4156 Tujunga Ave - Apartments FOR SALE


Studio City, CA 91604
$1,995,000 USD
4156 Tujunga Ave, Studio City, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/8
null | 5.05% Cap Rate

4156 Tujunga Ave
Studio City, CA 91604


HIGHLIGHTS

  • Excellent Unit Mix Composed of 5 One-Bedroom and 1 Two-Bedroom Units — Well Suited for Today’s Market.
  • Just Steps Away From Ventura Boulevard and Tujunga-Moorpark Village, Offering a Myriad of Shopping and Dining Options!
  • Units #1, #3, #4 and #6 Beautifully Renovated with High-End Finishes, Offering a Modern Living Experience.

OVERVIEW

The Azzi Group of Marcus & Millichap is proud to present 4156 Tujunga Avenue, a beautifully upgraded six-unit multifamily investment opportunity in the heart of Studio City. Built in 1971 and spanning 4,614 square feet, this charming two-story property sits on a 6,345 SF lot with on-site parking for tenants. The property boasts a desirable unit mix of (5) one-bedrooms and (1) two-bedroom, with four units (#1, #3, #4, and #6) extensively renovated with high-end finishes to meet today’s modern renter expectations. With separately metered gas and electric in select units and master-metered water, operational efficiency is built-in. Located just steps from the vibrant Tujunga-Moorpark Village and Ventura Boulevard, tenants enjoy immediate access to top-tier restaurants, shops, and cafes. Conveniently positioned near the 101 Freeway, Woodbridge Park, and Universal Studios, this offering combines long-term upside with lifestyle-driven appeal.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$432 USD /SF

# OF UNITS

6

PRICE/UNIT

$332,500

CAP RATE

5.05%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LARD1.5

APN/PARCEL ID

2366-031-007

ASK ABOUT THIS PROPERTY

Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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