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25-Unit Apartment Building

13000 Valleyheart Dr, Los Angeles, CA 91604

For Sale
$7,400,000

Residential Income, Los Angeles, CA

Property Size15,080 SF
Lot Size0.47 Acres
Price / SF$490.72
Days on Market91

Property Features for 13000 Valleyheart Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 34
Bathrooms 25
Full bathrooms 3
Rooms Bathroom 13, Bedroom 13, Bathroom 25, Bathroom 20, Bedroom 10, Bathroom 21, Bedroom 14, Bedroom 22, Bedroom 23, Bathroom 12, Bathroom 19, Bedroom 26, Bedroom 34, Bathroom 18, Bathroom 3, Bedroom 29, Bathroom 1, Bedroom 1, Bedroom 8, Bedroom 2, Bedroom 6, Bathroom 6, Bedroom 18, Bedroom 9, Bedroom 19, Bathroom 2, Bathroom 9, Bathroom 10, Bathroom 14, Bathroom 7, Bedroom 17, Bathroom 16, Bedroom 5, Bedroom 25, Bedroom 15, Bedroom 33, Bedroom 30, Bedroom 20, Bathroom 11, Bedroom 7, Bathroom 22, Bathroom 23, Bedroom 3, Bedroom 11, Bathroom 17, Bedroom 28, Bathroom 8, Bedroom 16, Bedroom 32, Bedroom 21, Bathroom 24, Bedroom 27, Bedroom 12, Bedroom 4, Bedroom 24, Bedroom 31, Bathroom 4, Bathroom 15, Bathroom 5
Parking 30
Directions North of Ventura Blvd, West of Coldwater Canyon Ave
Subdivision Studio City
Standard status Active
APN 2375-022-047
Size 15,080 SF
Lot size 0.47 Acres

Utilities

Cooling system Window Unit(s)

Amenities

swimming pool
on-site laundry
secure access
on-site parking

Building Details

Year built 1956
Floors in Building 2
Number of units 25
Additional Structures Pool House
Listing Agency: REMAX COMMERCIAL & INVESTMENT REALTY
Listed By: Jacob Plewa · License CA #02041641
Added: Aug 17 Changed: Oct 24 Last Checked: Nov 15 at 12:06AM
MLS# 26873395

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 25-unit apartment property in Los Angeles was built in 1956 and occupies a 0.4732-acre lot. The unit mix includes studios, one-bedroom apartments, and two-bedroom apartments. Residents have access to a swimming pool, on-site laundry, secure entry, and on-site parking. Window-unit cooling serves the apartments.

Capital improvements include a roof replacement and pool resurfacing in 2025, new electrical panels and breakers in 2026, and upgraded in-unit electrical systems in 2022. Plumbing is mostly copper. Most apartments have updated cabinetry, quartz counters, stainless steel appliances, and tile or laminate wood flooring.

The property is on Valleyheart Drive, near the Ventura Boulevard dining and retail corridor. The North Valleyheart Riverwalk, described as a 1.5-mile car-free path along the LA River, is directly accessible from the street. Erewhon, Equinox, Sugarfish, Shake Shack, Radford Studio Center, Universal, Warner Bros., and NBCUniversal are among the named nearby businesses and studios.

Key Highlights

  • 25 apartments with studio, one‑bedroom, and two‑bedroom layouts
  • 0.4732‑acre lot zoned LAR3
  • Roof replacement and pool resurfacing completed in 2025

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$242,649
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,852,980 $4.9M
Cap Rate 7%
$3,466,414 $3.5M
Cap Rate 9%
$2,696,100 $2.7M
Market Conditions
NOI Build-Up for 15,080 SF
Gross rent
$479.5K $31.80/SF
− Vacancy
−$38.4K −$2.54/SF
EGI
$441.2K $29.26/SF
− OpEx
−$198.5K −$13.17/SF
NOI
$242.6K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,852,980
Cap Rate 7%
$3,466,414
Cap Rate 9%
$2,696,100

Alternative Uses

Best Use
Apartment 5plus
$3.47M
$3.03M – $4.04M (±1% cap)
NOI $242,649 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.30M
$5.51M – $7.35M (±1% cap)
NOI $440,726 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

25
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,754
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - A Los Angeles residential community offers varied floor plans, a swimming pool, on-site laundry, and parking.
Where is this apartment building located?
The property is located at 13000 Valleyheart Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,400,000.
What are key features of this property?
This property features: 25 apartments with studio, one‑bedroom, and two‑bedroom layouts; 0.4732‑acre lot zoned LAR3; Roof replacement and pool resurfacing completed in 2025
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