LOCATION, LOCATION, LOCATION! This beautiful Studio City Cape Cod home with TWO separate, one bedroom units is truly a unique property in this neighborhood. It sits in the prime, Footbridge area of Studio City. The larger house is approx 1800 sq feet, is a two story with 3 bedrooms & 2 and a half bathrooms. The other two structures are each approx 550 sq feet and 420 sq feet, one bed, one bath; both with washer/dryers and both with outdoor seating areas. This home is zoned for the award winning Carpenter school district. Private schools like Campbell Hall, Harvard Westlake and Oakwood School are close by. Just a two and a half block walk to the bustling Ventura Boulevard, where you will find coffee shops, restaurants and boutiques along the strip. A Tesla charger is installed under the permanent carport.
Seller is MOTIVATED and will consider buyer closing cost credit to lower your interest rate!! With nearly a GROUND LEVEL access, this Turnkey Studio City property is located on a tucked away hidden and exceptionally private street; One of the BEST STREETS and locations in entire Studio City! Beautifully remodeled 2 Bedroom 2 bath main house with a newly built ADU & LOFT, offering style, flexibility, and strong income potential. Rent the front out for $8000+ and live in the ADU or live in the front and AIRBNB the ADU and get $8000+ for the adu ALONE. This makes this a great beautiful home and a great invesment! The main residence showcases a bright and inviting open floor plan with modern finishes, updated flooring, recessed lighting, a stylish remodeled kitchen, and a tasteful refreshed bathrooms designed for comfortable everyday living. The detached 600 square feet large ADU offers its own FULL PRIVATE yard & living space with its own clean contemporary design, making it perfect multi-generational living space, a private office, guest quarters, or (AirBNB) income-producing use. With 3 oversized french doors that leads to the ADU's front yard which is large enough to install a fancy BBQ station or a bar and still have a large area for table's and chairs. This ADU is super cute with plenty of natural light which makes is super dreamy and its a must see! Its PERFECT for an AIRBNB or to entertain a larger group of extra friend or family! All the outdoor areas have been thoughtfully improved to create a clean, usable, and inviting setting for entertaining, BBQ-ing & dining, or relaxing. With two separate FULLY PRIVATE living spaces, updated finishes, NEW ROOF, and multiple use options, this property is perfect for an owner-user, investor, or buyer looking for added value in a highly desirable Studio City location. A rare opportunity to own a move-in-ready property with ADU flexibility at $1,499,000. This is THE BEST DEAL IN ENTIRE STUDIO CITY, SO SUBMIT YOUR OFFER TODAY!!!
Fantastic rental 4-plex in an excellent Studio City location. Live in one and rent the rest! Built in 2022, this newer construction property features four spacious units, each offering 4 bedrooms and 4 bathrooms with modern finishes throughout. Low-maintenance ownership with flexibility for mid- or long-term tenancy. All units are separately metered. * 3 units to be delivered vacant * As a newer building, the property is currently exempt from local and state rent control until approximately 2037. 8 total parking spaces, including two EV charging stations, and numerous smart-home features, including keypad entry systems, smart appliances, HVAC controls, smoke detectors, and exterior security cameras, making remote monitoring and property management possible. Each unit offers central heating and air conditioning, as well as an in-unit washer and dryer. * For non-long-term occupancy use, two units and the common exterior areas are already equipped with guest-related signage, and one garage is currently reserved for owner storage. The property may be purchased furnished or unfurnished, including selected maintenance equipment and supplies. * For owner-occupants, the property is located within the highly regarded Blue Ribbon Colfax Charter School District and is conveniently close to restaurants, shopping, entertainment, and houses of worship. Studio City remains one of the San Fernando Valley’s most desirable neighborhoods, offering easy access to Hollywood, central Los Angeles, and surrounding areas.
4215 Vineland Ave is a 32-unit value add multifamily opportunity on a huge lot in the heart of Studio City, offered at $7,975,000 by a motivated Seller. The property features 20 vacant units ready for immediate renovation that would achieve a 6.5% plus cap rate after estimated interior and exterior renovation costs. The remaining 12 occupied units have over 75% rental upside that could be unlocked over time as additional tenants relocate.The property also presents a compelling development angle: our architect designer has developed a site plan for adding 12 additional units that include 4 attached ADUs and 8 detached ADUs. The plan was developed with an emphasis on keep building costs low and retaining at least 33 parking spaces. The 8 detached ADUs would be exempt from city and state rent control for 15 years. A preliminary bid from a licensed general contractor prices the construction of the 12 ADUs at $1,350,000, bringing the total unit count to 44 and the cap rate to an estimated 8.28%.This asset is in an excellent location. Only a 10-minute walk to Ventura Blvd and short distance to major studios such as Universal, Warner Brothers and NBC, tenants can enjoy a walking lifestyle with easy access to jobs, shops and restaurants. This is a rare opportunity to own a 32 or 44 unit that is almost completely upgraded in the heart of Studio City.
Studio City is located in California.
