KW Commercial is pleased to present 11975 Laurelwood Drive, a 16-unit multifamily investment opportunity located in one of Studio City's premier rental neighborhoods. Built in 1962 and encompassing 15,856 SF of improvements on a 30,846 SF hillside parcel, the property features 16 oversized apartment units, all of which include large… Read More private balconies offering panoramic views of the Eastern San Fernando Valley, Laurel Canyon, and Ventura Boulevard. The asset is ideally positioned just blocks from two of Studio City's most influential economic and cultural hubs, CBS Radford Studio Center and the Ventura Place retail corridor, home to numerous cafes, restaurants, boutique retailers, Trader Joe's, and the highly regarded Carpenter Avenue School. This location provides residents with immediate access to a diverse collection of amenities, entertainment destinations, and employment centers. Historically, this submarket has delivered investors strong long-term rent growth, exceptional appreciation, and reliable value preservation. 11975 Laurelwood Drive offers an ideal mix of spacious, view-oriented units, including: Three (3) 3 Bedroom / 2 Bathroom units, Four (4) 2 Bedroom / 2 Bathroom units, Six (6) 2 Bedroom / 1 Bathroom units, and Four (4) 1 Bedroom / 1 Bathroom units. Many interiors feature open floor plans, stainless steel appliances, wood-style flooring, window blinds, ceiling fans, and wall A/C units. Due to its premium location and above-average unit sizes, the property consistently attracts a high-quality renter profile, as reflected by stable in-place income. Read Less
Courtesy of KW Commercial Studio City 818-432-1500
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Beds
31
Square Ft.
15,856
Lot Size
0.71 Acres
Year Built
1962
MLS Number
25631471
30 Days Snapshot Of 91604
$2.55M
-4%
(avg) sold price
6
-40%
homes sold
39
-45%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
15,856 sq ft, Built in 1962, Levels: Three Or More
Disclosures
As Is
Garage
Assigned, Uncovered, Covered Parking
Lot
LotAcreage: 0.7083, LotSizeArea: 30,855
Parking
TotalParking: 17
Property
NumberOfUnits: 16, Zoning: LAR3
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