11607 Acama Street, Studio City, CA 91604

Property Description

**Prime Studio City | $261 a Foot | 10.9 GRM | 6% CAP** We are pleased to present Acama Townhomes, a generational 12-unit multifamily townhome 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 townhome-style residences, offering spacious two- and three-bedroom floorplans 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 façade 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. Acama Townhomes presents a compelling value-add investment with potential upside through selective interior renovations and exterior modernization. The large townhome 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 Townhomes provides investors with both stability and upside in one of the Valley’s top-performing submarkets. 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.