11469 MOORPARK ST, NORTH HOLLYWOOD CA 91602
- 9,330 sq.ft.
- 6,792 sq.ft. lot
Property Description
11469 Moorpark St is a charming boutique 6-unit apartment community located in the highly desirable neighborhood of Studio City. This is a rare offering of a 6-unit property with all townhome style units. Currently, the property is operating as an apartment building; however, it possesses a condominium map. This feature provides the future owner with the opportunity to sell off individual units, contingent upon completing the correct paperwork through the Department of Real Estate. The property features a unit mix of six three-bedroom, two-and-a-half-bathroom townhome style units with each unit averaging over 1,550 square feet. This is a rare offering in Studio City which is one of the lowest velocity submarkets in the entire San Fernando Valley. Ownership has done a good job of keeping rents near market but has left 20% upside for a new owner. Units feature large and spacious floorplans, in unit washer dryers and garaged parking
Listing Courtesy of Adam Feldman, Matthews Real Estate Investment Services
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