Terrific 8 unit apartment building situated in the heart of Studio City, one of the most sought after locations in the San Fernando valley. Built in 1984, the property has an excellent mix of units consisting of 4 - One Bed + One Bath Units and 4 - Loft + One and a Half Bath Units. These beautiful spacious units are equipped with a variety of amenities including Central Air and Heat, Fireplaces, In Unit Laundry, Dishwashers, Microwaves, Hardwood Style Floors, Gated/Covered Parking, and select units have High Ceilings and Patios. 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 property is strategically positioned within the San Fernando Valley, offering convenient access to major transportation routes and job hubs. This is a rare opportunity for an investor to purchase a value-add income property in a great Studio City location.
Perfect investment property - newly remodeled turn-key house behind private gates, with garage, lovely yard, and a detached separate ADU Guest House with kitchen and laundry. Currently creating robust Air BnB revenue stream, the proximity to Universal Studios, Hollywood, and Studio City makes this an ideal location. Easy access to Ventura Blvd, the freeways to get downtown, and nearby Burbank airport. Flexible two-unit structure maximizes options for shorter and longer term lifestyle. Multi level yard enables each house to enjoy their own separate environment, or to rent out to a family that wisely uses (or rents) the separate Guest House for creative office space, gym, or in-laws.
Info given is for the front home 12607 Kling however, public records are for 12603 Kling, the rear home. Two homes on one 13,000 sq ft lot. Each home has their own front and rear yards and their own garages. Rear home is 1 bedroom, 1 bath, kitchen, breakfast area, living room and sunroom. It was built in 1935 and moved to the rear location in 1960 and has a detached garage (possibly an ADU). It need some work but plenty of possibilities. Could add on and make larger. The front home was built in 1960 and updated in 2020 and has a new kitchen and 2 new baths, new AC, vinyl flooring and tile in the kitchen and baths. There is a bedroom and 3/4 bath downstairs no steps on first level and 2 bedrooms and large new bath upstairs. Direct access from garage into kitchen. Washer and dryer in the garage. This property is 3 blocks from Beeman Park.
Studio City is located in California.
