12070 Woodbridge St. — Sale in Studio City, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Studio City, CA 91604
Investment Figures
- Cap rate
- 4.11%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
12070 Woodbridge St. presents investors with the opportunity to acquire a 12-unit apartment building located in the core of Studio City, one of Los Angeles’ most consistently high-demand rental submarkets. Properties in this location are rarely available, especially those with over 30% renovated units and still significant upside in the other units. Strategically positioned just north of Ventura Boulevard, the property benefits from immediate proximity to Studio City’s premier dining, retail, and lifestyle amenities. The area draws a stable, high-quality tenant base of entertainment professionals, young creatives, executives, and longterm residents seeking the neighborhood’s blend of walkability, safety, and convenience. Studio City consistently ranks among the highest-earning submarkets in the Valley, supporting premium rents and reduced turnover. The asset also offers rapid access to the 101 Freeway, connecting tenants to major employment hubs—including Hollywood, Burbank, Universal City, and the broader San Fernando Valley—within minutes. This connectivity continues to support low vacancy rates and strong long-term rent growth in the submarket. 12070 Woodbridge St. represents an exceptional opportunity to acquire a well-located, professionally maintained multifamily asset with measurable upside in one of Los Angeles’ most resilient and supply-constrained rental markets. Its Studio City address, tenant-demand fundamentals, and clear value-add potential make it ideal for investors seeking both stability and growth. Investment Highlights: • Legacy Property- Prime Studio City Location • Tremendous Upside Potential • Four of the units have already been renovated and include washer & dryer • Excellent Unit Mix of 6(1+1), 1(1+1.5 TH), 3(2+1.5 TH) and 2(2+1.75) • New Roof • Soft Story Retrofit has been completed
Market Context
This multifamily in Studio City, CA is listed for sale. It is offered at an approximate 4.1% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Studio City, CA — view the full market.
Contact
- Brett Sanson · (818) 212-2785 · brett.sanson@marcusmillichap.com
- Jeff Louks · (818) 212-2780 · jeffrey.louks@marcusmillichap.com
- Danny Abergel · (818) 212-2715 · danny.abergel@marcusmillichap.com
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