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Studio City, CA 91604 13018 Valleyheart Drive

$3,695,000

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Presented By: David Nalbandyan with LA Premier Realty; info@lapremierrealty.com
  • MLS# BB24026130
  • 02/06/2024
  • Request Tour
  • Request Info
  • BedBeds • 12
  • BathBaths • 3
  • FootageSQFT • 7,232
  • GarageGarage • 13

Home Details

Pleased to present a rare and unique opportunity to own an 11 Unit Value-Add property in the heart of Studio City, walking distance to the Shops at Sportsman's Lodge on Coldwater Blvd and the countless attractions, restaurants, bars, and cafes on Ventura Blvd. With over 36% percent upside in rents and significant capital already invested by Seller, this is an ideal opportunity for a Buyer seeking capital preservation and appreciation in a Class A location. The unit mix consists of Two - 2 Bedroom Units, Eight - 1 Bedroom Units, and One - Studio. Building is also settled on nearly a 10K lot with No Soft Story Retrofit required while offering an ADU opportunity for the next Buyer.
Presented By: David Nalbandyan with LA Premier Realty; info@lapremierrealty.com

Interior Features for 13018 Valleyheart Drive

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 13018 Valleyheart Drive

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityStudio City
Community FeaturesCurbs
CountyLos Angeles
Days on Market34
Directionsby coldwater and ventura
Electric Expense0.0
Entry Locationvalleyheart
Fuel Expense0.0
Garage Spaces13.0
Garage Y/NYes
Gross Income0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsConventional
Lot Size Square Feet9254.0
Lot Size UnitsSquareFeet
MLS AreaSTUD - Studio City
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
NumberOfUnitsTotal11
Operating Expense0.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot18
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1961
Year Built SourceAssessor
ZoningLAR3

Exterior for 13018 Valleyheart Drive

Building Area Total7232.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.2124
Lot Size Area9254.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking13.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,695,000
MLS#BB24026130
List Date 02/06/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors