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$2,975,000
51 Days On Site

4300 Tujunga Avenue
Studio City, CA 91604

For Sale|Residential Income|Active
12
Beds
14
Total Baths
8,892
SqFt
$335
/SqFt
1963
Built
County:
Los Angeles
Listed by Alex Galuz of Keller Williams Realty Calabasas [email protected]
Call Now: 818-815-1949
Is this the listing for you? We can help make it yours.
818-815-1949
4300 Tujunga Avenue4300 Tujunga Avenue4300 Tujunga Avenue4300 Tujunga Avenue
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Prime Studio City 10 unit Asset Steps to Tujunga Village. Located just three buildings south from the heart of Tujunga Village, this 10 unit property sits in the one of Studio City's most vibrant and coveted micro - neighborhoods. Residents can walk to popular cafe's, chef driven restaurants, fitness studios and boutique shopping, all while enjoying the tree lined residential street that make this area so desired. The property's generous one and two - bedroom floor plans cater to today renters who prioritize space, flexibility and lifestyle. Whether roommates, work from home professionals, or young families , this unit mix supports strong long term tenancy and rental upside. The units are very large with a building size of nearly 9,000 sq ft. -This is best priced per foot asset in recent history of Studio City. - Day one cap rate of 5 % rental upside of nearly 25% -along with a sub $300k price per unit- make all the metrics here very attractive - This property is priced to sell. Ownership has been caring for this property since the 1980's. - Rarely do properties in this area come to market. Very constrained market. - Well kept and manicured property with updated units, new windows throughout, updated plumbing, ample parking in the rear for all 8 units. - ADU potential as the property has ample parking and a large 8700 sq ft lot. - Secured entry and beautiful courtyard. - On site laundry room. Studio City is one of the San Fernandos Valley's most desirable rental submarkets. Strong demand driven by proximity to major studios and entertainment employers. Easy access to Ventura Blvd , Hollywood and the Westside. Upscale neighborhood with consistent long - term tenant appeal.

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Listing Snapshot
Price 
$2,975,000
Days On Site 
51 Days
Bedrooms 
12
Inside Area (SqFt) 
8,892 sqft
Total Baths 
14
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2013 Acres
Year Built 
1963
MLS® Number 
26657261
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.2013
Levels 
Multi/Split
Number Of Stories 
2
Parking 
Carport
Parking Spaces 
9
Special Circumstances 
Standard
SqFt Total 
8892
Zoning 
LAR3
Interior Features
Appliances 
DishwasherDisposalRefrigerator
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Community Features
MLS Area 
STUD - Studio City


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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