8
See all 8 photos
$2,999,000
Est. payment /mo
12 Beds
13 Baths
6,600 SqFt
New
4248 Whitsett AVE Studio City, CA 91604
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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
HOA Y/N No
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
Fireplace No
Appliance Gas Range
Exterior
Parking Features Assigned, Controlled Entrance, Electric Gate, Gated
Garage Spaces 13.0
Garage Description 13.0
Pool None
View Y/N Yes
Porch Porch
Attached Garage Yes
Total Parking Spaces 13
Private Pool No
Building
Faces West
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2367008065
Special Listing Condition Standard
Listed by Francis Tim Hyde • Compass
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