12084 Valleyheart Drive

Studio City, CA 91604

$1,500,000
Last Sold Price
1
Beds
4
Baths
2,788 Sq. Ft.
$538 / Sq. Ft.
2,788
Sq. Ft.
$538
per Sq. Ft.

Description

Amazing opportunity, located in the HEART of STUDIO CITY, This Rare and Charming 4 unit bungalow building: EACH 1 bed + 1 bath + living room area + dining nook + access to enclosed courtyard. Units are light and bright with dining area and kitchen, three of the units have been updated and remodeled and the fourth unit is in original condition. Each situated with front door/ street access, mature trees and flowing shrubs. Two of the units have views to the river. This is a Fabulous opportunity to...Amazing opportunity, located in the HEART of STUDIO CITY, This Rare and Charming 4 unit bungalow building: EACH 1 bed + 1 bath + living room area + dining nook + access to enclosed courtyard. Units are light and bright with dining area and kitchen, three of the units have been updated and remodeled and the fourth unit is in original condition. Each situated with front door/ street access, mature trees and flowing shrubs. Two of the units have views to the river. This is a Fabulous opportunity to own income property in one of the best neighborhoods in Los Angeles.
The fourth unit rents as a furnished Airbnb on a monthly basis. Street parking is available along with 3 garages, two garages will be delivered vacant and one is currently rented. Great location and walking distance to CBS Radford Studio Center, trendy restaurants, chic boutiques, wine shops, hiking trails, parks, and an award wining Carpenter school.

Listing Agent

  1. Michaela Cadiz

    Michaela Cadiz

    Listing Agent

    Compass

    DRE #01803838

Property Details for 12084 Valleyheart Drive

Architectural Style
Bungalow
View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
None
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Compass, Michaela Cadiz, DRE #01803838; Compass, Joan Duffy, DRE #00525687

Sold By NONMEMBER MRML, General NONMEMBER, DRE #01177660

Add your commute
LISTING UPDATED: 09/15/2021 01:49 PM

Property Details for 12084 Valleyheart Drive

StatusClosed
MLS #SR21093153
Days on Market109
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size0.13 AC / 5,717 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Michaela Cadiz, DRE #01803838; Compass, Joan Duffy, DRE #00525687

Sold By NONMEMBER MRML, General NONMEMBER, DRE #01177660

Add your commute

Building Information for 12084 Valleyheart Drive

Stories-Residences-Year Built1939Building Size-Lot Size0.13 AC / 5,717 SF

Payment Calculator

$9,757 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$1,571

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12084 Valleyheart Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $77,090
  • Gross Scheduled Income: $75,000
  • Net Operating Income: $52,100
  • Number Of Rented Garages: 1
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $22,900
  • New Taxes Expense: $9,800
  • Insurance Expense: $2,500
  • Trash Expense: $0
  • Water Sewer Expense: $1,300
  • Total Expenses: $33,700
Tax / Assessment Info
  • Tax Tract Number: 1
  • Tax Census Tract: 1436.02
  • Tax Lot: 43
Community / Development
Community / Development
  • Accessibility Features: See Remarks
  • Community Features: Biking, Curbs, Golf, Hiking, Park, Sidewalks, Storm Drains, Urban
Property / Structure Info
Interior Features
  • Appliances: Refrigerator
  • Equipment: Other, Refrigerator
  • Interior Features: Storage
  • Room Type: Living Room
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating: Central
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Exterior Features: Lighting
  • Roof: Other
  • Fence: Yes
  • Fence: Privacy, Redwood
  • Fencing: Privacy, Redwood
  • Foundation Details: See Remarks
  • Property Condition: Updated/Remodeled
  • View Description: None
  • Waterfront Features: River Front
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Garden
  • Number Of Units: 4
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, See Remarks
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $6,432
  • Unit Type Total Rent: $6,432
  • Unit Type Pro Forma: 8600
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 12084 Valleyheart Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12084 Valleyheart Drive

Taxable ValueLand$1,224,000Additions$306,000Total$1,530,000
Tax Record2023$18,848 ($1,571 / month)
Home Facts
Total Finished SqFt2,488 SqFtAbove Grade Finished SqFt2,488 SqFtLot Size5,717 SqFtStyleQuadraplexYear Built1939ZoningLAR3CountyLOS ANGELESAPN2368-002-019

Schools near 12084 Valleyheart Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Carpenter Community Charter School
CharterK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Amelia Earhart Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass, Michaela Cadiz, DRE #01803838; Compass, Joan Duffy, DRE #00525687

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.