$3,475,000
11469 Moorpark St North Hollywood, CA 91602
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$3,475,000
Est. payment /mo
18 BD
18 BA
9,330 SqFt
Active Under Contract
11469 Moorpark St North Hollywood, CA 91602
UPDATED:
10/22/2024 08:32 PM
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 9,330 sqft
Price per Sqft $372
MLS Listing ID 24412999
Bedrooms 18
HOA Y/N No
Year Built 2008
Lot Size 6,791 Sqft
Acres 0.1559
Property Description
11469 Moorpark St is a charming boutique 6-unit apartment community located in the highly desirable neighborhood of Studio City. This is a rare offering of a 6-unit property with all townhome style units. Currently, the property is operating as an apartment building; however, it possesses a condominium map. This feature provides the future owner with the opportunity to sell off individual units, contingent upon completing the correct paperwork through the Department of Real Estate. The property features a unit mix of six three-bedroom, two-and-a-half-bathroom townhome style units with each unit averaging over 1,550 square feet. This is a rare offering in Studio City which is one of the lowest velocity submarkets in the entire San Fernando Valley. Ownership has done a good job of keeping rents near market but has left 20% upside for a new owner. Units feature large and spacious floorplans, in unit washer dryers and garaged parking
Location
State CA
County Los Angeles
Area Stud - Studio City
Interior
Fireplace No
Exterior
Total Parking Spaces 12
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID UNAVAILABLE
Special Listing Condition Standard
Listed by Adam Feldman • Matthews Real Estate Investment Services
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