$ 12,995,000
4180 Arch Drive Studio City (los Angeles), CA 91604
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 12,995,000
Est. payment /mo
Pending
4180 Arch Drive Studio City (los Angeles), CA 91604
30,364 SqFt
UPDATED:
11/01/2024 05:49 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 30,364 sqft
Price per Sqft $427
MLS Listing ID CL24441023
HOA Y/N No
Year Built 1990
Lot Size 0.375 Acres
Acres 0.38
Property Description
4180 Arch Drive, Studio City, CA 91604, is a well-maintained 36-unit multifamily property featuring 24 two-bedroom/two-bath units and 12 one-bedroom/one-bath units. Located on a quiet street off Arch and Ventura, this property is among only 24 buildings in Studio City, the top neighborhood in the San Fernando Valley, built after 1978 with 35 or more units. Falling under AB1482 rent control, it offers approximately 21% upside in rents. With its prime location in Studio City, renowned for its desirable lifestyle and amenities, this asset presents a compelling investment opportunity with significant rental growth potential in one of the most sought-after areas of the San Fernando Valley.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR4
Interior
Heating Other
Cooling Other
Fireplace No
Laundry Washer
Building
New Construction No
Others
Tax ID 2366025002
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Listed by David Saghian • Kidder Mathews of California, Inc.