4248 Whitsett AVE new Save Request In-Person Tour Request Virtual Tour
Studio City,CA 91604
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $454
MLS Listing ID 25529371
Bedrooms 12
Year Built 1984
Lot Size 6,072 Sqft
Property Description
Prime 7-Unit Investment Opportunity in Studio CityLocated on a serene, tree-lined street just steps from vibrant Ventura Boulevard, this well-maintained 7-unit apartment building offers exceptional upside in one of Studio City's most desirable neighborhoods. Built in 1984 and not subject to rent control, this rare find features a strong unit mix: five spacious 2-bedroom units and two charming 1-bedroom units perfect for attracting long-term tenants or converting to condominiums (buyer to verify).The building generates an approximate gross annual income of $204,000, with room for increased rents and future value-add potential. With 13 gated parking spaces, secure entry, and a premium South of Moorpark location, it's an attractive choice for both investors and owner-users. Consider using one unit as your private office while collecting passive income from the rest.Nestled near multi-million dollar homes, boutique shops, and top-rated dining, this property is a short walk to the iconic Sportsman's Lodge development, the new Harvard-Westlake athletic complex, Erewhon, and countless lifestyle amenities.Don't miss this rare opportunity to own a low-maintenance, high-demand asset in one of LA's strongest rental markets. (property will be delivered with 2 vacant units).
Location
State CA
County Los Angeles
Area Stud - Studio City
Zoning LAR3
Interior
Heating Forced Air
Cooling Electric
Flooring Vinyl
Exterior
Parking Features Assigned,Controlled Entrance,Electric Gate,Gated
Garage Spaces 13.0
Garage Description 13.0
Pool None
View Y/N Yes
Building
Story 2
New Construction No
Others
Special Listing Condition Standard