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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
Sold in 57 days
11848 Moorpark St Unit B
Studio City, CA 91604
2 Beds
3 Baths
1,506 ft2
Sold for
$760,000 Estimate:
Estimated Payment:$2,925/mo
HOA:$557, Monthly

Best location in Studio Village! This sunny 2 bedroom, 2 1/2 bath unit is in the rear of the complex with L

A. River & canyon views and no noise from Moorpark. The living room has cathedral beam ceilings with a large skylight, wood burning fireplace, and a sliding door that lead to a private patio. The large formal dining room has built-in cabinetry, great for entertaining. A professionally designed chef's kitchen has top of the line stainless steel appliances, abundant cabinet space and opens to the den, overlooking the LA River. Both bedrooms upstairs are en-suite and the spacious master has a large walk-in closet and a bathroom with a double sink. Washer & dryer are located in the attached 2 car garage, which has ample cabinets for storage and a special outlet for an electric car. Studio Village has six pools, five spas & two tennis courts and is close to Tujunga Village and Ventura Blvd. for shopping and dining. Located in the coveted Carpenter Community Charter School.

Property type
Split Level
Year built
Direct Garage Access, Garage - Two, Garage - Attached
Lot Size
543271 sqft
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My NotesiThis is a place for you to write your thoughts and notes about this home. Only you will be able to see the notes.

My Home Features


Bedrooms: 2 | Room Types: Dining Room, Bedroom(s) - Master, Den/Office, Living Room


# of Full Bathrooms: 3
# of Quarter Bathrooms: 0
# of Half Bathrooms: 0
# of Three Quarter Bathrooms: 0


Features: Association Spa, Patio | Pool: true, Association, Heated, Heated And Filtered


Property Types: Residential, Townhome | Year Built: 1974 | Structure: Split Level | Architecture: Mediterranean | 1 floor | Floors: Wood, #OTHER

Garage & Parking

Parking: Direct Garage Access, Garage - Two, Garage - Attached


Lot size: 543271 sqft | Zoning: LARD1.5


County: Los Angeles | Real Estate Area: Studio City (STUD) | MLS #: 19461346


Condo Maintenance: Cable, Earthquake Insurance | HOA: STUDIO VILLAGE | HOA Dues: $557/ Monthly


Appliances: Dishwasher, Garbage Disposal, Refrigerator

Heating & Cooling

Air Conditioning: Air Conditioning, Central Air | Heating: Central Furnace | Fireplaces: true, Gas, Gas & Wood

Utilities & Security

Safety and Security: Community


Elementary School: CARPENTER COMMUNITY CHART | Middle School: WALTER REED | High School: N. HOLLYWOOD HIGH Estimated Value

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Property Tax

Price History

Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Bryan Abrams 

Listing courtesy of: Compass 

Tools for buyers

Data provided by: Palm Springs Regional Association of REALTORS®
Last detected update: June 30, 2019 06:28AM EST ~ Verified on November 10, 2019 06:25AM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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