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Sold for $12,000,000
  • $12,000,000

    4180 Arch Dr, Studio City, CA 91604

    60beds
    60baths
    30,364sqft
    Multi Family
    Built in 1990
    -- sqft lot
    $10,206,300 Zestimate®
    $395/sqft
    $2,976 Estimated rent

    Home value

    $10,206,300

    $8.78M - $11.94M

    $2,976/mo

    Zestimate® history
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    $76,225/mo

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    What's special

    4180 Arch Drive, Studio City, CA 91604, is a well-maintained 36-unit multifamily property featuring 24 two-bedroom/two-bath units and 12 one-bedroom/one-bath units. Located on a quiet street off Arch and Ventura, this property is among only 24 buildings in Studio City, the top neighborhood in the San Fernando Valley, built after 1978 with 35 or more units. Falling under AB1482 rent control, it offers approximately 21% upside in rents. With its prime location in Studio City, renowned for its desirable lifestyle and amenities, this asset presents a compelling investment opportunity with significant rental growth potential in one of the most sought-after areas of the San Fernando Valley.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Saghian DRE # 01992252 818-231-5540,

    Kidder Mathews of California, Inc. 858-369-3010,

    Michael Monempour DRE # 01996829 310-883-7070,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    David Saghian, DRE # 01992252

    Kidder Mathews of California, Inc.

    Michael Monempour, DRE # 01996829

    Lyon Stahl Investment Real Estate, Inc.

    Source: CLAW,MLS#: 24-441023MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 60
    • Bathrooms: 60
    Heating
    • Fireplace(s), Central
    Cooling
    • Air Conditioning, Gas
    Appliances
    • Included: Dishwasher, Microwave, Washer, Refrigerator
    Features
    • Elevator
    Interior area
    • Total structure area: 30,364
    • Total interior livable area: 30,364 sqft

    Property

    Parking
    • Total spaces: 60
    • Parking features: Subterranean
    Features
    • Levels: Three Or More
    • Stories: 4
    Lot
    • Size: 0.38 Acres
    • Dimensions: 96 x 165
    Details
    • Additional structures: None
    • Zoning: LAR4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Cape Cod
    • Property subtype: Multi Family
    Condition
    • Year built: 1990

    Community & HOA

    Location
    • Region: Studio City

    Financial & listing details

    • Price per square foot: $395/sqft
    • Tax assessed value: $6,154,661
    • Date on market: 9/17/2024
    • Total actual rent: 993732

    Price history

    DateEventPrice
    12/11/2024Sold$12,000,000-7.7%$395/sqft
    Source: CLAW #24-441023 Report a problem
    11/1/2024Pending sale$12,995,000$428/sqft
    Source: CLAW #24-441023 Report a problem
    9/17/2024Listed for sale$12,995,000$428/sqft
    Source: CLAW #24-441023 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Studio City

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $10,206,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $10,206,300