13021 Moorpark Street, Studio City, CA 91604
- $4,400,000
- 20
- BD
- 22
- BA
- 13,396
- SqFt
- Sold Price
- $4,400,000
- List Price
- $4,599,000
- Closing Date
- Apr 17, 2026
- Status
- CLOSED
- MLS#
- 25591525
- Year Built
- 1978
- Bedrooms
- 20
- Bathrooms
- 22
- Living Sq. Ft
- 13,396
- Lot Size
- 13,252
- Acres
- 0.30
- Days on Market
- 97
- Property Type
- Multifamily
- Style
- Contemporary
- Stories
- Two Levels
Property Description
Two-story prime Studio City building. Excellent location next to a quiet residential neighborhood. We have a preliminary cost segregation study done. The company estimates that the new buyer will be able to write off between $600k and $900k the first year of ownership due to the new tax bill that allows 100% depreciation write off. This will save your buyer thousands. Back 8 covered carports in alley could be a good candidate to build 4 ADUs. Each unit has a spacious balcony. Some with great views. There have been thoughtful upgrades to the landscaping, and hardscape elevating the curb-appeal of this property. 26 total covered parking spots. There is a converted finished office/studio in the garage area with access ready for toilet/drainage and water supply. Updated laundry room with 2 coin-op drum washers and 2 coin-op stack dryers. There are 2 large 3-bedroom 2.5 bath townhouse units with washer/dryers. They both have private front yards. Six of the eight 1 bedroom 1 bath units have been completely upgraded with a mix of veneer wood and vinyl flooring. Three of the four 2-bedroom 2 bath units have been completely upgraded and are appointed similarly to the upgraded 1 bedroom units. Each unit has a ceramic log natural gas fireplace with wall switch ignition.The building is a mix of primarily timber framing (with sheer walls) and heavy steel construction. Flat BUR roof was completely replaced circa 2017.95% of the plumbing has been replaced with PEX and copper. 10 of the 14 units have been fitted with water use meters. Currently, 9 of those units (meters) are billed through management for both water and sewer, at the same rate as LADWP. The remaining 4 units can be easily upgraded to the metered system. The tenants basically pay some of the utilities...specifically the use of water and the related sewer charges. This makes a very low cost to operate the building.11 of the AC units have been upgraded to reduced energy draw. The power to the building is a 600v main with 14, 50-amp service to each unit, and upgraded sub-panels. Only one original in-unit sub-panel remains.
Additional Information
- Appliances
- Gas Oven, Range, Refrigerator
- Pool Description
- None
- Fireplace Description
- Bath, Electric, Gas
- Heat
- Heat Pump
- View
- None
- Exterior Construction
- Stucco
- Sewer
- Sewer Tap Paid
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 14
Listing courtesy of Listing Agent: Derrick Ruiz (derrick.ruiz@eXpRealty.com) from Listing Office: eXp Realty of Greater Los Angeles.
Listing sold by Derrick Ruiz from eXp Realty of Greater Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.