4248 Whitsett AVStudio City, CA 91604
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).
- Property Type:
Residential Income
- Architectural Style:
- Bedrooms:
12
- Bathrooms:
13
- Dwelling Size:
6,600 SqFt
- Lot Size:
0.14 Acres
- Lot Description:
- Stories:
- Year Built:
1984
- Interior Features:
- Exterior Features:
- Parking:
Attached Garage
Garage or Parking Spaces: 13
Features: Gated, Assigned, Auto Driveway Gate, Controlled Entrance
- Area:
STUD - Studio City
- Views:
- Schools:
- HOA:
- Senior Community:
False
- Heating:
Forced Air
- Cooling:
Electric
- Appliances:
Gas Range
- Fireplace:
Fireplace(s):
Features:
- Accessibility:
- Security Features:
- Foundation:
- Roof: