4248 Whitsett Avenue new Save Request In-Person Tour Request Virtual Tour
Studio City (los Angeles),CA 91604
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $454
MLS Listing ID CL25529371
Year Built 1984
Lot Size 6,074 Sqft
Property Sub-Type Other
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
Zoning LAR3
Interior
Heating Forced Air
Cooling Other
Flooring Vinyl
Building
New Construction No
Others
Virtual Tour https://www.themls.com/properties/vt/CA/Studio-City/4248-Whitsett-Ave/Residential-Income/25529371