The Coldwater Canyon Residences are a five unit property located at 4525 Coldwater Ave in Studio City, Los Angeles. The property has a desirable unit mix of (2) 2BR + 1 Bath and (3) 1 BR + 1 Bath units. The front unit is a spacious 2 BR + 1 Bath unit that has a private front yard. Behind the front 2 BR + 1 Bath is a 1 BR + 1 bath unit. Towards the back of the property is a gated parking structure that has parking for four cars. Above the parking structure is the other 2 BR + 1 bath units and two of the 1 BR + 1 Bath units. The total size of the property is approximately 4,078 SF and the size of the lot is, 6,498 SF with LAR3 Zoning. Some of the units have received tasteful renovations with hardwood floors, updated bathrooms and new kitchen appliances. The property generates a strong gross income of approximately $122,946 and has about 15% rental upside. The Coldwater Canyon Residences provide an excellent multi-family investment opportunity in one of the most highly sought after rental locations in all of Los Angeles and the San Fernando???????????????????????????????????????? Valley.
Info given is for the front home 12607 Kling however, public records are for 12603 Kling, the rear home. Two homes on one 13,000 sq ft lot. Each home has their own front and rear yards and their own garages. Rear home is 1 bedroom, 1 bath, kitchen, breakfast area, living room and sunroom. It was built in 1935 and moved to the rear location in 1960 and has a detached garage (possibly an ADU). It need some work but plenty of possibilities. Could add on and make larger. The front home was built in 1960 and updated in 2020 and has a new kitchen and 2 new baths, new AC, vinyl flooring and tile in the kitchen and baths. There is a bedroom and 3/4 bath downstairs no steps on first level and 2 bedrooms and large new bath upstairs. Direct access from garage into kitchen. Washer and dryer in the garage. This property is 3 blocks from Beeman Park.
(50% VACANT / OWNER USER POTENTIAL / ADU POTENTIAL) As the exclusive listing agent, we are pleased to present the opportunity to acquire The Hoffman, a unique *Fourplex property located in the highly sought-after Studio City submarket. This prime property is ideally positioned near major landmarks such as Radford Studio, upscale businesses, trendy restaurants, boutiques, and Ventura Place, offering a high-quality living experience in one of Los Angeles' most desirable neighborhoods. The Hoffman consists of a charming *4-unit building, originally constructed in 1928, with 2-bedroom units and stunning 1920s architectural details. The property sits on a lot size of 7,201 SF and offers a large building footprint of 4,538 SF, zoned LAR3-1-RIO, providing ample potential for future re-development or addition of ADU's. The Hoffman presents a rare opportunity to acquire a property in one of Studio City’s most highly desirable luxury areas, with potential for owner-user use, ADU development, and/or redevelopment. Originally constructed as a *Fourplex, the property was converted into a *Triplex in the 1970s by removing a small wall between the two upstairs units. This wall has since been reinstated, and both vacant upstairs units have undergone recent updates and renovations without permits. While the process to revert the property back to a *Fourplex was initiated, it remains incomplete. The buyer to verify the status of the permitting process and redevelopment potential. With 50% vacancy (2 of 4 units), this property provides investors with the opportunity to secure new tenants at market rents or take advantage of the owner-user potential. The detached garages at the rear of the property, which are also 50% vacant, may provide additional ADU potential—again, buyer to verify. Hoffman is ideally located in Studio City, one of Los Angeles’ most coveted neighborhoods, surrounded by renowned landmarks and local amenities. The property is within close proximity to Radford Studio, making it a prime location for industry professionals and creatives. Additionally, residents will enjoy the upscale businesses, high-end boutiques, and trendy restaurants that populate the area, particularly along Ventura Place. Ventura Place is known for its vibrant café culture, stylish eateries, and local farmers market, making it a central hub for both entertainment and commerce.
Investor/Developer opportunity. Collect rent while pursuing entitlements. Superb Studio City Arch Dr. location with tremendous potential. Commonly known as 4206,4208 and 4210 Arch Drive. Seller may opt for a 1031 exchange, buyer to cooperate at no cost to buyer. Minutes from freeways 101,134 and 170 as well as Universal Studios and City Walk.
Studio City is located in California.
