Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

8

Building size

7,366 sqft

Lot size

10,839 sqft

Year built

1958

Stories

0

Status

Active

Days on market

43

MLS #

246331099

About this property

We are pleased to present an eight (8) unit apartment building located at 12827 Kling St in Studio City, California. The subject property is located in a prime Studio City location, north of Moorpark St and east of Coldwater Canyon Ave. Located in prime Studio City, this rare eight-unit property features four one-bedroom, three two-bedroom, and one three-bedroom unit, with one unit delivered vacant. Recent improvements include a new roof and main electrical panel replaced in 2024, plus a newer water heater and predominantly copper plumbing. Select units offer in-unit laundry, while most include private patios or balconies. Parking includes six open spaces and eight rear carports, which may offer potential for multiple ADU conversions while preserving existing parking. Residents enjoy immediate access to the 101 Freeway, Ventura Boulevard, major commercial corridors, nearby parks, popular dining and shopping destinations, and renowned entertainment hubs including Universal Studios Hollywood, Universal CityWalk, and Warner Bros. Studios, enhancing long-term rental appeal. This rare Studio City asset offers investors a clear path to enhance income and long-term performance in one of the Valley's most sought-after rental markets.

Location

12827 Kling Street

Los Angeles, Los Angeles, CA, 91604