ActiveResidential · sale

12026 Hoffman Street 302

Studio City, CA 91604

$975,000

  • 3 beds
  • 3 baths
  • 1,600 sq ft
  • 0.36 acres
  • Built 2006

Listed by Equity Union · MLS #26693273

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12026 Hoffman Street 302, Studio City, CA 91604 · MLS #26693273

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The space opens seamlessly to an expansive living area featuring a sleek gas fireplace and private balcony, perfect for both relaxing and entertaining.

Year built

Built in 2006.

Property size

0.36 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Moments from the vibrant energy of Ventura Boulevard in Studio City, this beautifully updated 3BD/3BA condo showcases thoughtful design, an ideal floor plan, and generous living space across two levels. Upon entry, you'll find the well-appointed kitchen, complete with JennAir appliances, abundant cabinetry, and gleaming countertops. The space opens seamlessly to an expansive living area featuring a sleek gas fireplace and private balcony, perfect for both relaxing and entertaining. A bedroom and stylish full bath with hexagon tile and a shower-tub combination complete the main level, offering added convenience for guests. Upstairs, two light-filled bedrooms with ample closet space provide comfort and privacy. The spacious primary suite features a Touchstone electric fireplace, an oversized walk-in closet, and an ensuite bath with dual vanities, a soaking tub, and a step-in shower. Positioned on the opposite side of the unit, the secondary bedroom offers enhanced privacy and includes its own walk-in closet and ensuite bath with a shower-tub combination and bidet toilet. Additional highlights include a stacked washer and dryer conveniently located off of the bedrooms, two parking spaces in a gated garage, and access to community amenities such as a recreation room and gym. Located within the highly regarded Carpenter Community Charter School district and just moments from the Studio City Farmers Market, major film studios, and the best of Ventura Boulevard, this exceptional condo offers the perfect blend of comfort, style, and convenience. Also available for lease at $5,000/month.

THE NEIGHBORHOOD

Explore the location.

12026 Hoffman Street 302, Studio City, CA 91604

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2006
Full baths
3
Half baths
0
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,Refrigerator,Dryer,Washer
Pool
No
Pool features
None
Zoning
LAR3
Parcel
2368002078
HOA amenities
Water
HOA fee frequency
Monthly
HOA fee
$750.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,062.50
Cap rate

Annual operating income:

HOA: Includes $750.00 per month in HOA dues, converted from the $750.00 monthly fee reported by the listing source.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #26693273 · California Regional MLS

Listing brokerage: Equity Union
Listing agent: Andrew Dinsky

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.