4180 Arch Drive, Studio City, CA 91604
- $12,000,000
- 60
- BD
- 60
- BA
- 30,364
- SqFt
List Agent David Saghian () 818-231-5540 Kidder Mathews of California, Inc.; CoList () Courtesy of Selling Office: Kidder Mathews of California, Inc., David Saghian - Selling Agent DRE# and Courtesy of Listing Office Kidder Mathews of California, Inc., David Saghian - Agent DRE#
- Sold Price
- $12,000,000
- List Price
- $12,995,000
- Closing Date
- Dec 11, 2024
- Status
- CLOSED
- MLS#
- 24441023
- Year Built
- 1990
- Bedrooms
- 60
- Bathrooms
- 60
- Living Sq. Ft
- 30,364
- Lot Size
- 16,349
- Days on Market
- 45
- Property Type
- Multifamily
- Style
- Cape Cod
- Stories
- Three Or More Levels
Property Description
4180 Arch Drive, Studio City, CA 91604, is a well-maintained 36-unit multifamily property featuring 24 two-bedroom/two-bath units and 12 one-bedroom/one-bath units. Located on a quiet street off Arch and Ventura, this property is among only 24 buildings in Studio City, the top neighborhood in the San Fernando Valley, built after 1978 with 35 or more units. Falling under AB1482 rent control, it offers approximately 21% upside in rents. With its prime location in Studio City, renowned for its desirable lifestyle and amenities, this asset presents a compelling investment opportunity with significant rental growth potential in one of the most sought-after areas of the San Fernando Valley.
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Additional Information
- Appliances
- Dishwasher, Microwave, Refrigerator, Washer
- Heat
- Central, Fireplace(s)
- Cooling
- Yes
- Cooling Description
- Gas
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.