Studio City (los Angeles), CA 91604,12070 Woodbridge Street

$2,825,000

Est. payment /mo

$3,500,000

19.3%
Est.Price: ?

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12070 Woodbridge Street Studio City (los Angeles), CA 91604

10,821 SqFt

SOLD DATE : 08/17/2023

Key Details

Sold Price $2,825,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 10,821 sqft

Price per Sqft $261

MLS Listing ID CL23275745

Sold Date 08/17/23

HOA Y/N No

Year Built 1960

Lot Size 9,916 Sqft

Acres 0.23

Property Description

We are pleased to present 12070 Woodbridge, this 12-unit apartment building is located in the heart of Studio City and was built in 1960. The building is comprised of (3) Two bedroom & 1.5 Bath Town House Units, (2) Two bedroom & 1.75 Bath Units, (1) 1 bedroom & 1 bath Town House Unit, (6) 1 bedroom & 1 bath Units. The subject property with this ideal unit mix has been well maintained by long term owners, this is the first time the property has been on the market in 25+ years! This is a fantastic opportunity for an investor to acquire a very well-located Studio City multifamily property with significant upside potential as units turn.12070 Woodbridge is ideally located close to all the amenities that Studio City has to offer, including sought-after restaurants, shops, and entertainment. The building is in close proximity to trendy Ventura Boulevard and conveniently located near the 101 freeway. Additionally, the subject property is located in the world famous, "Media District", which is home to some of the largest media and entertainment employers in the world.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 2368015034

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Bridge MLS
Listed by Jeffrey Louks • Marcus & Millichap
Bought with BrettSanson
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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