11975 Laurelwood Dr, Studio City, CA 91604

Property Description

KW Commercial is pleased to present 11975 Laurelwood Drive, a 16-unit multifamily investment opportunity located in one of Studio City's premier rental neighborhoods. Built in 1962 and encompassing 15,856 SF of improvements on a 30,846 SF hillside parcel, the property features 16 oversized apartment units, all of which include large private balconies offering panoramic views of the Eastern San Fernando Valley, Laurel Canyon, and Ventura Boulevard. The asset is ideally positioned just blocks from two of Studio City's most influential economic and cultural hubs, CBS Radford Studio Center and the Ventura Place retail corridor, home to numerous cafes, restaurants, boutique retailers, Trader Joe's, and the highly regarded Carpenter Avenue School. This location provides residents with immediate access to a diverse collection of amenities, entertainment destinations, and employment centers. Historically, this submarket has delivered investors strong long-term rent growth, exceptional appreciation, and reliable value preservation. 11975 Laurelwood Drive offers an ideal mix of spacious, view-oriented units, including: Three (3) 3 Bedroom / 2 Bathroom units, Four (4) 2 Bedroom / 2 Bathroom units, Six (6) 2 Bedroom / 1 Bathroom units, and Four (4) 1 Bedroom / 1 Bathroom units. Many interiors feature open floor plans, stainless steel appliances, wood-style flooring, window blinds, ceiling fans, and wall A/C units. Due to its premium location and above-average unit sizes, the property consistently attracts a high-quality renter profile, as reflected by stable in-place income.