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10831 Fruitland Dr
Studio City, CA 91604
36u | Studio City | Value Add | 5 Cap at Mkt · Multifamily Property For Sale
·
72 Units
Investment Highlights
- OPEN HOUSE: Tues., Feb. 15th from 11am-2pm
- First time on market in over 30 years; Owned & self-managed by owners; Value-Add opportunity; 5% At Market
- Townhouse style units on the 2nd and 3rd floors, separate dining areas (most units), wood-style plank flooring in main living areas, granite counters
- Prime Studio City “South of the Boulevard” location; steps to the shops and restaurants of the world-famous Ventura Boulevard
- Sparkling courtyard pool surrounded with lounge and BBQ area; bright and spacious entry lobby with elevator; lush trees and landscaping
- Walking distance to the Universal/Studio City Metro Red Line station; Minutes to Bob Hope Airport; Excellent freeway access
Property Facts
| No. Units | 72 | Building Size | 27,320 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.76/1,000 SF |
| Lot Size | 0.56 AC | ||
| Zoning | R3 | ||
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 27,320 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 1.76/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Ceiling Fans
- Granite Countertops
- High Speed Internet Access
- Grill
- Patio
Site Amenities
- Laundry Facilities
- Pool
- Property Manager on Site
- Gated
- Grill
- Elevator
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | 500 |
| 1+1 | 16 | - | 750 |
| 2+2 | 10 | - | 1,100 |
| 2+1 | 1 | - | 1,000 |
| Studios | 9 | - | 500 |
| 1+1 | 16 | - | 750 |
| 2+2 | 10 | - | 1,100 |
| 2+1 | 1 | - | 1,000 |
Property Taxes
| Parcel Number | 2378-004-017 | Improvements Assessment | $4,244,832 |
| Land Assessment | $7,534,576 | Total Assessment | $11,779,408 |
Property Taxes
Parcel Number
2378-004-017
Land Assessment
$7,534,576
Improvements Assessment
$4,244,832
Total Assessment
$11,779,408
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