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$3,500,000
Est. payment /mo
17 Beds
18 Baths
10,821 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 10,821 sqft
Price per Sqft $323
MLS Listing ID 26634635
Bedrooms 17
HOA Y/N No
Year Built 1960
Lot Size 9,918 Sqft
Property Description
12070 Woodbridge St. presents investors with the opportunity to acquire a 12-unit apartment building located in the core of Studio City, one of Los Angeles' most consistently high-demand rental submarkets. Properties in this location are rarely available, especially those with over 30% renovated units and still significant upside in the other units. Strategically positioned just north of Ventura Boulevard, the property benefits from immediate proximity to Studio City's premier dining, retail, and lifestyle amenities. The area draws a stable, high-quality tenant base of entertainment professionals, young creatives, executives, and longterm residents seeking the neighborhood's blend of walkability, safety, and convenience. Studio City consistently ranks among the highest-earning submarkets in the Valley, supporting premium rents and reduced turnover.The asset also offers rapid access to the 101 Freeway, connecting tenants to major employment hubs including Hollywood, Burbank, Universal City, and the broader San Fernando Valley within minutes. This connectivity continues to support low vacancy rates and strong long-term rent growth in the submarket.12070 Woodbridge St. represents an exceptional opportunity to acquire a well-located, professionally maintained multifamily asset with measurable upside in one of Los Angeles' most resilient and supply-constrained rental markets. Its Studio City address, tenant-demand fundamentals, and clear value-add potential make it ideal for investors seeking both stability and growth
Location
State CA
County Los Angeles
Area Stud - Studio City
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Microwave, Refrigerator
Exterior
Parking Features Assigned
Pool In Ground
Total Parking Spaces 11
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2368015034
Special Listing Condition Standard
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Listed by Jeffrey Louks Marcus & Millichap
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Sharlotte Blake
Broker Associate | License ID: 02035876
Broker Associate License ID: 02035876
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