12918 Valleyheart Drive Studio City, CA $ 3,990,000
12918 Valleyheart Drive
$ 3,990,000
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12918 Valleyheart Drive

Studio City, CA, 91604
$ 3,990,000
Bedrooms18 Baths12.0 Sq 9,944

Monthly Estimate*

$ 26,519

Listed by Miller & Desatnik Realty Co.
12918 Valleyheart Drive, Studio City, CA 91604 - Image 1

Multi-Family Home for sale in Studio City, CA

for $3,990,000 with 18 bedrooms and 12 full baths. This 9,944 square foot home was built in 1954 on a lot size of 0.4013.

12918 & 12924 Valleyheart Dr. is a terrific 12 unit property consisting of two side by side 6 unit apartment buildings located in the heart of Studio City, one of the most sought after locations in the San Fernando valley. Built in 1954, the properties have an excellent mix of units consisting of 6 -One Bed + One Bath Units and 6 - Two Bed + One Bath Units. These charming units are equipped with amenities including wall air conditioning, balconies, covered/gated parking, and secured entry. The buildings are located on a beautiful tree lined street across from the Valleyheart Riverwalk. Tenants can enjoy close access to a variety of upscale shops, markets, and exercise facilities located at the nearby Shops at Sportsmen's Lodge. Property is being sold along with 12914 Valleyheart Drive + 12934 Valleyheart. Buildings may be purchased separately or all together. This is a rare opportunity for an investor to purchase a value-add income property in a great Studio City location.

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Multi-Family Active

Price

$ 3,990,000

Bedrooms

18

Full Bath

12

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4013

Year Built

1954

Town/City

Studio City

County/Region

Los Angeles

MLS | Web ID

24391251

Days on Market

28

Features
General
Heating WallFurnace
Appliances Refrigerator
Zoning LAR3
Year Built 1954
Stories 2
Levels Two
Gross Income 261996.0
County Los Angeles
Net Operating Income 135900.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions 1 block North of Ventura Blvd. & 1/2 block West of Coldwater Canyon Ave.
City Studio City
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 12
MLS Area STUD - Studio City
Lot Size Units SquareFeet
Lot Size Square Feet 17480.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Valleyheart
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 8
Standard Status Active
Year Built Source Assessor
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Exterior
Parking Features Covered Gated
Total Parking 12.0
Lot Size Area 17480.0
Number of Buildings 2
Spa N
Building Area Total 9944.0
Street Suffix Drive
Lot Size Acres 0.4013
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 18
Electric On Property Y/N N
Total Baths 12
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Internal Only
Street Number 1 12918
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* Excluded Features
List By
Miller & Desatnik Realty Co.

Broker

(310) 202-9166

Phone

Affordability Calculator

$26,519
Per Month
100%
0%
0%
Monthly Principal & Interest
$26,519
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$3,990,000 Listed Price

Map


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12918 Valleyheart Drive, Studio City, CA, 91604 is a Multi-Family Home for sale at $3,990,000 with 9,944 sqft and a lot size of 0.4013. 12918 Valleyheart Drive has 18 bedrooms, 12.0 baths, and was built in 1954. The property's zip code is 91604 which is in Studio City, CA