13000 Valleyheart Drive
Los Angeles, CA, 91604 $ 7,999,999
Bedrooms34 Baths3.0 Sq 15,080 Monthly Estimate*
$ 50,513
Listed by REMAX COMMERCIAL & INVESTMENT REALTY
for $7,999,999 with 34 bedrooms and 3 full baths. This 15,080 square foot home was built in 1956 on a lot size of 0.4732.
Rare opportunity to acquire a 25-unit multifamily community in prime Studio City, just half a block from the Ventura Boulevard corridor. 13000 Valleyheart Drive spans approximately 15,086 SF on a generous 20,611 SF LAR3 lot, featuring a well-balanced mix of studio, one-bedroom, and two-bedroom floor plans that appeal to entertainment professionals, families, and commuters alike. The current ownership has meticulously improved the property with major capital upgrades: a full roof replacement (2025), pool re-plastering (2025), new electrical panels and breakers (2026), upgraded electrical in all units (2022), and mostly copper plumbing throughout. The majority of units have been thoughtfully renovated with elegant new cabinetry, quartz countertops, stainless steel appliances, and upgraded tile and laminate wood flooring. Residents enjoy a sparkling swimming pool, on-site laundry, secure access, and on-site parking, plus a quiet, tree-lined street with direct access to the serene North Valleyheart Riverwalk a 1.5-mile car-free pathway along the LA River. Steps from Erewhon, Equinox, Sugarfish, Shake Shack, and the full Ventura Boulevard dining and retail scene, with Radford Studio Center, Universal, Warner Bros., and NBCUniversal minutes away. The offering presents a 22.4% rent upside at market rents and a massive 47.7% upside potential through possible ADU development of the rear parking area (buyer to verify). Surrounded by transformative nearby developments including Riverwalk at Studio City (814 units + 76,000 SF commercial), the Harvard-Westlake Riverpark Campus (opening fall 2026), and the Radford Studio Center expansion, this is an outstanding opportunity to acquire a renovated, income-producing asset with multiple paths to value creation in one of Los Angeles' most sought-after submarkets.
See more
FeaturesGeneralLiving Area 15080
Heating Wall Furnace
Zoning LAR3
Security Features Key Card Entry
Year Built 1956
Stories Count 2
Levels Two
Gross Income 663983
County Los Angeles
Net Operating Income 433802
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Ventura Blvd West of Coldwater Canyon Ave
City Los Angeles
Senior Community Y/N false
Open Parking Spaces 30
Number Of Units Total 25
MLS Area STUD - Studio City
Lot Size Units Square Feet
Lot Size Square Feet 20611
Standard Status Active
Cap Rate 5.42
See more
InteriorTotal Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 34
Total Baths 25
See more
ExteriorParking Features Private
Total Parking 30
Lot Size Area 20611
Number of Buildings 1
Building Area Total 15080
Lot Size Acres 0.4732
See more
* Excluded FeaturesList ByRemax Commercial & Investment RealtyBroker
jake@taksainvestment.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $50,513
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,838,648
Percent of Sale Price 77%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/17/2026 | $7,999,999 | | Listed Price |