Sold
13018 Valleyheart DR
STUDIO CITY CA, 91604
$3,200,000
$442.48 per sqft
Sold
7,232 sqft
Condo
Built in 1961
Rare Opportunity to acquire an 11 Unit Apartment Building in Prime Studio City- Class "A" Location. Approx. 7,232 sf building and Approx. 9,246 sf land Zoned R-3 and Ideal for Investor or Developer. Also, has Great Potential for Condominium project. Close to Ventura Blvd and Coldwater Canyon, shopping, transportation and minutes to Los Angeles, Hollywood, Beverly Hills. Soft Story Retrofit recently completed. Has a great unit mix with 2-2 Bedrooms, 8-1 Bedroom's and 1-Single. Unit #5 2 bedroom to be vacant by Oct.1 and Unit #3 1 bedroom possibly to be vacant by 1/1/22. Built in 1961 this Rent Controlled Building also has a tremendous upside in rents. No pending evictions and all paying tenants and on month to month tenancy. Separate meters with tenants paying own utilities. Covered parking for 13 cars. Washer & dryer plus 11 refrigerators and stoves included. Sold AS-IS! Buyer to cooperate with Seller in a 1031 Tax Deferred Exchange at no cost to Buyer.
SR21187200CN
MLSⓇ ID
August 22, 2021
Listed
March 18, 2024
Updated
Map
13018 Valleyheart DR
STUDIO CITY CA, 91604
Interior Features
Total Stories
2
Appliances
Dryer, Gas Dryer Hookup, Refrigerator, Room, Washer
Laundry Description
Dryer, Gas Dryer Hookup, Room, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.21 Acres
Architectual Style
Contemporary
Roof
Asphalt, Flat
Sewer
Public Sewer
Other Property Details
Area Name
Studio City
Days on Market
9
Garage
Yes
Garage Spaces
2
Parking
Assigned, Driveway, On street
Parking Total
2
View
No
View Description
None
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LAR3
Listed by Mike Monteleone with Monteleone Real Estate,Inc
Listing Contact: 818-449-7004
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Peter & Cindy Lorimer shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 3/18/2024
