12934 Valleyheart Drive Studio City, CA ^$ 2,975,000

12934 Valleyheart Drive

^$ 2,975,000

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Recently Listed

12934 Valleyheart Drive

Studio City, CA, 91604

^$ 2,975,000

Bedrooms12 Baths8.0 Sq 6,469

Monthly Estimate*

^$ 19,773

Listed by Miller & Desatnik Realty Co.

12934 Valleyheart Drive, Studio City, CA 91604 - Image 1

Multi-Family Home for sale in Studio City, CA

for $2,975,000 with 12 bedrooms and 8 full baths. This 6,469 square foot home was built in 1954 on a lot size of 0.2614.

12934 Valleyheart Dr. is an 8 unit apartment building located in the heart of Studio City, one of the most sought after locations in the San Fernando Valley. Constructed in 1954, the building has an excellent mix of units consisting of 4 - One Bed + One Bath Units and 4 - Two Bed + One Bath Units. These charming units are equipped with amenities including wall air conditioning, balconies, covered/gated parking, and secured entry. The building is located on a beautiful, tree lined street across from the Valleyheart Riverwalk. Tenants can enjoy close access to a variety of upscale shops, markets, and exercise facilities located at the nearby Shops at Sportsmen's Lodge. The building is being sold with 12914 Valleyheart Dr. & 12918-12924 Valleyheart Dr. Buildings may be purchased together or separately. This is a rare opportunity for an investor to purchase a value-add income property in a great Studio City location.

Multi-Family Active

Price

^$ 2,975,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2614

Year Built

1954

Town/City

Studio City

County/Region

Los Angeles

MLS | Web ID

24391213

Days on Market

Features

General

Heating WallFurnace

Zoning LAR3

Year Built 1954

Stories 2

Levels Two

Gross Income 207168.0

County Los Angeles

Net Operating Income 119741.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 1 block North of Ventura Blvd. & 1/2 block West of Coldwater Canyon Ave.

City Studio City

View Y/N N

Senior Community Y/N N

Total Units 8

MLS Area STUD - Studio City

Lot Size Square Feet 11388.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Valleyheart

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Year Built Source Assessor

Exterior

Parking Features Covered Gated

Total Parking 8.0

Lot Size Area 11388.0

Number of Buildings 1

Spa N

Building Area Total 6469.0

Lot Size Acres 0.2614

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Drive

Total Bedrooms 12

Electric On Property Y/N N

Total Baths 8

Internal Only

Street Number 1 12934

* Excluded Features

List By

Miller & Desatnik Realty Co.

Broker

(310) 202-9166

Phone

Affordability Calculator

$19,773

Per Month

Monthly Principal & Interest: $19,773
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Studio City, CA

Average List Price ^$2,354,875

Percent of Sale Price 21%

About Studio City, CA

30,370 Population

14% Since 2002

^$101,659 Median Income

42.87 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2024	$2,975,000		Listed Price

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12934 Valleyheart Drive, Studio City, CA, 91604 is a Multi-Family Home for sale at $2,975,000 with 6,469 sqft and a lot size of 0.2614. 12934 Valleyheart Drive has 12 bedrooms, 8.0 baths, and was built in 1954. The property's zip code is 91604 which is in Studio City, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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12934 Valleyheart Drive

Multi-Family Home for sale in Studio City, CA

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