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4248 Whitsett Ave, Studio City, CA 91604

List Price: $2,750,000On Market FlagOn market
Apr 23, 20256,600 sqft12 beds13 baths
Listed by: Francis Tim Hyde
License #: 01731653
Phone #: 424-835-0727
Compass
Source:
CRMLS Logo
MLS #: 25529371

Property Description

Prime 7-Unit Investment Opportunity in Studio CityLocated on a serene, tree-lined street just steps from vibrant Ventura Boulevard, this well-maintained 7-unit apartment building offers exceptional upside in one of Studio City's most desirable neighborhoods. Built in 1984 and not subject to rent control, this rare find features a strong unit mix: five spacious 2-bedroom units and two charming 1-bedroom units perfect for attracting long-term tenants or converting to condominiums (buyer to verify).The building generates an approximate gross annual income of $204,000, with room for increased rents and future value-add potential. With 13 gated parking spaces, secure entry, and a premium South of Moorpark location, it's an attractive choice for both investors and owner-users. Consider using one unit as your private office while collecting passive income from the rest.Nestled near multi-million dollar homes, boutique shops, and top-rated dining, this property is a short walk to the iconic Sportsman's Lodge development, the new Harvard-Westlake athletic complex, Erewhon, and countless lifestyle amenities.Don't miss this rare opportunity to own a low-maintenance, high-demand asset in one of LA's strongest rental markets. (property will be delivered with 2 vacant units).
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$44,694

TurboHome Estimated Value

$2,864,800

$434 sqft

High Valuation
$3,008,040
$456/sqft
Normal Valuation
$2,864,800
$434/sqft
Low Valuation
$2,721,560
$412/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$434/sqft$2,864,800

Neighborhood: Beverly Glen

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Comparative Value

$2.74M

$2.75M

3916 Kentucky Dr, Los Angeles, CA 90068

Sale Price: $2,740,000

Selected Comparable

4248 Whitsett Ave, Studio City, CA 91604

List Price: $2,750,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
4248 Whitsett Ave, Studio City, CA 91604

4248 Whitsett Ave, Studio City, CA 91604

List: $2,750,000

Listed: 4/23/2025

Area:6,600 sqft
Price/sqft:$417
Beds:12
Baths:13
Year Built:
Lot Size:6,100

Comparable Properties

COMPARABLE
Choose comps
3916 Kentucky Dr, Los Angeles, CA 90068

3916 Kentucky Dr, Los Angeles, CA 90068

Sale: $2,740,000

1/23/20252.54 mi

Area:6,772 sqft
Price/sqft:$405
Beds:12
Baths:12
Year Built:
Weight:100.0%

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