LOS ANGELES--(BUSINESS WIRE)--MATTHEWS REAL ESTATE INVESTMENT SERVICES™, the nation’s fastest growing commercial real estate firm, has been exclusively engaged to market for sale two multifamily buildings in Studio City and Toluca Lake, California. The properties are located at 10851 Moorpark Street in Studio City and 10760 Hortense Street in Toluca Lake. Both are located in prime markets, near major attractions and thruways, and are available for sale separately. The apartments offer investors a unique opportunity to take advantage of a well maintained multifamily investment in some of Los Angeles’ most popular rental markets.
10851 Moorpark Street in Studio City was built in 1964 and offers tenants secured entry, wall unit air conditioning, on-site laundry, covered parking and a lush courtyard. Located between Lankershim Boulevard and Vineland Avenue, the property is within two miles from major employers and attractions such as Warner Bros. Studios and Universal Studios. Made up of ten units, the building includes one bachelor unit, one single unit, seven one-bedroom units, and one two-bedroom unit.
Built in 1977, 10760 Hortense Street in Toluca Lake offers a gated entry, wall unit air conditioning, on-site laundry, open and tuck-under parking, and a peaceful courtyard. Tenants are provided with the essentials and amenities of living in a prime neighborhood. Located just off the 101 Freeway, 10760 Hortense offers quick and easy access to North Hollywood and Studio City. The building is made up of eight units which include one studio unit, five one-bedroom units, and two two-bedroom units.
For more information regarding the sale of 10851 Moorpark Street in Studio City or 10760 Hortense Street in Toluca Lake, please reach out to the listing brokers at Matthews™, Brandon Dicker and Daniel Withers.
About Matthews Real Estate Investment Services:
MATTHEWS REAL ESTATE INVESTMENT SERVICES™ is recognized as an industry leader in shopping center, STNL, Multifamily, Management, portfolio disposition and 1031 Exchange programs. The firm is headquartered in El Segundo, CA and serves clients throughout the United States and Canada. For more information, please visit WWW.MATTHEWS.COM.