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11747 Moorpark ST Studio City, CA 91604
12 Beds
8 Baths
7,496 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,496 sqft
Price per Sqft $386
MLS Listing ID 26998659
Bedrooms 12
HOA Y/N No
Year Built 1948
Lot Size 0.276 Acres
Property Description
We are pleased to present 11747-53 Moorpark Street, two 1948 Tudor-style fourplexes arranged around a gated pool courtyard in Studio City. Offered together as one eight-unit property, the buildings occupy two side-by-side parcels totaling 12,012 square feet and have been under the same ownership since 2008. The property has four one-bedroom and four two-bedroom apartments, approximately 800 and 1,050 square feet, respectively. Each apartment has a dedicated dining room, separate from its living area. Downstairs apartments have a back door and upstairs apartments a balcony. Four detached double garages at the rear alley provide garage parking for every apartment. The buildings face a 20 by 31 foot pool with brick coping, enclosed behind the property's wall and iron gates. An on-site laundry room with owner-operated machines and a storage rental provide income beyond apartment rents. Gas and electric are separately metered and paid by residents, reducing the utilities ownership carries. All eight apartments are subject to the Los Angeles Rent Stabilization Ordinance and are registered. Ownership's rent schedule effective February 1, 2027 totals $18,651 a month, up from $17,949 on the May 2026 roll. The financial analysis uses that future schedule with a 3% vacancy allowance; ownership reported one vacant apartment on 10/16/2026. The building's highest scheduled one-bedroom and two-bedroom rents support approximately 7% additional rental upside above that future schedule as lower rents move toward those levels on turnover. The 11753 building and its garage were re-roofed over new sheathing in 2023. Both buildings have earthquake gas shutoff valves, and their detached garage parking avoids a tuck-under configuration. Neither building is in the City's soft-story retrofit program. The property fits a private investor or 1031 exchange buyer seeking larger apartments, enclosed garage parking and a pool courtyard in Studio City, with a supported opportunity to increase rental income over time. The property sits on the north side of Moorpark Street between Colfax Avenue and Laurel Canyon Boulevard, a residential stretch of Studio City with a Walk Score of 84. Walter Reed Middle School is 0.21 miles northeast, and Moorpark Park is 0.31 miles west. Ventura Boulevard, Studio City's dining and shopping street, is 0.65 miles south at Colfax Avenue. Trader Joe's is 0.57 miles south, and Gelson's is 0.54 miles northwest. Radford Studio Center is 0.45 miles south, and Universal Studios Hollywood is 2.27 miles southeast. The Ventura Freeway at Laurel Canyon Boulevard is 0.48 miles northwest, with connections to the 134 and the Hollywood Freeway. Parcels: 11747 Moorpark St (APN 2364-010-024) and 11751-53 Moorpark St (APN 2364-010-023).
Location
State CA
County Los Angeles
Area Stud - Studio City
Zoning LAR3
Interior
Heating Wall Furnace
Flooring Wood
Fireplace No
Appliance Refrigerator
Laundry Common Area
Exterior
Parking Features Door-Multi, Garage
Garage Spaces 8.0
Garage Description 8.0
Pool Fenced, In Ground
Community Features Gated
Roof Type Composition
Total Parking Spaces 8
Building
Story 2
Entry Level Two
Architectural Style Tudor
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2364010024
Security Features Gated Community
Special Listing Condition Standard
Listed by Glen Scher Marcus & Millichap #01962976