4511 Coldwater Canyon Avenue new Save Request In-Person Tour Request Virtual Tour
Studio City,CA 91604
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25124398
Bedrooms 2
HOA Y/N No
Lot Size 6,327 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
4511 Coldwater Canyon Ave presents a rare ve-unit multifamily opportunity in the heart of Studio City. Built in 1984, the property consists of (5) spacious two-bedroom, 2.5-bathroom townhouse-style apartments averaging 1,380 SF each. Units feature private balconies, high ceilings, and select units offer direct parking access or private garages. The building totals approximately 6,938 SF on a 6,350 SF lot and is offered at $2,885,000 ($415/SF). This well-maintained asset offers over 25% upside potential through interior upgrades and rent increases. With alley access and the possibility of adding 12 ADUs (buyer to verify with the City of Los Angeles), it represents a strong value-add play. Located between the 134 Freeway and Ventura Blvd, the property is within walking distance to Erewhon Market, the newly developed Sportsmans Lodge shopping center, and other high-end retail, dining, and lifestyle amenities. It also excellent opportunity for conversion to Condominium (check with City no Guarantee from the Seller
4511 Coldwater Canyon Ave presents a rare ve-unit multifamily opportunity in the heart of Studio City. Built in 1984, the property consists of (5) spacious two-bedroom, 2.5-bathroom townhouse-style apartments averaging 1,380 SF each. Units feature private balconies, high ceilings, and select units offer direct parking access or private garages. The building totals approximately 6,938 SF on a 6,350 SF lot and is offered at $2,885,000 ($415/SF). This well-maintained asset offers over 25% upside potential through interior upgrades and rent increases. With alley access and the possibility of adding 12 ADUs (buyer to verify with the City of Los Angeles), it represents a strong value-add play. Located between the 134 Freeway and Ventura Blvd, the property is within walking distance to Erewhon Market, the newly developed Sportsmans Lodge shopping center, and other high-end retail, dining, and lifestyle amenities. It also excellent opportunity for conversion to Condominium (check with City no Guarantee from the Seller
Location
State CA
County Los Angeles
Area Studio City (91604)
Zoning Assessor
Interior
Cooling Central Forced Air
Appliance Forced Air Unit
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $103
Space Rent $3,050