Studio City Apartment Building Sales

Explore 8 closed multifamily transactions totaling $54.27M in Studio City. Data from the LAAA Team at Marcus & Millichap.

8

Transactions

$54.27M

Total Volume

3.88%

Avg Cap Rate

$391,509

Avg $/Unit

21

Avg Units

2013

Since

Studio City Multifamily Market Overview

Studio City is one of the San Fernando Valley's premier multifamily markets along Ventura Boulevard and Laurel Canyon Boulevard. Across 8 closed transactions totaling $54.3M, the LAAA Team has documented an average cap rate of 3.88% and $392K per unit across 147 units. Entertainment industry proximity and south-of-the-boulevard tree-lined streets command premium pricing. Most buildings are 1960s-1970s garden-style under the LA RSO.

Market Metrics

Total Deals

8

Total Volume

$54.27M

Avg Cap Rate

3.88%

Cap Rate Range

3.19% - 4.40%

Avg $/Unit

$391,509

$/Unit Range

$233,333 - $678,125

Avg Units/Deal

21

Deal Types

Apartments: 7, Land: 1

Market Snapshot

Source: CoStar | Studio City/N Hollywood Multifamily | 2026 Q1
52,694Total Units
5.1%↑ from 4.6%Vacancy Rate
$2,245Market Rent/Unit
+0.0%Rent Growth (YoY)
5.0%Market Cap Rate
$345KMarket $/Unit

Rents by Unit Type

Studio$1,754/mo
1 Bedroom$1,973/mo
2 Bedroom$2,562/mo
3 Bedroom$3,187/mo

Supply & Demand

Under Construction239 units
Delivered (12 mo)178 units
Net Absorption (12 mo)-56 units
Occupancy Rate94.9%

Investment Activity (Trailing 12 Mo)

Sales Volume$91.5M
Transactions33
Avg Price/Unit$345K
Avg Cap Rate5.5%

LAAA Team Closings in Studio City

8transactions by Glen Scher, Filip Niculete & the LAAA Team

12021 Hoffman St

Studio City2024

Price
$1.50M
Units
5
Cap
4.40%
$/Unit
$299,000

12602 Moorpark St

Studio City2022

Price
$5.42M
Units
8
Cap
3.81%
$/Unit
$678,125

4077-4083 Tujunga Ave

Studio City2021

Price
$7.92M
Units
16
Cap
3.88%
$/Unit
$495,313

11915 Kling St

Studio City2021

Price
$25.05M
Units
80
Cap
3.84%
$/Unit
$313,125

12325 Moorpark St

Studio City2020

Price
$3.92M
Units
12
Cap
4.17%
$/Unit
$326,667

12100 Valley Spring Ln

Studio City2020

Price
$7.90M
Units
20
Cap
3.84%
$/Unit
$395,000

4224 Whitsett Avenue

Studio City2017

Price
$1.16M

4455 Bakman Avenue

Studio City2016

Price
$1.40M
Units
6
Cap
3.19%
$/Unit
$233,333

Source: LAAA Team Closed Transactions

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Your LA Apartment Investment Advisors

Glen Scher

Glen Scher

Senior Managing Director Investments

(818) 212-2808

Email Glen

License(s): CA: 01962976

Filip Niculete

Filip Niculete

Senior Managing Director Investments

(818) 212-2748

Email Filip

License(s): CA: 01905352

LA Apartment Advisors | Marcus & Millichap

16830 Ventura Blvd, Ste. 100, Encino, CA 91436

LAAA