11159 11163 Sunshine Terrace Studio City, CA ^$ 1,650,000

11159 11163 Sunshine Terrace

^$ 1,650,000

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11159 11163 Sunshine Terrace

Studio City, CA, 91604

^$ 1,650,000

Bedrooms6 Baths5.0 Sq 3,590

Monthly Estimate*

^$ 11,526

Listed by Marcus & Millichap

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Multi-Family Home for sale in Studio City, CA

for $1,650,000 with 6 bedrooms and 5 full baths. This 3,590 square foot home was built in 1947 on a lot size of 0.2057.

INVESTMENT HIGHLIGHTS: Rare Offering Located South of the Boulevard in the Hills of Studio City; Corner Property with Expansive City Views; Three Separate Structures with Private Garages; Front Structure and the Rear Building each contain a Main House with Large Private Garden and Views; Peaceful Daytime Greenbelt Views; Sparkling Night time City Light Scenery; Residences are Extremely Bright with Multiple Windows and Sliding Glass Doors overlooking the City; All units Feature Private Yards, Individual Washers, Dryers, and Water Heaters; New Roof on Two Buildings; Copper Plumbing in Four Units; Front House is Gated and has beamed Ceilings, Formal Dining Room and a Fireplace; Rear House is Gated with Sliding Glass Doors opening up to a Large Private Garden; One Unit Delivered Vacant; No Seismic Retrofit Required; Very Low Operating Expenses; No Gas or Trash Bills, Low Water Charges.

Multi-Family Pending

Price

^$ 1,650,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2057

Year Built

1947

Town/City

Studio City

County/Region

Los Angeles

MLS | Web ID

24386557

Days on Market

Features

General

Heating WallFurnace

Cooling WallWindowUnits

Zoning LARD1.5

Year Built 1947

Stories 1

Levels One

Gross Income 110695.0

County Los Angeles

Net Operating Income 77157.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage Y

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions South of Ventura Blvd Off Fruitland Drive - Prime Studio City

City Studio City

View Y/N N

Senior Community Y/N N

Total Units 5

MLS Area STUD - Studio City

Lot Size Square Feet 8961.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Sunshine

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 15

Standard Status Pending

Cap Rate 4.68

Exterior

Total Parking 7.0

Lot Size Area 8961.0

Number of Buildings 3

Spa N

Building Area Total 3590.0

Lot Size Acres 0.2057

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Terrace

Total Bedrooms 6

Electric On Property Y/N N

Total Baths 5

Internal Only

Street Number 1 11159

* Excluded Features

List By

Marcus & Millichap

Broker

(818) 212-2752

Phone

Affordability Calculator

$11,526

Per Month

Monthly Principal & Interest: $11,526
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Studio City, CA

Average List Price ^$2,354,875

Percent of Sale Price 43%

About Studio City, CA

30,370 Population

14% Since 2002

^$101,659 Median Income

42.87 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$1,650,000		Listed Price

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11159 11163 Sunshine Terrace, Studio City, CA, 91604 is a Multi-Family Home for sale at $1,650,000 with 3,590 sqft and a lot size of 0.2057. 11159 11163 Sunshine Terrace has 6 bedrooms, 5.0 baths, and was built in 1947. The property's zip code is 91604 which is in Studio City, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/20/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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11159 11163 Sunshine Terrace

Multi-Family Home for sale in Studio City, CA

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