Studio City, CA 91604 12934 Valleyheart Drive

Presented By: Gary Fox with Miller & Desatnik Realty Co.;
  • MLS# 24391213
  • 05/13/2024
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  • Beds • 12
  • Baths • 8
  • SQFT • 6,469

Home Details

MAJOR PRICE REDUCTION!- Price reduced $200,000. 12934 Valleyheart Dr. is an 8 unit apartment building located in the heart of Studio City, one of the most sought after locations in the San Fernando Valley. Constructed in 1954, the building has an excellent mix of units consisting of 4 - One Bed + One Bath Units and 4 - Two Bed + One Bath Units. These charming units are equipped with amenities including wall air conditioning, balconies, covered/gated parking, and secured entry. The building is located on a beautiful, tree lined street across from the Valleyheart Riverwalk. Tenants can enjoy close access to a variety of upscale shops, markets, and exercise facilities located at the nearby Shops at Sportsmen's Lodge. The building is being sold with 12914 Valleyheart Dr. & 12918-12924 Valleyheart Dr. Buildings may be purchased together or separately. This is a rare opportunity for an investor to purchase a value-add income property in a great Studio City location.
Presented By: Gary Fox with Miller & Desatnik Realty Co.;

Interior Features for 12934 Valleyheart Drive

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths8

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 12934 Valleyheart Drive

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityStudio City
CountyLos Angeles
Days on Market92
Directions1 block North of Ventura Blvd. & 1/2 block West of Coldwater Canyon Ave.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income207168.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet11388.0
Lot Size UnitsSquareFeet
MLS AreaSTUD - Studio City
MobileHomeRemainsYNNo
Net Operating Income119741.0
New ConstructionNo
NumberOfUnitsTotal8
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1954
Year Built SourceAssessor
ZoningLAR3

Exterior for 12934 Valleyheart Drive

Building Area Total6469.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2614
Lot Size Area11388.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCovered, Gated
SpaNo
Total Parking8.0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $2,775,000
MLS#24391213
List Date 05/13/2024
Property Type Multi-Family
Phone 310.658.1749
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