11975 Laurelwood Dr new

Studio City,CA 91604

$ 6200000

31 Beds

22 Baths

15856 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,856 sqft

Price per Sqft $391

MLS Listing ID 25553051

Bedrooms 31

Year Built 1962

Lot Size 0.708 Acres

Acres 0.7083

Property Sub-Type Multi-Family

Property Description

11975 Laurelwood presents the unique opportunity to acquire a quintessential value-add property in one of the strongest rental locations in Los Angeles. Perched at the top of a hill with panoramic views of the entire San Fernando Valley, each unit has a terrific floor plan and offers an abundance of natural light. The property boasts an ideal unit mix for the area, consisting of all large three-bedroom three bath, two-bedroom two bath, two-bedroom one bath, and some one-bedroom one bath units. Other property features include a large pool and a pool room that can be converted to an ADU (Buyer to Verify), a well-landscaped facade, a charming sitting area, an on-site laundry room, and ample on-site parking, which is exempt from soft-story retrofit (Buyer to verify). Close to some of the entire Valley's best dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and acquire a premier turnkey asset in one of the best rental locations of Studio City.

Location

State CA

County Los Angeles

Area Studio City

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning, Wall Unit(s)

Equipment None

Laundry Laundry Area, In Unit

Exterior

Parking Features Assigned, Carport Attached

Garage Spaces 10.0

Pool In Ground

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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