12945 Moorpark Street, Studio City, CA 91604

Property Description

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.