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Acama Townhomes

11607 Acama Street, Studio City Ca 91604
12 Units | 1971 Built | 16,048 SF
 Status: Active | Price: $4,195,000
$349,583 Cost Per Unit 
$261 Cost Per Foot
10.91 GRM* / 9.62 GRM(M)*
6.01% CAP* / 7.20% CAP (M)*

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PROPERTY OVERVIEW

Jared Levine of JML Real Estate Group / KW Commercial, the exclusive listing agent, is pleased to present Acama Townhomes, a generational 12-unit multifamily town home building located in the heart of Studio City — one of the San Fernando Valley’s most coveted and supply-constrained rental markets. Built in 1971, the property sits on an oversized 15,173 SF corner lot with a massive 16,048 SF building footprint, zoned LARD 1.5.  Acama Townhomes features an exceptional layout comprised entirely of two-story town home-style residences, offering spacious two- and three-bedroom floor plans with all bedrooms upstairs — a highly desirable design that delivers a distinctive living experience and functionality. Each unit includes two parking spaces and either a private balcony or patio.  Surrounded primarily by single-family homes and characterized by a unique wood facade that provides charming East Coast character, this captivation and generational asset presents investors with a rare opportunity to acquire a legacy property in one of the most stable and high-demand neighborhoods in the San Fernando Valley.

 

 

THE OPPORTUNITY

Acama Town homes presents a compelling value-add investment with potential upside through selective interior renovations and exterior modernization. The large town home layouts, strong in-place tenancy, and premier location create an ideal foundation for potential income growth and long-term appreciation.  Additional features include secure building access, an on-site laundry room, and ample parking with two spaces per unit — amenities that continue to attract and retain quality tenants. Long-term ownership further enhances the offering, as these generational Studio City assets rarely trade. With strong renter demand, attractive CAP rate and GRM metrics, and highly competitive cost per foot pricing, Acama Town homes provides investors with both stability and upside in one of the Valley’s top-performing sub-markets.

 

THE LOCATION

Strategically located in prime Studio City near Ventura Boulevard’s vibrant mix of cafes, boutiques, and dining, the property benefits from immediate access to lifestyle amenities and everyday conveniences. Residents enjoy proximity to major studios, employment centers, and highly regarded schools, making the area especially attractive to families and working professionals. Easy access to 101 and 134 Freeways ensures seamless connectivity throughout the Valley and Greater Los Angeles, reinforcing the property’s long-term desirability and consistent rental demand.

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HIGHLIGHTS

*Prime Studio City Location in one of the Valley’s most desirable rental markets

*Rare Generational Offering – long-term ownership, first time on the market in years

*100% Two-Story Townhome Residences delivering a distinctive luxury living experience

*Spacious Two- and Three-Bedroom Floorplans highly desirable and coveted by today’s tenants

*Two Parking Spaces Per Unit – excellent and highly sought-after parking ratio

*Private Balconies or Patios for every unit

*Secured Building Access with On-Site Laundry Facilities

*Oversized Corner Lot situated within a quiet, luxury residential neighborhood setting

*Value-Add Potential through renovations and modernization

*Attractive In-Place GRM & CAP Rate with competitive price per square foot

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* GRM and CAP Rate are approximate and subject to change.  Buyer to independently verify all information and shall rely on their own investigations

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JARED M. LEVINE CalBRE #01804008 | HIRSCH SHERMAN CalBRE #00710184

The representations contained on this internet page are based on information deemed reliable.  Buyer's and Seller's are advised to independently verify.  By visiting this site you acknowledge that KW Commercial, JML Real Estate Group, its staff, and partners do not make any warranties, promises or guarantee the accuracy of the information provided.  At no time without written consent, may anyone copy and/or duplicate any of the information provided within this website.  We highly advise consulting your CPA and attorney for legal, accounting, tax, and all other financial concerns. KW Commercial name and logo are used herein for information purposes only. COPY RIGHT 2022 | JML Real Estate Group  | All Rights Reserved | * Past or Present Awards

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