11837 Laurelwood Dr
Studio City, CA 91604
41 Beds
21 Baths
19,143 Sq Ft
107 Days on Market
For Sale $9,150,000
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Courtesy of Keller Williams Realty Los Feliz

Listing Agent & Comments

Matthew R. KannerKeller Williams Realty Los Feliz
323-664-9033mkanner@thekannergroup.com License #01349203
We are proud to present a rare opportunity to purchase the stunning Historic-Cultural landmark #228, Trophy "Laurelwood Apartments," two 10-unit apartment buildings (separate APN#'s) in the International style of refined modernism, designed by the master architect Rudolph Schindler. Located in ultra-prime Studio City, these buildings are adjacent to major studios and cultural hotspots. 11833 & 11837 Laurelwood Drive are a short distance from the 101 Ventura (1.1 miles) and 405 San Diego (4.9 miles) Freeways, providing easy access to exceptional employment, lifestyle, and leisure options that make Studio City one of Los Angeles' premier neighborhoods/rental markets. Built in 1949 and designed by master architect R. M. Schindler, the property consists of two terraced 2-story buildings. Each building comprises a great unit mix: one with 10 (2+1) units and the other with 9 (2+1) units and 1 (3+2) unit. Units feature thoughtful interior layouts that enhance the sense of space and modernity, with first-floor units offering huge private patios and second-floor units boasting large terraces on the roofs of the units below. First-floor units offer huge private patios, and second-floor units boast large terraces on the roofs of the units below, enhancing the sense of space and modernity. Practical amenities include on-site carport parking, with 10 spaces available per building, and separate water heaters and metering for gas and electric utilities. Furthermore, the property's designation as a Los Angeles Historic-Cultural Monument with an existing Mills Act contract reduces property taxes in exchange for the owner committing to preserving the asset's architectural integrity. This A+ Studio City location "North of the Boulevard" provides unparalleled access to employment opportunities, such as the CBS studios within a block of the property and some of LA's iconic landmarks and culinary destinations, including the famous Sushi Row on Ventura Boulevard (0.2 miles) steps from the property. The nearby Carpenter Community Charter offers excellent educational opportunities, further enhancing the appeal for family-oriented tenants. Studio City, known for its strong demographics and limited competing luxury rental housing, vibrates with cultural and commercial vitality, fueled by its proximity to major entertainment and media hubs. Strategically located at the nexus of accessibility and architectural significance, this property stands as a prime asset in a vibrant and evolving market. It offers investors the potential for significant appreciation and robust returns (over 5.5% in-place CAP), bolstered by sustained high demand from tenants who are drawn to the area's dynamic lifestyle and the elevated experience of occupying a Schindler masterpiece. Additionally, the well-maintained asset presents an opportunity for further value creation through systematic enhancement of unit interiors as they turn over, which will attract tenants willing to pay premium rates for rentals that offer exclusive outdoor spaces and a connection to Southern California's architectural heritage, increasing the property's appeal in a high-demand rental market.

MLS# 24416587 • Data provided by CRMLS
Additional home details
Living Area19,143 Sq.Ft.
Lot Size0.9 Acres
Total Rooms--
Bedrooms41
Bathrooms21
Stories2
Year Built1949
Property TypeMulti Family
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$27,970
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$8,746,757
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage

11837 Laurelwood Dr., Studio City, CA 91604

Multi Family
41 Beds
21 Baths
19,143 Sq Ft
107 Days on Market

Listing Agent & Comments

Matthew R. KannerKeller Williams Realty Los Feliz
323-664-9033mkanner@thekannergroup.com License #01349203
We are proud to present a rare opportunity to purchase the stunning Historic-Cultural landmark #228, Trophy "Laurelwood Apartments," two 10-unit apartment buildings (separate APN#'s) in the International style of refined modernism, designed by the master architect Rudolph Schindler. Located in ultra-prime Studio City, these buildings are adjacent to major studios and cultural hotspots. 11833 & 11837 Laurelwood Drive are a short distance from the 101 Ventura (1.1 miles) and 405 San Diego (4.9 miles) Freeways, providing easy access to exceptional employment, lifestyle, and leisure options that make Studio City one of Los Angeles' premier neighborhoods/rental markets. Built in 1949 and designed by master architect R. M. Schindler, the property consists of two terraced 2-story buildings. Each building comprises a great unit mix: one with 10 (2+1) units and the other with 9 (2+1) units and 1 (3+2) unit. Units feature thoughtful interior layouts that enhance the sense of space and modernity, with first-floor units offering huge private patios and second-floor units boasting large terraces on the roofs of the units below. First-floor units offer huge private patios, and second-floor units boast large terraces on the roofs of the units below, enhancing the sense of space and modernity. Practical amenities include on-site carport parking, with 10 spaces available per building, and separate water heaters and metering for gas and electric utilities. Furthermore, the property's designation as a Los Angeles Historic-Cultural Monument with an existing Mills Act contract reduces property taxes in exchange for the owner committing to preserving the asset's architectural integrity. This A+ Studio City location "North of the Boulevard" provides unparalleled access to employment opportunities, such as the CBS studios within a block of the property and some of LA's iconic landmarks and culinary destinations, including the famous Sushi Row on Ventura Boulevard (0.2 miles) steps from the property. The nearby Carpenter Community Charter offers excellent educational opportunities, further enhancing the appeal for family-oriented tenants. Studio City, known for its strong demographics and limited competing luxury rental housing, vibrates with cultural and commercial vitality, fueled by its proximity to major entertainment and media hubs. Strategically located at the nexus of accessibility and architectural significance, this property stands as a prime asset in a vibrant and evolving market. It offers investors the potential for significant appreciation and robust returns (over 5.5% in-place CAP), bolstered by sustained high demand from tenants who are drawn to the area's dynamic lifestyle and the elevated experience of occupying a Schindler masterpiece. Additionally, the well-maintained asset presents an opportunity for further value creation through systematic enhancement of unit interiors as they turn over, which will attract tenants willing to pay premium rates for rentals that offer exclusive outdoor spaces and a connection to Southern California's architectural heritage, increasing the property's appeal in a high-demand rental market.

