Studio City, CA 91602,4215 Vineland Ave
Studio City, CA 91602,4215 Vineland Ave
Studio City, CA 91602,4215 Vineland Ave
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$9,450,000
Est. payment /mo
45 Beds
45 Baths
28,494 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 28,494 sqft

Price per Sqft $331

MLS Listing ID 25573909

Bedrooms 45

Year Built 1962

Lot Size 0.917 Acres

Acres 0.9175

Property Sub-Type Multi-Family

Property Description

Discover an exceptional investment opportunity at 4215 Vineland Ave, a 33-unit multifamily property in the heart of Studio City, CA. With 21 current vacancies, this property presents a rare chance to unlock substantial value through strategic lease-up and repositioning. The ability to construct eight additional Accessory Dwelling Units (ADUs) boosts the potential unit count to 41, offering an impressive 22% upside in unit count and revenue potential. Nestled in a highly desirable Studio City location just one block North of Ventura Blvd, this property benefits from strong rental demand, proximity to major entertainment hubs, and vibrant local amenities. The spacious lot and existing infrastructure provide a solid foundation for immediate cash flow and long-term growth. The seller is also offering the adjacent 10,592 SF lot, available together or separately, creating a unique opportunity for a large-scale redevelopment play. Combine both parcels to maximize value and capitalize on Studio City's thriving real estate market.

Location

State CA

County Los Angeles

Area Studio City

Zoning LAR3

Rooms

Other Rooms Pool House

Interior

Heating Central

Cooling Air Conditioning

Equipment None

Exterior

Parking Features Carport, Assigned, Attached

Garage Spaces 35.0

Pool In Ground

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by REMAX COMMERCIAL & INVESTMENT REALTY
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359

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