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11993 Laurelwood Dr
Studio City, CA 91604
Laurelwood Apartments · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Excellent Location - Situated in Studio City South of Ventura Boulevard
- Favorable Unit Mix - (7) one-bedroom/one-bathroom units, (2) two-bedroom/two-bathroom units, and (1) two-bedroom/two-bathroom/den unit
- First time on the market in 15+ years
- Value-Add Opportunity - Approximately 33% rental upside by virtue of implementing a renovation program to the property’s exterior, unit interiors
- High Barrier to Entry Market – Very Rare Opportunity
- Close proximity to Trendy Retail Shopping, Restaurants, Cafes, Grocery Stores and Entertainment Options Along Ventura Blvd with a Walk Score of 88
Property Facts
| No. Units | 10 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 8,906 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | ||
| Zoning | R3, Los Angeles | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 8,906 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Zoning | R3, Los Angeles |
Property Taxes
| Parcel Number | 2369-017-006 | Improvements Assessment | $1,087,247 |
| Land Assessment | $1,115,128 | Total Assessment | $2,202,375 |
Property Taxes
Parcel Number
2369-017-006
Land Assessment
$1,115,128
Improvements Assessment
$1,087,247
Total Assessment
$2,202,375
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