4248 Whitsett Avenue, Studio City, CA 91604 (MLS # 25529371)
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Prime 7-Unit Investment Opportunity in Studio CityLocated on a serene, tree-lined street just steps from vibrant Ventura Boulevard, this well-maintained 7-unit apartment building offers exceptional upside in one of Studio City's most desirable neighborhoods. Built in 1984 and not subject to rent control, this rare find features a strong unit mix: five spacious 2-bedroom units and two charming 1-bedroom units perfect for attracting long-term tenants or converting to condominiums (buyer to verify).The building generates an approximate gross annual income of $204,000, with room for increased rents and future value-add potential. With 13 gated parking spaces, secure entry, and a premium South of Moorpark location, it's an attractive choice for both investors and owner-users. Consider using one unit as your private office while collecting passive income from the rest.Nestled near multi-million dollar homes, boutique shops, and top-rated dining, this property is a short walk to the iconic Sportsman's Lodge development, the new Harvard-Westlake athletic complex, Erewhon, and countless lifestyle amenities.Don't miss this rare opportunity to own a low-maintenance, high-demand asset in one of LA's strongest rental markets. (property will be delivered with 2 vacant units).
| DAYS ON MARKET | 45 | LAST UPDATED | 6/2/2025 |
|---|---|---|---|
| YEAR BUILT | 1984 | COMMUNITY | STUD - Studio City |
| GARAGE SPACES | 13.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Jun 2, '25 | $2,999,000 |
|---|---|
| Jun 2, '25 - Today | $2,750,000 |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Range |
| AREA | STUD - Studio City |
| CONSTRUCTION | Stucco |
| GARAGE | Attached Garage, Yes |
| HEAT | Forced Air |
| LOT | 6072 sq ft |
| PARKING | Attached, Assigned, Electric Gate, Gated |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| VIEW | Yes |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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