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Image 1 - Alley 81587, Los Angeles, CA 91604, USA - House for sale
Image 2 - Alley 81587, Los Angeles, CA 91604, USA - House for sale
Image 3 - Alley 81587, Los Angeles, CA 91604, USA - House for sale
Home For Sale In Studio City, California
Alley 81587, Los Angeles, CA 91604, USA

Home For Sale In Studio City, California

house for sale
Listed: 05/03/24

Alley 81587, Los Angeles, CA 91604, USA

7 Bed:
5 Bath:
4,391 Sq Ft Living Area:
Save
Price
$ 1,75M

About This House

This charming 5-unit apartment building is located at 11613 Moorpark Street, Los Angeles/Studio City area, CA 91602.Built in 1953, this building offers on-site laundry facilities. The unit mix is comprised of three 1bedroom/1bathroom and two 2bedroom/1bathroom units totaling approximately4, 391rentable square feet on approximately6, 000square feet of land zoned LAR3. The current ownership recently completed many renovations to the property such as new electrical panels, copper plumbing, tankless water heaters in all units, new sewer lines, and the soft story retrofit in 2019. All the costly deferred maintenance which has already been completed coupled with a great location and very little landlord expenses make this a fantastic opportunity for investors looking at prime locations in the San Fernando Valley. This …  Full description

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Studio City Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.