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13000 Moorpark Street

Studio City, CA 91604
  • $2,995,000
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: SR22104468
$2,995,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Ratings & Info

Description

We are proud to announce that we have been selected as the exclusive marketing agent for the Moorpark Street apartments located at 13000 Moorpark Street in the highly desirable area of Studio City, California. Being brought to market for the first time ever and being offered by the family of the original owner/developer.The Moorpark Street apartments is a two story, wood frame and stucco multifamily property built in 1966, per assessor, featuring a flat, built-up roof on a 7,152 square foot (per assessor) lot, zoned LAR3.There are seven units with an excellent mix. 1: Studio+1, 1: 1+1, 1: 2+1, 3: 2+2, and 1: 3+2 apartments with standard appointments including gas range and oven, garbage disposals, gas wall heaters, window air conditioners, fiberglass tub/showers. Conservative estimate of over 38% upside in the rents. Moorpark apartments is rated as Very Walkable (82), and Bikeable (60).There are two covered, tuck under parking spaces in the front and two in the rear with an additional three uncovered spaces in the front and two in the rear for a total of 9 spaces. The drive is concrete and the drives, walkways and interior stairwells are lighted. Gas and electric are separately metered. Water is master metered. There is a laundry room that produces, per seller, approximately $100 in income per month. There is very low historical vacancy, and the property has been very well maintained with no notable deferred maintenance. The seismic gas shut off valves have been installed and the earthquake retrofitting has been completed.

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Based on information from CRISNet MLS as of 2022-07-05T23:56:32.23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-07-05T23:56:32.23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchhomesincalifornia.com/homes/128820318
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13000 Moorpark Street Studio City, CA 91604

  • Price: $2,995,000
  • Status: Active
  • On Site: 49 Days
  • ID#: SR22104468
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1966
Built
Neighborhood:
Stud - Studio City
County:
Los Angeles
Area:
Stud - Studio City
Property Description
We are proud to announce that we have been selected as the exclusive marketing agent for the Moorpark Street apartments located at 13000 Moorpark Street in the highly desirable area of Studio City, California. Being brought to market for the first time ever and being offered by the family of the original owner/developer.The Moorpark Street apartments is a two story, wood frame and stucco multifamily property built in 1966, per assessor, featuring a flat, built-up roof on a 7,152 square foot (per assessor) lot, zoned LAR3.There are seven units with an excellent mix. 1: Studio+1, 1: 1+1, 1: 2+1, 3: 2+2, and 1: 3+2 apartments with standard appointments including gas range and oven, garbage disposals, gas wall heaters, window air conditioners, fiberglass tub/showers. Conservative estimate of over 38% upside in the rents. Moorpark apartments is rated as Very Walkable (82), and Bikeable (60).There are two covered, tuck under parking spaces in the front and two in the rear with an additional three uncovered spaces in the front and two in the rear for a total of 9 spaces. The drive is concrete and the drives, walkways and interior stairwells are lighted. Gas and electric are separately metered. Water is master metered. There is a laundry room that produces, per seller, approximately $100 in income per month. There is very low historical vacancy, and the property has been very well maintained with no notable deferred maintenance. The seismic gas shut off valves have been installed and the earthquake retrofitting has been completed.
Exterior Features

Carport Spaces 4.00 Lot Features 6-10 Units/Acre Lot Size Area 7152.0000 Parking Total 9.00 Uncovered Spaces 5.00

Interior Features

Common Walls No Common Walls Laundry Features Common Area Laundry YN Yes

Property Features

Additional Parcels YN No Community Features Curbs Land Lease YN No New Construction YN No Pool Features None Pool Private YN No Property Attached YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Water Source Public Zoning Lar3

Listing provided courtesy of Braemon Hanes, CA DRE# 01230427, of Hanes Investment Rlty.


Based on information from CRISNet MLS as of 2022-07-05T23:56:32.23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-07-05T23:56:32.23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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