Prime Studio City 12 Unit Apartment Building For Sale - 11607 Acama Street

11607 Acama Street, Studio City, CA 91604

Acama Townhomes

12 Units | Built 1971 | 16,048 SF Building

$349,583 Cost Per Unit | $261 Cost Per Foot

10.91 GRM | 6.01% CAP

Jared Levine of JML Real Estate Group at KW Commercial is proud to exclusively present Acama Townhomes, a rare 12-unit multifamily investment opportunity located at 11607 Acama Street in Studio City, CA 91604 — one of the most desirable and supply-constrained rental markets in the San Fernando Valley.

This generational asset is being offered for sale for the first time in years and represents a unique opportunity to acquire a legacy property in a premier Studio City neighborhood surrounded primarily by luxury single-family homes.

Property Overview: A True Townhome-Style Multifamily Asset in Studio City

Built in 1971 and situated on an oversized 15,173 SF corner lot, Acama Townhomes offers an expansive 16,048 SF building footprint with 100% two-story townhome-style residences — a layout rarely found in the Studio City apartment market.

Unit Features:

• Spacious two- and three-bedroom floorplans

• All bedrooms located upstairs for enhanced privacy and functionality

• Two parking spaces per unit (exceptional parking ratio)

• Private balcony or patio for each residence

• Secure building access

• On-site laundry facilities

  
  

The property’s distinctive wood façade provides charming East Coast architectural character, giving it standout curb appeal and a true residential feel — unlike traditional garden-style apartment buildings.

For investors seeking Studio City townhome apartments for sale, Acama Townhomes delivers scale, character, and long-term upside in a boutique 12-unit format.

The Investment Opportunity: Value-Add Multifamily in Studio City

Acama Townhomes presents a compelling value-add investment opportunity in Studio City. With strong in-place tenancy and large, highly desirable layouts, investors have the ability to strategically enhance income through:

• Selective interior renovations

• Exterior modernization

• Rental repositioning over time

  
  

At $261 per square foot and $349,583 per unit, the property is competitively priced relative to comparable Studio City multifamily assets, while offering a 6.01% CAP rate and 10.91 GRM on in-place numbers.

Why This Deal Makes Sense:

• Stable, supply-constrained submarket

• Strong rental demand from families and professionals

• Rare 2- and 3-bedroom unit mix

• High parking ratio

• Long-term ownership history

• Generational asset with strong long-term appreciation potential

  
  

For investors searching for a Studio City 12-unit apartment building for sale, this offering provides both stability and upside — a combination that rarely comes to market.

The Location: Prime Studio City Near Ventura Boulevard

Acama Townhomes is strategically located just moments from Ventura Boulevard — the lifestyle epicenter of Studio City — offering residents:

• Popular cafes and restaurants

• Boutique shopping

• Entertainment and nightlife

• Proximity to major studios and employment hubs

• Highly regarded local schools

  
  

The property also benefits from quick access to the 101 and 134 Freeways, providing seamless connectivity throughout the San Fernando Valley and Greater Los Angeles.

Studio City remains one of the most resilient and in-demand rental markets in Los Angeles County, supported by limited new supply, strong demographics, and consistent tenant demand.

Investment Highlights

• Prime Studio City multifamily location

• 100% two-story townhome-style units

• Spacious 2BR & 3BR layouts

• Two parking spaces per unit

• Private balconies or patios

• Oversized corner lot (15,173 SF)

• 16,048 SF building

• LARD 1.5 zoning

• Generational ownership

• 6.01% CAP | 10.91 GRM

• $261 cost per foot

Why Studio City Multifamily Continues to Outperform

Investors continue to target Studio City apartment buildings due to:

• Strong tenant profile

• High barrier to entry

• Limited land for development

• Proximity to entertainment and media employment

• Long-term appreciation trends

  
  

Acama Townhomes checks all the boxes for investors seeking a long-term hold in a premium Los Angeles submarket.

Request the Offering Memorandum

Acama Townhomes represents a rare opportunity to acquire a 12-unit multifamily townhome property in prime Studio City with scale, architectural character, and long-term value-add upside.

For additional information, including the rent roll, financials or offering memorandum please contact: Jared Levine 📞 818.657.6556

JML Real Estate Group specializes in helping clients buy and sell apartment buildings and commercial real estate in Studio City and throughout the San Fernando Valley. With extensive experience advising investors on multifamily acquisitions, dispositions, 1031 exchanges, and value-add strategies, our team provides strategic guidance tailored to today’s evolving investment market.

If you are considering selling a Studio City apartment building or any commercial property in Los Angeles, we would be happy to prepare a complimentary, no-obligation Opinion of Value and discuss current market conditions, pricing trends, and buyer demand.