13028 Valleyheart Dr, Studio City, CA 91604

18 Unit Apartment Building | $7,995,000 ($444,167/Unit) | 4.60% Cap Rate | Studio City, CA 91604

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $7,995,000

Property Type
Multifamily
Square Feet
21,744 SF

Listing Contacts

Jeff Louks
Jeff Louks
Verified Profile
Brett Sanson
Brett Sanson
Verified Profile
Elliot Sabag
Elliot Sabag
Verified Profile
  • Property Info

Property Overview

The Jeff Louks & Brett Sanson Groups are proud to present an eighteen unit, very well-maintained apartment building located in a highly desirable Studio City submarket. The property was built in 1986 and is not subject to LA City Rent Control. The property has an excellent unit mix of Nine Two Bedroom/ Two Bath units and Nine Two Bedroom/Two Bath units with lofts and a private roof top decks. The
units are spacious and feature 9-14 foot ceilings, central A/C & heat, fireplaces, and balconies or patios In addition to very desirable units, the property also offers a variety of amenities including a pool, gym, gated subterranean parking, intercom entry, trash chute, and an on-site laundry facility.
The property is located just one block North of Ventura Blvd, just West of Coldwater Canyon and a few blocks East of Fulton Avenue. This location is very attractive to residents due to its walking distance to Erewhon Market, endless dining options and entertainment of Ventura Blvd, easy access to the 101 Freeway and overall pride of ownership that many of the homeowners and residents have in the area.

Property Details

Class
B
Year Built
1986
Stories
2
Lot Size (sq. ft)
14,375 SF
Units
18

Highlights

  • Built in 1986 - No LA City Rent Control
  • Excellent Unit Mix - All 2+2's - Nine with Lofts
  • Upstairs Units Have Lofts and Private Roof Top Decks
  • Intercom Entry, Pool, Gym, Backyard BBQ area
  • Subterranean Gated Parking - 36 Spaces

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