$2,825,000
$3,500,000
19.3%For more information regarding the value of a property, please contact us for a free consultation.
17 Beds
18 Baths
10,821 SqFt
SOLD DATE : 08/17/2023
Key Details
Sold Price $2,825,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,821 sqft
Price per Sqft $261
MLS Listing ID 23275745
Sold Date 08/17/23
Bedrooms 17
HOA Y/N No
Year Built 1960
Lot Size 9,914 Sqft
Property Description
We are pleased to present 12070 Woodbridge, this 12-unit apartment building is located in the heart of Studio City and was built in 1960. The building is comprised of (3) Two bedroom & 1.5 Bath Town House Units, (2) Two bedroom & 1.75 Bath Units, (1) 1 bedroom & 1 bath Town House Unit, (6) 1 bedroom & 1 bath Units. The subject property with this ideal unit mix has been well maintained by long term owners, this is the first time the property has been on the market in 25+ years! This is a fantastic opportunity for an investor to acquire a very well-located Studio City multifamily property with significant upside potential as units turn.12070 Woodbridge is ideally located close to all the amenities that Studio City has to offer, including sought-after restaurants, shops, and entertainment. The building is in close proximity to trendy Ventura Boulevard and conveniently located near the 101 freeway. Additionally, the subject property is located in the world famous, "Media District", which is home to some of the largest media and entertainment employers in the world.
Location
State CA
County Los Angeles
Area Stud - Studio City
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Covered
Total Parking Spaces 11
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 2368015034
Special Listing Condition Standard
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Bought with Brett Sanson • Marcus & Millichap
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”