Home For Sale

Picture of Home For Sale in Studio City, California, United States

$3,500,000

12070 Woodbridge St
Studio City, California, United States

17bd 18ba

Listed By: Realtyww Info

Listed On: 06/02/2023

Listing ID: GL10295684 View More Details

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 and 1.5 Bath Town House Units, (2) Two bedroom and 1.75 Bath Units, (1) 1 bedroom and 1 bath Town House Unit, (6) 1 bedroom and 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.

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Listed by: Marcus Millichap