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12334 Moorpark St 4 Unit Apartment Building $1,795,000 ($448,750/Unit) 4.60% Cap Rate Studio City, CA 91604
INVESTMENT HIGHLIGHTS
- Attractive Unit Mix: The property consists of 4 spacious units totaling 6 bedrooms and 4 bathrooms.
- Modern Comforts: Units are equipped with central air conditioning and heating
- Tenant Demand Drivers: Proximity to the Metro Red Line, Fryman Canyon hiking trails, and Universal Studios
- Prime Studio City Location: Situated just off Ventura Boulevard, the property offers walkable access to charming Tujunga Village
- Ample Parking: Includes 3 total parking spaces and a combination driveway
EXECUTIVE SUMMARY
12334 Moorpark St presents an exceptional opportunity to acquire a well-maintained, four-unit multifamily property in the heart of Studio City—one of the most desirable rental markets in Los Angeles. Built in 1951, this charming mid-century, garden-style building sits on a 7,004 SF lot and features 3,008 SF of rentable space across four spacious one-bedroom units, including two with dens.
Each unit offers updated interiors with central air and heat, private outdoor space, and on-site parking. With two units currently vacant, the property provides immediate leasing upside and excellent potential for value-add investors seeking to reposition and capture market rents.
Ideally located just off Ventura Boulevard, residents enjoy walkable access to Tujunga Village, boutique shops, dining, and entertainment, with close proximity to major employment centers, Fryman Canyon, and the 101 Freeway. This is a rare opportunity to own a stabilized asset with strong upside in one of the Valley’s most sought-after neighborhoods.
Each unit offers updated interiors with central air and heat, private outdoor space, and on-site parking. With two units currently vacant, the property provides immediate leasing upside and excellent potential for value-add investors seeking to reposition and capture market rents.
Ideally located just off Ventura Boulevard, residents enjoy walkable access to Tujunga Village, boutique shops, dining, and entertainment, with close proximity to major employment centers, Fryman Canyon, and the 101 Freeway. This is a rare opportunity to own a stabilized asset with strong upside in one of the Valley’s most sought-after neighborhoods.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,795,000 | Apartment Style | Low-Rise |
| Price Per Unit | $448,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 4.60% | Building Size | 3,008 SF |
| Gross Rent Multiplier | 15.14 | Average Occupancy | 50% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1951 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Zoning | LAR3 - high density residential | ||
| Price | $1,795,000 |
| Price Per Unit | $448,750 |
| Sale Type | Investment |
| Cap Rate | 4.60% |
| Gross Rent Multiplier | 15.14 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,008 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1951 |
| Parking Ratio | 1/1,000 SF |
| Zoning | LAR3 - high density residential |
AMENITIES
UNIT AMENITIES
- Kitchen
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $2,217 | 600 - 850 |
1 1
Walk Score®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 2367-002-003 | Improvements Assessment | $541,216 (2025) |
| Land Assessment | $1,190,674 (2025) | Total Assessment | $1,731,890 (2025) |
PROPERTY TAXES
Parcel Number
2367-002-003
Land Assessment
$1,190,674 (2025)
Improvements Assessment
$541,216 (2025)
Total Assessment
$1,731,890 (2025)
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12334 Moorpark St
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