respectively, the apartments boast a large 952 average square feet per unit. With 34% upside in rents, investors are poised to execute on a significant value-add strategy. The property offers a variety of onsite amenities including laundry facilities and a swimming pool in the 12800 Building, and 36 total parking spaces (15 beneath the 10-unit building & 21 tucked under the 18-unit building). Notably, the 10-unit building is an all-electric building with a single gas meter for the water heater, but no gas hookups in the individual units. The larger 28-unit building has a traditional gas configuration, with one meter for each unit.
In terms of capital improvements, the electrical sub panels were upgraded in 2022. Both soft-story earthquake retrofits were already completed on both buildings in 2020. Additionally, the pool filtration system was upgraded in the past few years, and the rain gutters on both buildings were cleaned and repaired in April 2025. All of the exterior walkways were also re-sealed with magnesite in the past few years.
The Rekal Court Apartments are nestled in the prime Studio City neighborhood of the San Fernando Valley. Studio City, is one of the most desirable neighborhoods of Los Angeles County. Known for its vibrant atmosphere, this area is a hub of entertainment, dining, and retail options. Residents of the property are just blocks away from Ventura Blvd with easy access to a wide range of upscale shops, grocery stores, gyms, and gourmet restaurants like Erewhon, SUGARFISH, Equinox, Alfred Coffee, Roberta’s, UOVO and more. The area is also home to picturesque parks and recreational spaces, providing a balance of urban living and outdoor relaxation.