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For sale
  • Price cut: $249K (6/2)
    $2,750,000

    4248 Whitsett Ave, Studio City, CA 91604

    12beds
    13baths
    6,600sqft
    : 
    Multi Family
    Built in 1984
    -- sqft lot
    $-- Zestimate®
    $417/sqft
    $-- HOA

    What's special

    Serene tree-lined street
    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).
    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#: 25529371MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4248 Whitsett Ave.

    Next available tour time:Today at 6pm

    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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