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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,299,000

Est. payment - /mo

6,242 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26095933

HOA Y/N No

Year Built 1939

Lot Size 6,242 Sqft

Property Sub-Type Duplex

Property Description

THOUGHTFULLY RENOVATED DUPLEX FOR HOME LIVING, RENTAL INCOME, AND MULTI-ADU OPPORTUNITY. Nestled in Studio City's historic Tujunga Village, this beautifully renovated duplex offers a rare chance to invest in one of the neighborhood's charming pockets. Enjoy your home (front or back unit) while subsidizing monthly mortgage payments with rental income from the other, or, rent both units out.

PROPERTY INCLUDES 2 UNITS. Each unit features 2-bedroom, 1-bathroom designs that have been thoughtfully updated and equipped for comfortable everyday living.
FRONT UNIT (4538 Tujunga Ave): 940 sq ft features a living room, in-unit washer/dryer, two-car side-by-side driveway parking, gas range/oven, refrigerator, dishwasher, and microwave range. It is currently tenant-occupied at monthly income payments of $3,060 with the potential for $3,700 a month in rent.
BACK UNIT (4536 Tujunga Ave): 840 sq ft feels like a private retreat and features an expansive private rear yard, detached garage/storage, in-unit washer/dryer, dishwasher, refrigerator, gas oven/range, BBQ grill, and microwave range.

MULTIPLE ADU OPPORTUNITY: Garage conversion plans for a 347 SF ADU were previously approved (May 2023) and can be resubmitted for streamlined city review. Potential for a second ADU in generous rear yard, subject to City approval.

This duplex property offers immediate access to some of the area's best shopping, dining, and cafés, including Aroma Coffee and Jon & Vinny's. Erewhon, Trader Joe's, and the vibrant Ventura Boulevard dining scene are all just minutes away. The property also enjoys close proximity to the NoHo Arts District, Toluca Lake, Sherman Oaks, Burbank, and Hollywood. With convenient freeway access and strong transit connectivity, Film and Television Studios, the Westside, and other major employment hubs are all within an easy commute. Zip code 91602.

Location

State CA

County Los Angeles

Area Stud - Studio City

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer

Exterior

Parking Features Assigned, Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Biking, Suburban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2366001012

Security Features Security System,Carbon Monoxide Detector(s)

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Julian Nan Del Rey Residential julian@delreyresidential.io, DRE #01928893

NEARBY SCHOOL & BUSINESS

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4538 Tujunga AVE Studio City, CA 91602