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8-Unit Apartment Property

11747 Moorpark St, Los Angeles, CA 91604

For Sale
$2,995,000

Two side-by-side buildings enclose a gated pool courtyard and provide detached garage parking for every apartment.

Property Size7,496 SF
Lot Size0.28 Acres
Days on Market31

Property Features for 11747 Moorpark St

General Information

Standard status Active
Size 7,496 SF
Total Parking Spaces 8
Lot size 0.28 Acres
Property subtype Multifamily

Site & Location

Neighborhood Studio City
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 4 x 1BR, 4 x 2BR
Multifamily Units 8
Individually Metered Utilities gas, electricity

Additional Details

Cap Rate 4.8%

Amenities

pool
on-site laundry room
Two Tudor-style fourplexes face a pool behind a wall and iron gates.
Approximately 800 square foot one-bedrooms and 1,050 square foot two-bedrooms, each with a dining room and back door.
Four detached double garages provide eight spaces with rear alley access.
Separate meters limit the utilities ownership carries; owner-operated laundry and storage add income.
The building's highest scheduled rents support further upside above ownership's February 1, 2027 rent schedule on turnover.
The building and its garage were re-roofed over new sheathing in 2023.

Building Details

Building Size 7,496 SF
Year Built 1948
Buildings 2
Units 8
Construction Tudor-style
Listing Agency: Marcus & Millichap - Encino
Listed By: Glen Scher · License #License(s): CA: 01962976
Source: Marcusmillichap
Added: Oct 9 Changed: Nov 6 Last Checked: Nov 6 at 3:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino

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Investment Insights

Based on property information with market context.

Two 1948 Tudor-style fourplexes form an eight-apartment property on adjoining parcels totaling 12,012 square feet. The unit mix includes four one-bedroom apartments of approximately 800 square feet and four two-bedroom apartments of approximately 1,050 square feet. Each residence has a dedicated dining room and a separate rear entrance. A gated courtyard centers on a 20-by-31-foot pool, while four detached double garages at the rear alley provide parking for all eight apartments. An on-site laundry room and storage rental offer additional income sources. Gas and electricity are separately metered and paid by residents. All units are registered under the Los Angeles Rent Stabilization Ordinance.

The property is on Moorpark Street between Colfax Avenue and Laurel Canyon Boulevard in Studio City. Its Walk Score is 84. Moorpark Park is 0.31 miles west, and Ventura Boulevard is 0.65 miles south at Colfax Avenue. The Ventura Freeway at Laurel Canyon Boulevard is 0.48 miles northwest, with connections to the 134 and Hollywood Freeway.

The 11753 building and its garage received new roofing and sheathing in 2023. Both buildings have earthquake gas shutoff valves, and neither is included in the City’s soft-story retrofit program. Ownership has held the property since 2008.

Key Highlights

  • Eight apartments: four one‑bedroom units and four two‑bedroom units
  • Two side‑by‑side 1948 Tudor‑style fourplexes on parcels totaling 12,012 square feet
  • One‑bedroom apartments are approximately 800 square feet; two‑bedroom apartments are approximately 1,050 square feet

Property Analytics

Lease Details

8
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,327
Businesses Nearby

Demographics for 91604, CA

30,947
Population
15,900
Households
1.9
Avg Household Size
40
Median Age
65%
College-Educated
98%
High-School Grad
4.7 sq mi
ZIP Area
6,584
Density / Sq Mi
$141,317
Median Household Income
$72,208
Median Earnings
$2,471
Median Rent
$1,698,900
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two side-by-side buildings enclose a gated pool courtyard and provide detached garage parking for every apartment.
Where is this apartment building located?
The property is located at 11747 Moorpark St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Eight apartments: four one‑bedroom units and four two‑bedroom units; Two side‑by‑side 1948 Tudor‑style fourplexes on parcels totaling 12,012 square feet; One‑bedroom apartments are approximately 800 square feet; two‑bedroom apartments are approximately 1,050 square feet
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