4087 Tujunga AVE Studio City, CA 91604
Sale
$2,775,000
7 Units
12 Beds
8 Baths
6,364 Area(sq.ft.)
6,041 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,750 | $ 2,750 | $ 3,000 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,700 | $ 2,700 | $ 3,000 |
| Unit 3 | 1 | 2 | 1 | No | $ 1,500 | $ 1,500 | $ 3,000 |
| Unit 4 | 1 | 3 | 2 | No | $ 3,200 | $ 3,200 | $ 3,600 |
| Unit 5 | 1 | 1 | 1 | No | $ 1,500 | $ 2,150 | $ 2,500 |
| Unit 6 | 1 | 1 | 1 | No | $ 1,500 | $ 1,500 | $ 2,500 |
| Unit 7 | 1 | 1 | 1 | No | $ 1,000 | $ 1,000 | $ 1,900 |
| 7 | 7 | 12 | 8 | $ 14,150 | $ 14,800 | $ 19,500 |
| MLS #: | CV23161239MR |
| Days On Market: | 113 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 436 |
| Price per unit: | $ 396,429 |
| Year Built: | 1964 |
Property Details
Welcome 4087 Tujunga Avenue a remarkable 7-unit multi-family asset nestled in the heart of Studio City, the most coveted submarket within the vibrant San Fernando Valley. Boasting a diverse unit mix including 3, 2, 1-bedroom, and Studio layouts, each recently renovated with sleek modern appliances and luxurious hardwood floors, this property epitomizes contemporary living at its finest. Strategically located at the base of the illustrious Hollywood Hills and mere minutes away from major production studios, this locale possesses an undeniable allure, drawing a wide array of desired tenants and ensuring rapid occupancy for any vacant units. The benefits for the new owner are substantial a stable, low-risk investment generating impressive income with minimal tenant turnover.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 66,219 |
| Net Operating Income: | $ 106,635 |
| Actual Gross Rent: | $ 14,850 |
Structure
| Community Features: | Sidewalks, Street Lights |
| Security Features: | Card/Code Access |
| Style: | Traditional |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Zoning: | LAR3 |
| Land Lease Type: | Fee |
| Parking Garage: | Assigned, Built-In Storage, Driveway, Parking Space, Private |
Interior
| AC/Cooling: | Wall/Window Unit(s) |
| Heating: | Wall |
| Fireplace Rooms: | None |
| Laundry: | Gas Or Electric Dryer Hookup, Laundry Area, Room |
Exterior
| Exterior Construction: | Stucco, Wood Siding |
| Pool: | No |
| Roof: | Shingle |
| Spa: | No |
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Income
