Studio City (los Angeles), CA 91604,4180 Arch Drive
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Studio City (los Angeles), CA 91604,4180 Arch Drive
Studio City (los Angeles), CA 91604,4180 Arch Drive
Studio City (los Angeles), CA 91604,4180 Arch Drive
Studio City (los Angeles), CA 91604,4180 Arch Drive

$12,000,000

Est. payment /mo

$12,995,000

7.7%
Est.Price: ?

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4180 Arch Drive Studio City (los Angeles), CA 91604

30,364 SqFt

SOLD DATE : 12/11/2024

Key Details

Sold Price $12,000,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 30,364 sqft

Price per Sqft $395

MLS Listing ID CL24441023

Sold Date 12/11/24

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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Bridge MLS
Listed by David Saghian • Kidder Mathews of California, Inc.
Bought with DavidSaghian

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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