A rare five-unit multifamily opportunity in the heart of Studio City. Built in 1984, the property consists of (5) spacious two-bedroom, 2.5-bathroom townhouse-style apartments averaging 1,380 SF each. Units feature private balconies, high ceilings, and select units offer direct parking access or private garages. This well-maintained asset offers over 25% upside potential through interior upgrades and rent increases. With alley access and the possibility of adding 1–2 ADUs OR CONVERSION TO INDIVIDUAL UNITS TO SALE (buyer to verify with the City of Los Angeles), it represents a strong value-add play. Located between the 134 Freeway and Ventura Blvd, the property is within walking distance to Erewhon Market, the newly developed Sportsman’s Lodge shopping center, and other high-end retail, dining, and lifestyle amenities.