Studio City real estate area overview

Studio City

Studio City is a highly desirable neighborhood in the southeast San Fernando Valley, popular among multifamily investors seeking strong rental demand, convenient location, and a balanced lifestyle appeal.

Located just west of the Cahuenga Pass, Studio City is roughly bounded by the 101 Freeway to the south, Mulholland Drive and the Santa Monica Mountains to the north, Lankershim Boulevard to the east, and Coldwater Canyon Boulevard to the west. Ventura Boulevard serves as the main commercial artery, offering a vibrant mix of upscale dining, shopping, entertainment, and local amenities.

The neighborhood borders Sherman Oaks to the west, North Hollywood and Toluca Lake to the east, and is in close proximity to Universal City. Residents enjoy easy access to major studios (including CBS Studio Center, Universal Studios Hollywood, and Warner Bros.), hiking trails with hillside views, the Studio City Farmers Market, and cultural attractions like the Hollywood Bowl.

2025 Studio City Multifamily Market Statistics at a Glance

Studio City Annual Multifamily Apartment Building Sales Statistics*

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Buildings Sold: 17

Avg. Sale Price: $2,566,265

Avg. Price/Unit: $316,489

Avg. Months to Sale: 2.7 mos

Avg. Price/SF: $287

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Average Rent vs Vacancy Rate- Historical & Estimated

Average market rent and vacancy rate for multifamily units in Studio City California
2025 Q3:  Studio City, California multifamily residential unit average Rent: $2,500 Average Vacancy Rate: 5.4%

2025 average grm and cap rate for multifamily apartment buildings sold in Studio City California

Average GRM and Cap Rate- Historical

2025: Studio City, California multifamily apartment buildings sold average GRM: 13.5, Cap Rate 4.8%

Number of Multifamily Buildings Sold- Historical

Number of multifamily apartment buildings sold in Studio City California in 2025
2025: Studio City, California multifamily apartment buildings Sold: 17

Average Price/Unit and Price/SF- Historical

Average GRM and Cap Rate for multifamily apartment buildings sold in Studio City California
2025: Studio City, California multifamily properties sold average Price/Unit Sold: $316,489 Price/SF Sold: $287

Historical and estimated market statistics for the Studio City, California multifamily apartment building submarket. The graphs above show the average Price/Unit, Price/SF, GRM, Cap Rate, Rent and Vacancy for Studio City multifamily apartment buildings for the years 2020-2025. 
*All data has been obtained from CoStar. Jake Plewa, the Taksa Investment Group and ReMax Commercial cannot guarantee the accuracy of the data above. The graphs and statistics are for information purposes only. 

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