4248 Whitsett Avenue, Studio City, CA 91604

  • $2,999,000
4248 Whitsett Avenue, Studio City, CA 91604
Active
4248 Whitsett Avenue, Studio City, CA 91604
4248 Whitsett Avenue, Studio City, CA 91604
  • $2,999,000

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).

  • Address 4248 Whitsett Avenue
  • City Studio City
  • State/county CA
  • Zip/Postal Code 91604
  • Country US

Details

Updated on May 1, 2025 at 1:03 pm
  • Property ID: 25529371
  • Price: $2,999,000
  • Property Size: 6600
  • Land Area: 0.1394 Acres
  • Bedrooms: 12
  • Bathrooms: 13
  • Garages: 13.0
  • Garage Size: x x
  • Year Built: 1984
  • Property Type: Residential Income
  • Property Status: Active

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  • Hoyt Hochman