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).
For sale
Price cut: $249K (6/2)
$2,750,000
4248 Whitsett Ave, Studio City, CA 91604
12beds
13baths
6,600sqft
Est.:
Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$417/sqft
$-- HOA
What's special
Serene tree-lined street
- 69 days
- on Zillow |
- 251 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: June 02, 2025 at 08:31am
Listed by:
Francis Tim Hyde DRE # 01731653 424-835-0727,
Compass,
Therese Hyde DRE # 01387864 424-257-0683,
Compass
Source: CLAW,MLS#: 25529371

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 13
Bathroom
- Features: Low Flow Toilet(s)
Kitchen
- Features: Formica Counters
Heating
- Forced Air
Cooling
- Air Conditioning, Electric
Appliances
- Included: Gas/Electric Range
- Laundry: Laundry Area
Features
- Flooring: Vinyl, Mixed
Interior area
- Total structure area: 6,600
- Total interior livable area: 6,600 sqft
Video & virtual tour
Property
Parking
- Total spaces: 13
- Parking features: Auto Driveway Gate, Assigned, Subterr Tandem, Garage Is Attached, Gated, Gated Underground, Secured
- Attached garage spaces: 13
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Walk Street
Lot
- Size: 6,072.26 Square Feet
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Flat
Condition
- Year built: 1984
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Studio City
Financial & listing details
- Price per square foot: $417/sqft
- Tax assessed value: $1,462,620
- Date on market: 4/24/2025
- Tenant pays: Electricity, Cable TV, Gas
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