Multifamily
12334 Moorpark St
12334 Moorpark St, Los Angeles, CA 91604
Listing Price: $1,795,000
Cap Rate
4.60%
Number of Units
4
GRM
15.14
Price/Unit
$448,750
Price/Gross SF
$596.74
Gross SF
3,008
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 12334 Moorpark St, a four-unit apartment building located in the highly desirable 91604 zipcode of Studio City.
Investment Highlights
- Units are equipped with central air conditioning and heating, providing tenants with year-round comfort and enhancing rental desirability.
- The property consists of 4 spacious units totaling 6 bedrooms and 4 bathrooms, providing a balanced layout well-suited for families, professionals, and shared living arrangements.
- Includes 3 total parking spaces and a combination driveway, offering convenience and added value for tenants in a high-demand submarket.
- Prime Studio City Location: Situated just off Ventura Boulevard, the property offers walkable access to charming Tujunga Village and immediate proximity to dining, shopping, entertainment, and major employment centers. Studio City remains one of the San Fernando Valley's most desirable rental markets.
- Proximity to the Metro Red Line, Fryman Canyon hiking trails, and Universal Studios enhances renter appeal, supporting long-term occupancy stability.
Exclusively Listed By
Listing Price: $1,795,000
Cap Rate
4.60%
Number of Units
4
GRM
15.14
Price/Unit
$448,750
Price/Gross SF
$596.74
Gross SF
3,008
Investment Highlights
- Units are equipped with central air conditioning and heating, providing tenants with year-round comfort and enhancing rental desirability.
- The property consists of 4 spacious units totaling 6 bedrooms and 4 bathrooms, providing a balanced layout well-suited for families, professionals, and shared living arrangements.
- Includes 3 total parking spaces and a combination driveway, offering convenience and added value for tenants in a high-demand submarket.
- Prime Studio City Location: Situated just off Ventura Boulevard, the property offers walkable access to charming Tujunga Village and immediate proximity to dining, shopping, entertainment, and major employment centers. Studio City remains one of the San Fernando Valley's most desirable rental markets.
- Proximity to the Metro Red Line, Fryman Canyon hiking trails, and Universal Studios enhances renter appeal, supporting long-term occupancy stability.
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 12334 Moorpark St, a four-unit apartment building located in the highly desirable 91604 zipcode of Studio City.
Exclusively Listed By