4248 Whitsett Ave new Save Request In-Person Tour Request Virtual Tour
Studio City,CA 91604
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $454
MLS Listing ID 25529371
Style Low Rise
Bedrooms 12
Year Built 1984
Lot Size 6,074 Sqft
Acres 0.1394
Property Sub-Type Multi-Family
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 Studio City
Zoning LAR3
Rooms
Other Rooms None
Kitchen Formica Counters
Interior
Heating Forced Air
Cooling Air Conditioning, Electric
Flooring Vinyl, Mixed
Equipment None
Laundry Laundry Area
Exterior
Parking Features Auto Driveway Gate, Assigned, Subterr Tandem, Garage Is Attached, Gated, Gated Underground, Controlled Entrance
Garage Spaces 13.0
Pool None
View Y/N Yes
View Walk Street
Roof Type Flat
Building
Story 2
Architectural Style Low Rise
Level or Stories Two
Structure Type Stucco
Others
Special Listing Condition Standard
Virtual Tour https://www.themls.com/properties/vt/CA/Studio-City/4248-Whitsett-Ave/Residential-Income/25529371