12109 Hoffman St Studio City, CA 91604
Property details
About 12109 Hoffman St
(50% VACANT / OWNER USER POTENTIAL / ADU POTENTIAL) As the exclusive listing agent, we are pleased to present the opportunity to acquire The Hoffman, a unique *Fourplex property located in the highly sought-after Studio City submarket. This prime property is ideally positioned near major landmarks such as Radford Studio, upscale businesses, trendy restaurants, boutiques, and Ventura Place, offering a high-quality living experience in one of Los Angeles' most desirable neighborhoods. The Hoffman consists of a charming *4-unit building, originally constructed in 1928, with 2-bedroom units and stunning 1920s architectural details. The property sits on a lot size of 7,201 SF and offers a large building footprint of 4,538 SF, zoned LAR3-1-RIO, providing ample potential for future re-development or addition of ADU's. The Hoffman presents a rare opportunity to acquire a property in one of Studio City’s most highly desirable luxury areas, with potential for owner-user use, ADU development, and/or redevelopment. Originally constructed as a *Fourplex, the property was converted into a *Triplex in the 1970s by removing a small wall between the two upstairs units. This wall has since been reinstated, and both vacant upstairs units have undergone recent updates and renovations without permits. While the process to revert the property back to a *Fourplex was initiated, it remains incomplete. The buyer to verify the status of the permitting process and redevelopment potential. With 50% vacancy (2 of 4 units), this property provides investors with the opportunity to secure new tenants at market rents or take advantage of the owner-user potential. The detached garages at the rear of the property, which are also 50% vacant, may provide additional ADU potential—again, buyer to verify. Hoffman is ideally located in Studio City, one of Los Angeles’ most coveted neighborhoods, surrounded by renowned landmarks and local amenities. The property is within close proximity to Radford Studio, making it a prime location for industry professionals and creatives. Additionally, residents will enjoy the upscale businesses, high-end boutiques, and trendy restaurants that populate the area, particularly along Ventura Place. Ventura Place is known for its vibrant café culture, stylish eateries, and local farmers market, making it a central hub for both entertainment and commerce.
Highlights
Virtual tour
Summary
- MLS Number: SR25029886
- MLS Name: CRMLS
- Office Name: Keller Williams Realty Calabasas
- Office Email: jared@jaredmlevine.com
- Listing Agent: Jared Levine
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,394,000
12109 Hoffman St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 06, 2022 | Home Sold | $2,075,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $2,158,829 | $26,649 |
2023 | $2,116,500 | $26,135 |
2022 | $108,140 | $1,919 |
2021 | $106,021 | $1,870 |
2020 | $104,935 | $1,826 |
2019 | $102,878 | $1,661 |
2018 | $100,861 | $1,631 |
2017 | $98,884 | $1,631 |
History based on county public records data.
Nearby schools
10
Carpenter Community Charter
Public Charter KG-5
0.4 mi
•3909 Carpenter Ave
9
Colfax Charter Elementary
Public Charter KG-5
1.1 mi
•11724 Addison St
6
Riverside Drive Charter
Public Charter KG-5
1.5 mi
•13061 Riverside Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $108,456. Typical income of Studio City, CA residents is between $100k-200k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 12109 Hoffman St in Studio City, CA and zip code 91604 in the The San Fernando Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $2,394,000.
Over 212 listings were sold over their listed price in February 2025 in Studio City, CA. In the same period over 280 listings were sold below the listed price and 105 listings were sold for the listed price. Between January and February 2025, Studio City, CA real estate market has seen increase in the number of listings by 10.8%. In February 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $989,396.