MLS# 24416587 • Data provided by CRMLS
Additional home details
Living Area19,143 Sq.Ft.
Lot Size0.9 Acres
Total Rooms--
Bedrooms41
Bathrooms21
Stories2
Year Built1949
Property TypeMulti Family
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$27,970
Property in Flood Zone--
We’ll connect you with top agents in your area.
Missing property details data
This property is missing data for:
Comparable properties, rental estimate, and sale history
New
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Access your homeowner dashboard
house
For Sale $9,150,000
Request tour
Save
Courtesy of Keller Williams Realty Los Feliz
11837 Laurelwood Dr
Studio City, CA 91604
41 Beds
21 Baths
19,143 Sq Ft
107 Days on Market

Listing Agent & Comments

Matthew R. KannerKeller Williams Realty Los Feliz
323-664-9033mkanner@thekannergroup.com License #01349203
We are proud to present a rare opportunity to purchase the stunning Historic-Cultural landmark #228, Trophy "Laurelwood Apartments," two 10-unit apartment buildings (separate APN#'s) in the International style of refined modernism, designed by the master architect Rudolph Schindler. Located in ultra-prime Studio City, these buildings are adjacent to major studios and cultural hotspots. 11833 & 11837 Laurelwood Drive are a short distance from the 101 Ventura (1.1 miles) and 405 San Diego (4.9 miles) Freeways, providing easy access to exceptional employment, lifestyle, and leisure options that make Studio City one of Los Angeles' premier neighborhoods/rental markets. Built in 1949 and designed by master architect R. M. Schindler, the property consists of two terraced 2-story buildings. Each building comprises a great unit mix: one with 10 (2+1) units and the other with 9 (2+1) units and 1 (3+2) unit. Units feature thoughtful interior layouts that enhance the sense of space and modernity, with first-floor units offering huge private patios and second-floor units boasting large terraces on the roofs of the units below. First-floor units offer huge private patios, and second-floor units boast large terraces on the roofs of the units below, enhancing the sense of space and modernity. Practical amenities include on-site carport parking, with 10 spaces available per building, and separate water heaters and metering for gas and electric utilities. Furthermore, the property's designation as a Los Angeles Historic-Cultural Monument with an existing Mills Act contract reduces property taxes in exchange for the owner committing to preserving the asset's architectural integrity. This A+ Studio City location "North of the Boulevard" provides unparalleled access to employment opportunities, such as the CBS studios within a block of the property and some of LA's iconic landmarks and culinary destinations, including the famous Sushi Row on Ventura Boulevard (0.2 miles) steps from the property. The nearby Carpenter Community Charter offers excellent educational opportunities, further enhancing the appeal for family-oriented tenants. Studio City, known for its strong demographics and limited competing luxury rental housing, vibrates with cultural and commercial vitality, fueled by its proximity to major entertainment and media hubs. Strategically located at the nexus of accessibility and architectural significance, this property stands as a prime asset in a vibrant and evolving market. It offers investors the potential for significant appreciation and robust returns (over 5.5% in-place CAP), bolstered by sustained high demand from tenants who are drawn to the area's dynamic lifestyle and the elevated experience of occupying a Schindler masterpiece. Additionally, the well-maintained asset presents an opportunity for further value creation through systematic enhancement of unit interiors as they turn over, which will attract tenants willing to pay premium rates for rentals that offer exclusive outdoor spaces and a connection to Southern California's architectural heritage, increasing the property's appeal in a high-demand rental market.

MLS# 24416587 • Data provided by CRMLS
Additional home details
Living Area19,143 Sq.Ft.
Lot Size0.9 Acres
Total Rooms--
Bedrooms41
Bathrooms21
Stories2
Year Built1949
Property TypeMulti Family
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$27,970
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$8,746,757
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
Missing property details data
This property is missing data for:
Comparable properties, rental estimate, and sale history
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $9,150,000
Request tour
Save
Courtesy of Keller Williams Realty Los Feliz