4087 Tujunga Ave, Los Angeles, CA 91604
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.
-7 UNITS units.
-Great Unit Mix! 1x (3 Bed / 2 Bath), 3x (2 Bed / 1Bath), 2x (1 Bed/1 Bath), 1x (Studio)
-Prime Studio City Location +Carpenter School District
-Tremendous Rental Upside across ALL Units
•ADDITIONAL INFO•
Property Type: Multifamily
Subtype: Apartment Building
Investment Type: Value Add
Square Footage: 6,364
Price/Sq Ft $436.
05
Cap Rate 4.
07%
Pro-Forma Cap Rate 6.
04%
NOI $112,881
Pro-Forma NOI$167,481
Units 7
Year Built1964
Year Renovated2022
Buildings 1
Stories 2
Zoning R3-1-RIO
Lot Size (sq ft) 6,041
Parking (per unit) 7
APN show contact info
Price/Unit $396,428.
57
Ground Lease No
Sale Condition 1031 exchange
DRE#02152274