12070 Woodbridge St. presents investors with the opportunity to acquire a 12-unit apartment building located in the core of Studio City, one of Los Angeles' most consistently high-demand rental submarkets. Properties in this location are rarely available, especially those with over 30% renovated units and still significant upside in the… Read More other units. Strategically positioned just north of Ventura Boulevard, the property benefits from immediate proximity to Studio City's premier dining, retail, and lifestyle amenities. The area draws a stable, high-quality tenant base of entertainment professionals, young creatives, executives, and longterm residents seeking the neighborhood's blend of walkability, safety, and convenience. Studio City consistently ranks among the highest-earning submarkets in the Valley, supporting premium rents and reduced turnover.The asset also offers rapid access to the 101 Freeway, connecting tenants to major employment hubs including Hollywood, Burbank, Universal City, and the broader San Fernando Valley within minutes. This connectivity continues to support low vacancy rates and strong long-term rent growth in the submarket.12070 Woodbridge St. represents an exceptional opportunity to acquire a well-located, professionally maintained multifamily asset with measurable upside in one of Los Angeles' most resilient and supply-constrained rental markets. Its Studio City address, tenant-demand fundamentals, and clear value-add potential make it ideal for investors seeking both stability and growth Read Less
Courtesy of Marcus & Millichap 818-212-2700
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
17
Square Ft.
10,821
Lot Size
0.23 Acres
Year Built
1960
MLS Number
26634635
30 Days Snapshot Of 91604
$2.67M
+1%
(avg) sold price
4
-63%
homes sold
38
-44%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Microwave, Range/Oven
Building
10,821 sq ft, Built in 1960, Levels: Two
Cooling
Wall/Window
Disclosures
None
Garage
Assigned
Heating
Wall
Lot
LotAcreage: 0.2277, LotSizeArea: 9,919
Parking
TotalParking: 11
Pool
PoolYN: True, In Ground
Property
NumberOfUnits: 12, Zoning: LAR3
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