$2,775,000 Price Analysis   ♡   Studio City, CA 91604 12 bed 8 bath 6,364 SqFt ($436/SqFt) 6,041SqFt lot. Built 1964 Listed 2023-11-13, Taxes $24,887 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Welcome 4087 Tujunga Avenue a remarkable 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 layout s, 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 producton studios, this locale possesses an undeniable allure, drawing a wide array of desired tenants and ensuring rapid occupancy for any vacant units. The benefits for the new owner are substantial a stable, low-risk investment generating impressive income with minimal tenant turnover.
Presented by Nicholas Nasser at
AGENCY 8 REAL ESTATE, INC.
Property MLS #CV23161239 from CRMLS
Bedrooms: 12
Balcony
Open Floorplan
Quartz Counters
Flooring: Laminate, Vinyl
Open Floorplan
Quartz Counters
Flooring: Laminate, Vinyl
Kitchen, Living Room, Loft, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
Laundry Features: Common Area, Gas & Electric Dryer Hookup, Individual Room
Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Furnace
Heating: Yes
Heating Features: Wall Furnace
Heating: Yes
Full Bathrooms: 8
Lighting
Fencing: Fence YN: Yes, Fencing: Security, Wood
Road Frontage Type: Alley, City Street
Road Surface Type: Paved
Fencing: Fence YN: Yes, Fencing: Security, Wood
Road Frontage Type: Alley, City Street
Road Surface Type: Paved
Lot Description: 6-10 Units/Acre, Level with Street, Rectangular Lot, Level, Paved, Walkstreet
Lot Size Acres: 0.1386823
Lot Size Source: Assessor
Lot Size Square Feet: 6041
Lot Size Acres: 0.1386823
Lot Size Source: Assessor
Lot Size Square Feet: 6041
Garage Spaces: 6
Parking Features: Parking YN: Yes, Parking Features: Assigned, Built-In Storage, Attached Carport, Driveway, Concrete, Paved, On Site, Parking Space, Private
Parking Total: 7
Parking Features: Parking YN: Yes, Parking Features: Assigned, Built-In Storage, Attached Carport, Driveway, Concrete, Paved, On Site, Parking Space, Private
Parking Total: 7
Number of Units: 7
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 5600.00
Maintenance Expense: 5600.00
Rent Control: Yes
Community Features: Sidewalks, Street Lights
Source Listing Status: Active
County: Los Angeles
Other Expense: 8878.00
Source Property Type: Residential Income
Insurance Expense: 1909.00
Area: STUD - Studio City
Source Neighborhood: STUD - Studio City
New Taxes Expense: 36875.00
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 2368020037
Postal Code Plus 4: 3054
Professional Management Expense: 6237.00
Zoning: LAR3
Source System Name: C2C
County: Los Angeles
Other Expense: 8878.00
Source Property Type: Residential Income
Insurance Expense: 1909.00
Area: STUD - Studio City
Source Neighborhood: STUD - Studio City
New Taxes Expense: 36875.00
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 2368020037
Postal Code Plus 4: 3054
Professional Management Expense: 6237.00
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $367,777 + $1,668,164 $2,035,941 | $24,887 |
| 2021 | $360,566 + $1,635,455 $1,996,021 | $24,567 |
| 2020 | $356,869 + $1,618,686 $1,975,555 | $24,812 |
| 2019 | $349,872 + $1,586,948 $1,936,820 | $23,846 |
| 2018 | $343,012 + $1,555,832 $1,898,844 | $23,717 |
| 2017 | $336,287 + $1,525,326 $1,861,613 | $23,166 |
| 2016 | $329,694 + $1,495,418 $1,825,112 | $22,613 |
| 2015 | $291,000 + $1,291,000 $1,582,000 | $19,718 |
| 2014 | $275,500 + $1,224,500 $1,500,000 | $19,192 |
| 2013 | $225,000 + $1,000,000 $1,225,000 | $15,900 |
| 2012 | $225,000 + $1,000,000 $1,225,000 | $16,414 |
| 2010 | $225,000 + $1,000,000 $1,225,000 | $16,405 |
| 2009 | $303,080 + $1,374,688 $1,677,768 | $21,307 |
| 2009 | $225,000 + $1,000,000 $1,225,000 | $21,307 |
| 2008 | $297,138 + $1,347,734 $1,644,872 | $20,401 |
| 2007 | $291,312 + $1,321,308 $1,612,620 | $19,713 |
Listed 2023-11-13
$2,775,000
CRMLS
Listing removed 2021-11-17
$0
TheMLSCLAW
Price Changed 2021-10-11
$2,850,000
TheMLSCLAW
Price Changed 2021-09-23
$2,875,000
TheMLSCLAW
Price Changed 2021-07-19
$2,895,000
TheMLSCLAW
Listed 2021-06-09
$2,950,000
TheMLSCLAW
Sold 2005-04-18
$1,550,000
CRISNET
Sold 2003-04-25
$770,000
Public Record
Sold 1989-05-09
$630,000
Public Record
Sold 1987-09-15
$380,000
Public Record
$2,775,000
CRMLS
Listing removed 2021-11-17
$0
TheMLSCLAW
Price Changed 2021-10-11
$2,850,000
TheMLSCLAW
Price Changed 2021-09-23
$2,875,000
TheMLSCLAW
Price Changed 2021-07-19
$2,895,000
TheMLSCLAW
Listed 2021-06-09
$2,950,000
TheMLSCLAW
Sold 2005-04-18
$1,550,000
CRISNET
Sold 2003-04-25
$770,000
Public Record
Sold 1989-05-09
$630,000
Public Record
Sold 1987-09-15
$380,000
Public Record
Net Operating Income: 106635.00
Total Square Feet Living: 6364
Year Built: 1964
Building Features: 1
Common Walls: No Common Walls
Construction Materials: Stucco, Wood Siding
Entry Level: 1
Entry Location: 1
Property Age: 60
Property Condition: Turnkey
Roof: Shingle
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
House Style: Traditional
Year Built Source: Assessor
Year Built: 1964
Building Features: 1
Common Walls: No Common Walls
Construction Materials: Stucco, Wood Siding
Entry Level: 1
Entry Location: 1
Property Age: 60
Property Condition: Turnkey
Roof: Shingle
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
House Style: Traditional
Year Built Source: Assessor
Electric: Standard
Electric Expense: 6220.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Cable Available
Cable Connected
Electricity Connected
Natural Gas Connected
Phone Available
Phone Connected
Sewer Available
Sewer Connected
Water Available
Water Connected
Water Source: Public
Electric Expense: 6220.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Cable Available
Cable Connected
Electricity Connected
Natural Gas Connected
Phone Available
Phone Connected
Sewer Available
Sewer Connected
Water Available
Water Connected
Water Source: Public
Parking
Rio Vista Elementary School is a public elementary school located approximately 0.7 miles away.
Map directions
Map directionsWalter Reed Middle School is a public middle school located approximately 0.8 miles away.
Map directions
Map directionsNorth Hollywood Senior High School is a public high school located approximately 1.7 miles away.
Map directions
Map directionsAbc Little School, Studio City is a private elementary school located approximately 0.7 miles away.
Map directions
Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.