11937 Laurelwood Dr, Studio City, CA 91604

Property Description

Price Reduced by $100,000! The 2-4 Unit Specialists are pleased to offer for sale the fee-simple interest in an extraordinary Studio City triplex (2+1 non-conforming unit) nestled above Ventura Blvd with direct access to the boulevard below. Tenants or owner occupiers can venture down their property to Laurel Tavern, Teru Sushi, Kiwami, or any of the local hotspots along the hottest street in the Valley. This is a spectacular property—the type that rarely goes on the market. With large balconies overlooking the Valley below, tenants or owner occupiers can enjoy a luxurious lifestyle. Each of the units has undergone thorough renovations, with updated stainless steel appliances, copper plumbing, lovely new bathrooms, and well-maintained flooring. This property is an owner occupier’s dream, one that a live-in owner could enjoy as their home. The owner's unit will be ready for move in at close of escrow, making way for an easy and cost-free transition. For those looking to purchase 11937 Laurelwood for investment purposes, the rents these units command are premium due to the A+ location and prime condition of the property. Not to mention, the scarcity of 2-4 unit properties in Studio City South of the Boulevard makes it a one-of-a-kind asset.