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12918 Valleyheart Dr, Studio City, CA 91604
$3,990,000
12918 Valleyheart Dr, Studio City, CA 91604View this property at 12918 Valleyheart Dr, Studio City, CA 91604
12918 Valleyheart DrStudio CityCA91604
Property Description
12918 & 12924 Valleyheart Dr. is a terrific 12 unit property consisting of two side by side 6 unit apartment buildings located in the heart of Studio City, one of the most sought after locations in the San Fernando valley. Built in 1954, the properties have an excellent mix of units consisting of 6 -One Bed + One Bath Units and 6 - Two Bed + One Bath Units. These charming units are equipped with amenities including wall air conditioning, balconies, covered/gated parking, and secured entry. The buildings are 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. Property is being sold along with 12914 Valleyheart Drive + 12934 Valleyheart. Buildings may be purchased separately or all together. This is a rare opportunity for an investor to purchase a value-add income property in a great Studio City location.
Full Property Details
Full Property Details for 12918 Valleyheart Dr
General
- Price: $3,990,000
- Status: Active
- Type: Multi-Family
- MLS ID: 24-391251
- Updated: 5/13/2024
- Added to Site: 19 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 18
Additional Information
- Other Features: None
Parking
- Garage Description: Covered Parking, Gated
Location
- Area: Studio City
- County: Los Angeles
- Driving Directions: 1 block North of Ventura Blvd. & 1/2 block West of Coldwater Canyon Ave.
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall
Structural Information
- # Buildings: 2
- Stories/Levels: 2
- Square Feet: 9,944
- Sq. Ft. Source: Assessor
- Year Built: 1954
- Year Built Source: Assessor
Unit Information
- Units in Complex: 12
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Total Bathrooms: 1
- Bedrooms: 2
Unit 8
- Total Bathrooms: 1
- Bedrooms: 1
Unit 9
- Total Bathrooms: 1
- Bedrooms: 2
Unit 10
- Total Bathrooms: 1
- Bedrooms: 1
Unit 11
- Total Bathrooms: 1
- Bedrooms: 2
Unit 12
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1947
- Lot Size: 17480
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $401.25
- Assessment Year: 1954
Disclosures and Reports
- Disclosures/Reports: None
- APN: 2375-022-038
Listed by Miller & Desatnik Realty Co., Gary Fox and Miller & Desatnik Realty Co., Michael Wozniak
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Schools
Schools serving 12918 Valleyheart Dr
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
4220 Dixie Canyon Ave, Sherman Oaks, CA 91423 | K-5 | 0.6 mi | |
5041 Sunnyslope Ave, Sherman Oaks, CA 91423 | 6-8 | 1.4 mi | |
13000 Oxnard St, Valley Glen, CA 91401 | 9-12 | 2.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12918 Valleyheart Dr
Date
Details
Price
Change
Source
5/13/2024
Listed
$3,990,000
166%
MLS
12/04/1998
Sold
$1,500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12918 Valleyheart Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,215
4%
$678,061
2%
2022
$8,821
1%
$664,766
2%
2021
$8,695
-1%
$651,733
1%
2020
$8,770
4%
$645,051
2%
2019
$8,455
2%
$632,404
2%
2018
$8,296
3%
$620,004
2%
2017
$8,083
3%
$607,848
2%
2016
$7,859
1%
$595,930
2%
2015
$7,753
-1%
$586,980
2%
2014
$7,815
—
$575,483
—
2013
$7,806
—
$572,883
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12918 Valleyheart Dr
12918 Valleyheart Dr, Studio City, CA 91604 (MLS# 24-391251) is a Multi-Family property with units containing 18 bedrooms and 0 full bathrooms. 12918 Valleyheart Dr is currently listed for $3,990,000 and was received on May 13, 2024. Want to learn more about 12918 Valleyheart Dr? Do you have questions about finding other Multi-Family real estate for sale in Studio City? You can browse all Studio City real estate or contact a Coldwell Banker agent to request more information.