Active
13018 Valleyheart Drive
Studio City CA, 91604
$3,695,000
$510.92 per sqft
Active
7,232 sqft
Condo
Built in 1961
Listed by David Nalbandyan with LA Premier Realty 855-525-7653
Pleased to present a rare and unique opportunity to own an 11 Unit Value-Add property in the heart of Studio City, walking distance to the Shops at Sportsman's Lodge on Coldwater Blvd and the countless attractions, restaurants, bars, and cafes on Ventura Blvd. With over 36% percent upside in rents and significant capital already invested by Seller, this is an ideal opportunity for a Buyer seeking capital preservation and appreciation in a Class A location. The unit mix consists of Two - 2 Bedroom Units, Eight - 1 Bedroom Units, and One - Studio. Building is also settled on nearly a 10K lot with No Soft Story Retrofit required while offering an ADU opportunity for the next Buyer.
BB24026130
MLSⓇ ID
February 5, 2024
Listed
March 28, 2024
Updated
Map
13018 Valleyheart Drive
Studio City CA, 91604
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.21 Acres
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer
Other Property Details
Area Name
STUD - Studio City
Days on Market
34
Garage
Yes
Garage Spaces
13
Parking Total
13
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR3
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
3/25/2024 | Price Change | $3,695,000 -6% |
3/25/2024 | Active | — |
3/11/2024 | Pending | — |
Listing Contact: 855-525-7653
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/28/2024 at 3:20 PM UTC