13000 Valleyheart Dr - Apartments FOR SALE


Studio City, CA 91604
$7,999,999 USD
310-922-6124
13000 Valleyheart Dr, Studio City, CA for Sale
$7,999,999 USD
Apartments - FOR SALE
1/22
null | 5.42% Cap Rate

13000 Valleyheart Dr
Studio City, CA 91604


HIGHLIGHTS

  • Major Systems Already Done New roof (2025), pool re-plaster (2025), new electrical panels (2026), copper plumbing. Mostly all Remodeled units
  • Half Block to Ventura Blvd | Steps to Erewhon, Equinox, Sugarfish. Surrounded by Riverwalk at Studio City (814 units), Harvard Westlake New Campus
  • 47.7% Upside Potential via ADU Development + Market Rents Rear parking area supports 6-8 potential 2BR/2BA ADUs

OVERVIEW

Jake Plewa of RE/MAX Commercial & Investment Realty is proud to present 13000 Valleyheart Drive, a 25-unit multifamily community half a block from Ventura Boulevard in the heart of Studio City—one of Los Angeles' most desirable and supply-constrained submarkets. Built in 1956 and renovated in 2025, the property spans 15,086 SF on an oversized 20,604 SF LAR3 lot. The unit mix is well balanced: 13 one-bedrooms, 9 two-bedrooms, and 3 studios. The majority of units have been remodeled with new cabinetry, quartz countertops, stainless appliances, and upgraded flooring. Residents enjoy a swimming pool, on-site laundry, secure access, and on-site parking on a quiet, tree-lined street with direct access to the North Valleyheart Riverwalk. Half a block from Erewhon, Equinox, Sugarfish, Shake Shack, and Ventura Boulevard's premier dining corridor. Walk Score 88 (Very Walkable). Minutes to Radford Studio Center, Universal, Warner Bros., Disney, and NBCUniversal. CAPITAL IMPROVEMENTS (DE-RISKED SYSTEMS) Roof replaced (2025) Pool re-plastered (2025) New electrical panels and breakers (2026); upgraded electrical in all units (2022) Mostly copper plumbing throughout The heavy lifting is done—a new owner inherits modernized systems, not deferred maintenance. Three New Nearby Developments Riverwalk at Studio City: 814 units + 76,000 SF commercial, adjacent to the LA River Harvard-Westlake Riverpark Campus: 17-acre campus with 6 acres of public open space, opening fall 2026 Radford Studio Center Expansion: ~1M SF of new production space on the 55-acre historic lot

FOR SALE DETAILS

PRICE

$7,999,999 USD

PRICE/SF

$530 USD /SF

# OF UNITS

25

PRICE/UNIT

$320,000

CAP RATE

5.42%

% LEASED

84%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PRIME STUDIO CITY – RENOVATED 25 UNITS 5.42%

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,517 SF

ZONING

R3

APN/PARCEL ID

2375-022-047

ASK ABOUT THIS PROPERTY

Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

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Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

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