11966-11974 Moorpark St. Studio City, CA 91604

11966-11974 Moorpark St.
Studio City, CA 91604

Property Type
Multi-Family
Price
$5,195,000
Units
20 Units
County
Los Angeles

Excellent value-add opportunity in Studio City featuring two adjacent properties totaling 20 units. Eight located at 11974 Moorpark St. and 12 units located at 11966 Moorpark Street. Only 25% of the units are updated and 5 are vacant, allowing a potential investor to collect immediately on market rents as well as potential to update the units. This rarely available property provides covered parking + storage for tenants and the earthquake retrofit was recently completed. Close proximity to Hwy. 101, 134, & 170 and minutes from Vons, Trader Joe’s, and Village Market. Tenants also have their choice of a number of food and beverage amenities, making it a easy and convenient location.

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