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All Townhomes | $261 FT | 10.9 GRM | 6% CAP | 11607 Acama St 12 Unit Apartment Building $4,195,000 ($349,583/Unit) 6% Cap Rate Studio City, CA 91604



Investment Highlights
- Prime Studio City Location - One of San Fernando Valleys most coveted and supply-constrained rental markets
- Unit Amenitites - 2 parking spaces, Patio or Balcony, all bedrooms upstairs, and Community Laundry
- Stable, Long-Term Ownership - Generational asset offered for sale for the first time in years, rearely avilable in this submarket
- All Townhome Layouts - 100% two-story (2B) and (3B) residences delivering a distinctive luxury living experience
- Oversized Corner Lot Setting - Surrounded primarily by luxury single family homes, creating a quiet neighborhood feel
- Compelling Investment Fundamentals - High rental demand, value add opportunity, and attractive in place CAP rate, GRM, and Cost Per Foot
Executive Summary
PROPERTY OVERVIEW
Jared Levine of JML Real Estate Group / KW Commercial, the exclusive listing agent, is pleased to present Acama Townhomes, a generational 12-unit multifamily townhome building located in the heart of Studio City — one of the San Fernando Valley’s most coveted and supply-constrained rental markets. Built in 1971, the property sits on an oversized 15,173 SF corner lot with a massive 16,048 SF building footprint, zoned LARD 1.5. Acama Townhomes features an exceptional layout comprised entirely of two-story townhome-style residences, offering spacious two- and three-bedroom floorplans with all bedrooms upstairs — a highly desirable design that delivers a distinctive living experience and functionality. Each unit includes two parking spaces and either a private balcony or patio. Surrounded primarily by single-family homes and characterized by a unique wood façade that provides charming East Coast character, this captivation and generational asset presents investors with a rare opportunity to acquire a legacy property in one of the most stable and high-demand neighborhoods in the San Fernando Valley.
THE OPPORTUNITY
Acama Townhomes presents a compelling value-add investment with potential upside through selective interior renovations and exterior modernization. The large townhome layouts, strong in-place tenancy, and premier location create an ideal foundation for potential income growth and long-term appreciation. Additional features include secure building access, an on-site laundry room, and ample parking with two spaces per unit — amenities that continue to attract and retain quality tenants. Long-term ownership further enhances the offering, as these generational Studio City assets rarely trade. With strong renter demand, attractive CAP rate and GRM metrics, and highly competitive cost per foot pricing, Acama Townhomes provides investors with both stability and upside in one of the Valley’s top-performing submarkets.
THE LOCATION
Strategically located in prime Studio City near Ventura Boulevard’s vibrant mix of cafes, boutiques, and dining, the property benefits from immediate access to lifestyle amenities and everyday conveniences. Residents enjoy proximity to major studios, employment centers, and highly regarded schools, making the area especially attractive to families and working professionals. Easy access to 101 and 134 Freeways ensures seamless connectivity throughout the Valley and Greater Los Angeles, reinforcing the property’s long-term desirability and consistent rental demand.
Jared Levine of JML Real Estate Group / KW Commercial, the exclusive listing agent, is pleased to present Acama Townhomes, a generational 12-unit multifamily townhome building located in the heart of Studio City — one of the San Fernando Valley’s most coveted and supply-constrained rental markets. Built in 1971, the property sits on an oversized 15,173 SF corner lot with a massive 16,048 SF building footprint, zoned LARD 1.5. Acama Townhomes features an exceptional layout comprised entirely of two-story townhome-style residences, offering spacious two- and three-bedroom floorplans with all bedrooms upstairs — a highly desirable design that delivers a distinctive living experience and functionality. Each unit includes two parking spaces and either a private balcony or patio. Surrounded primarily by single-family homes and characterized by a unique wood façade that provides charming East Coast character, this captivation and generational asset presents investors with a rare opportunity to acquire a legacy property in one of the most stable and high-demand neighborhoods in the San Fernando Valley.
THE OPPORTUNITY
Acama Townhomes presents a compelling value-add investment with potential upside through selective interior renovations and exterior modernization. The large townhome layouts, strong in-place tenancy, and premier location create an ideal foundation for potential income growth and long-term appreciation. Additional features include secure building access, an on-site laundry room, and ample parking with two spaces per unit — amenities that continue to attract and retain quality tenants. Long-term ownership further enhances the offering, as these generational Studio City assets rarely trade. With strong renter demand, attractive CAP rate and GRM metrics, and highly competitive cost per foot pricing, Acama Townhomes provides investors with both stability and upside in one of the Valley’s top-performing submarkets.
THE LOCATION
Strategically located in prime Studio City near Ventura Boulevard’s vibrant mix of cafes, boutiques, and dining, the property benefits from immediate access to lifestyle amenities and everyday conveniences. Residents enjoy proximity to major studios, employment centers, and highly regarded schools, making the area especially attractive to families and working professionals. Easy access to 101 and 134 Freeways ensures seamless connectivity throughout the Valley and Greater Los Angeles, reinforcing the property’s long-term desirability and consistent rental demand.
Property Facts
| Price | $4,195,000 | Apartment Style | Low-Rise |
| Price Per Unit | $349,583 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 6% | Building Size | 16,048 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 10.9 | No. Stories | 2 |
| No. Units | 12 | Year Built | 1971 |
| Property Type | Multifamily | Parking Ratio | 1.43/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LARD1.5 - Restricted Density Multiple | ||
| Price | $4,195,000 |
| Price Per Unit | $349,583 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 10.9 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 16,048 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 1 |
| 3+2.5 | 4 | - | 1 |
1 1
Walk Score®
Very Walkable (72)
Property Taxes
| Parcel Number | 2368-014-024 | Improvements Assessment | $913,704 |
| Land Assessment | $609,122 | Total Assessment | $1,522,826 |
Property Taxes
Parcel Number
2368-014-024
Land Assessment
$609,122
Improvements Assessment
$913,704
Total Assessment
$1,522,826
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All Townhomes | $261 FT | 10.9 GRM | 6% CAP | | 11607 Acama St
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