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11747-53 Moorpark St, Studio City, CA 91604

11747-53 Moorpark St, Studio City, CA 91604

11747-53 Moorpark St

Exclusively listed by the LAAA Team at Marcus & Millichap

Listing Price
$2,995,000
Cap Rate
4.80%
Units
8
GRM
13.38
Price / Unit
$374,375
Price / SF
$399.55
Gross SF
7,496 SF
Year Built
1948

Offering

Offering Overview

The LAAA Team of Marcus & Millichap is 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 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.

  1. 01

    City Pool Courtyard. Two Tudor-style fourplexes face a pool behind a wall and iron gates.

  2. 02

    Larger Apartments With Dining Rooms. Approximately 800 square foot one-bedrooms and 1,050 square foot two-bedrooms, each with a dining room and a back door or balcony.

  3. 03

    Garage Parking for Every Apartment. Four detached double garages provide eight spaces with rear alley access.

  4. 04

    Additional Rental Upside. Lower-rent apartments offer approximately 7% additional rental upside on turnover, beyond the rents scheduled for 02/01/2027.

  5. 05

    Walkable Studio City Location. Walk Score 84, near Ventura Boulevard, neighborhood shopping and studio employers.

  6. 06

    Residents Pay Gas and Electric. Separate meters limit the utilities ownership carries; owner-operated laundry and storage add income.

Location

Location Overview

11747-53 Moorpark St, Studio City, CA 91604

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 Blvd, 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.

Listing Team

Exclusively listed by the LAAA Team.

For offering materials, financials, or offer guidance, reach out directly.

Next Step

Ready to dig into the financials?

Sign the Confidentiality Agreement to access the full Offering Memorandum for 11747-53 Moorpark St, Studio City, CA 91604.

LAAA Team of Marcus & Millichap

The LAAA Team

Marcus & Millichap

All property showings are by appointment only.

This information has been secured from sources believed to be reliable, but no representations or warranties, expressed or implied, are made as to the accuracy of the information. References to square footage, age, or income are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. All property showings are by appointment only.