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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$3,500,000

Est. payment - /mo

17 Beds

18 Baths

10,821 SqFt

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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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12070 Woodbridge ST Studio City, CA 91604