4525 Coldwater Canyon Avenue, Studio City, CA 91604

$1,620,000
7
BD
5
BA
4,078
SqFt

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List Agent Errol Spiro () 310-202-9166 Miller & Desatnik Realty Co.; CoList () Courtesy of Selling Office: Miller & Desatnik Realty Co., Errol Spiro - Selling Agent DRE# and Courtesy of Listing Office Miller & Desatnik Realty Co., Errol Spiro - Agent DRE#

Sold Price
$1,620,000
List Price
$1,795,000
Closing Date
Apr 16, 2025
Status
CLOSED
MLS#
25499719
Year Built
1938
Bedrooms
7
Bathrooms
5
Living Sq. Ft
4,078
Lot Size
6,500
Days on Market
34
Property Type
Multifamily
Stories
Two Levels

Property Description

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.

Additional Information

Appliances
Microwave, Refrigerator, Dryer, Washer
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Electric

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Calculator source: Real Geeks

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.