Amazing assemblage of 3 parcels on Moorpark. Currently, the property has (1) 5 unit apartment building consisting of (2) 2/1 and (3) 1/1 on the parcel to the east. The two parcels to the west consist of various single story bungalow style apartments. There are (2) 2/1 and (7) 1/1's on the remaining 2 parcels. The City has these 3 parcels as already having 7 independent site address. The property is well maintained and has been virtually 100% occupied throughout the years. It has a classic 1950's feel with most all units having real hardwood floors and top notch appointments. Every unit is very nice inside and extremely well maintained. Each unit has it's own tankless water heater and majority of copper plumbing This is a low density property located on prime R3 land. It is on the corner of Moorpark and Troost with alley access. There are 11 enclosed garages that are dedicated to various tenants include in their tenancy. Tons of opportunity to collect rents while getting entitlements or profit from a future upside in rents.
Listing provided courtesy of
, Eric McLeod
Additional Property Details
Named for the studio lot that later became CBS Studio Center, Studio City has transcended its early moviemaking roots to become a quietly hip community that offers all the charms of small town life with easy access to all the city offers.
Real Estate: Studio City real estate for sale includes both single family homes and condos and apartments for rent and sale. Ranch, traditional, and mid-century modern homes are prevalent in the area. There are several large apartment communities in the area including Archstone and Avalon.
Community Life: Ventura Boulevard offers retail shops, gastro pubs, and trendy cafes. Thrift shops and indie boutiques abound and “sushi row” offers some of the best sushi options in the Valley. The Studio City Farmers’ market is held every Sunday from 8:00 a.m. to 1:00 p.m. Fryman Canyon Park is a 122 acre park with spectacular views, a fitness course and access to a mountain trail that connects with other parks. The park offers year-round springs and wooded canyons happily traversed by hikers.
Education: Studio City is served by the Los Angeles Unified School District. Local public schools include Walter Reed Middle School and Rio Vista Elementary School. There are many private schools in the area including Harvard-Westlake School, Campbell Hall School, Bridges Academy, Oakwood Elementary, and Morning Star Christian Academy.
Transportation: Studio City is most easily accessed by the 101 Freeway. The DASH line runs through Van Nuys/Studio City for commuters.
Local Attractions: The Studio City Walk of Fame along Ventura Boulevard features tiles honoring Republic Studios and the many stars who starred in its productions. The historic Sportsmen’s Lodge dates back to before the film industry but played host to many celebrities during Hollywood’s golden era and has six acres of gardens and water features. The home from the popular “Brady Bunch” television series is located in the area.
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