CA > Studio City
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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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$9,975,000
Est. payment /mo
45 Beds
45 Baths
28,494 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 28,494 sqft

Price per Sqft $350

MLS Listing ID 25573909

Bedrooms 45

HOA Y/N No

Year Built 1962

Lot Size 0.917 Acres

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 Stud - Studio City

Zoning LAR3

Interior

Heating Central

Fireplace No

Exterior

Parking Features Assigned, Carport

Pool In Ground

Total Parking Spaces 35

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2366019028

Special Listing Condition Standard

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CRMLS – RECore
Listed by Jacob Plewa REMAX COMMERCIAL & INVESTMENT REALTY

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