$1,499,000

12945 Moorpark St Studio City, CA 91604

Estimated payment $8,725/month

Total Views 234
4 Beds
3 Baths
2,147 Sq Ft
$698 Price per Sq Ft

Highlights

  • Midcentury Modern Architecture
  • Wood Flooring
  • South Facing Home
  • Ulysses S. Grant Senior High School Rated A-
  • Balcony

About This Home

Beautiful fully fenced two-story triplex in the coveted Studio City/Sherman Oaks corridor. Pride-of-ownership with major system upgrades: 400A electrical w/4 LADWP meters and new service drop; updated subpanels/branch circuits w/GFCI; PEX/Copper supply & ABS drains w/cleanouts; three individual water heaters. Exterior re-stuccoed in 2019; dual-pane Low-E windows (front & middle units); raised foundation. Each tenant occupied residence features in-unit laundry units, heat & A/C, refinished solid-oak floors, porcelain-tile kitchens/baths, upgraded oak cabinetry, and stainless appliances. Outdoor bonuses: Front 1 bed enjoys a large private, fenced front yard + rear patio; Middle 2 Bed has a rare exclusive-use backyard yard with paver entertaining area, drip irrigation, and lighting; Rear upper 1 Bed has a large front facing balcony, it is pre-wired with line set/power for future central HVAC. Parking: 4 enclosed garage spaces; a drywalled 2-car side-by-side with Level-2 EV charging plus two separate 1-car garages, all with automatic openers; garages tied to unit meters. Utilities: separate electric/gas; water/sewer billed back to tenants from meters; no house electric/gas; Very low owner operation expenses (gardener approx $150/mo; 2025 SCEP fees $213 annually). Roof currently serviceable; plan future replacement as routine CapEx. Turnkey character asset with private yards and operational efficiency, buyer to verify all. Rear upper unit is vacant and in need of rehab. Income projected with upper unit rented. Moments to Ventura Blvd dining, Tujunga Village cafes, top grocers, studios, and 101/134 access, arguably the Valley's premier pocket shared by Studio City and Sherman Oaks.

Listing Agent

Derrick Ruiz

eXp Realty of Greater Los Angeles License #00919713 Listed on: 08/18/2025

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,684

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 6,502 Sq Ft Lot
  • South Facing Home
  • Drip System Landscaping

Parking

  • 4 Car Garage

Home Design

  • Midcentury Modern Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,147 Sq Ft Home
  • 2-Story Property

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Cooktop

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Heat Pump System
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 2362-012-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,684

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 2147
  • Lot Acreage: 0.1493
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Ceramic Tile
  • Appliances: Oven-Gas, Cooktop - Gas, Convection Oven
  • Bedrooms: 4
  • Common Walls: Attached
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Equipment: Washer, Refrigerator, Range/Oven, Dryer, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 698.18

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Balcony, Full Copper Plumbing
  • Other Structures: None
  • Foundation Details: Raised
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Garage - 4+ Car, Garage Is Attached
  • Total Parking: 4

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Cooling: Heat Pump(s)
  • Heating: Heat Pump
  • Sewer: In Connected and Paid
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Drip System
  • Additions Alterations: Yes
  • Assessed Improvement Percent: 3.57
  • Assessed Improvement Value: 18744
  • Assessed Land Percent: 96.43
  • Assessed Land Value: 505726
  • Total Assessed Value: 524470
  • Assessor Parcel Number: 2362-012-002
  • Lot Description: 2-4 Lots
  • Lot Size Area: 6502

Rental Info

  • Owner Pays: Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Cable TV, Gas, Water, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.48
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Garden
  • Vacancy Rate: 3%

Tax Info

  • Private Transfer Taxes: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,684 $534,958 $515,840 $19,118
2024 $6,684 $524,470 $505,726 $18,744
2023 $6,559 $514,187 $495,810 $18,377
2022 $6,261 $504,106 $486,089 $18,017
2021 $6,178 $494,222 $476,558 $17,664
2019 $5,997 $479,565 $462,424 $17,141
2018 $5,890 $470,162 $453,357 $16,805
2016 $5,617 $451,906 $435,753 $16,153
2015 $5,537 $445,119 $429,208 $15,911
2014 $5,573 $436,401 $420,801 $15,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $1,499,000 -- $698 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Accommodation/Courtesy Recordi
Quit Claim Deed -- First American Title Company
Quit Claim Deed -- First American Title Co
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 New Conventional
Previous Owner $150,000 Stand Alone First
Source: Public Records

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Source: The MLS

MLS Number: 25580065

The MLS

APN: 2362-012-002