Generate solid income immediately with this turnkey investment within Studio City. Multi residential income property. 4 spacious units right in the heart of town. Close to everything, as it is centrally located. Absolute prime location. All 4 units are occupied and are 2 + 2. Each unit is approximately 1100+ sqft. Units are separately metered for gas and electricity. Every unit is equipped with in-unit laundry centers and newer central HVAC. First level units have large private patios and the upper units enjoy balconies facing the street view. Being 2002 built, the property is not subject to Rent Stabilization Ordinance,which puts this income property above the rest and makes it an easier investment choice. Eight parking spaces are available at the rear of the property. Please Do Not Disturb Occupants. Please Do Not walk on the property & please do not speak with tenants. Inspections only with accepted offer...
For sale
Listed by: RE/MAX of Santa Clarita • Vartaz Minassian • Contact: 661.993.5636
$2,200,000
4529 Colfax Ave, North Hollywood, CA 91602
8beds
8baths
4,469sqft
:
Get pre-qualified$14,598/mo
Quadruplex
Built in 2002
-- sqft lot
$2,128,900 Zestimate®
$492/sqft
$-- HOA
What's special
- 12 days |
- 107 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Vartaz Minassian DRE #01279548 661.993.5636,
RE/MAX of Santa Clarita
Source: CRMLS,MLS#: SR26152252
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Rooms
- Room types: Living Room, Primary Bathroom, Primary Bedroom, Other
Primary bedroom
- Features: Main Level Primary
Other
- Features: Walk-In Closet(s)
Heating
- Central, Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Oven, Gas Cooktop, Microwave, Water Heater, Dryer, Washer
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Closet, Stacked
Features
- Balcony, Open Floorplan, Recessed Lighting, Main Level Primary, Walk-In Closet(s)
- Flooring: Laminate, Tile
- Windows: Double Pane Windows, Screens
- Has fireplace: Yes
- Fireplace features: Gas, Gas Starter, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,469
- Total interior livable area: 4,469 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Asphalt, One Space, Tandem, Uncovered
- Uncovered spaces: 8
Accessibility
- Accessibility features: No Stairs
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level
- Pool features: None
- Spa features: None
- Fencing: Block,Wood
- Has view: Yes
- View description: None
Lot
- Size: 5,750 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 2364007041
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Turnkey
- New construction: No
- Year built: 2002
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: North Hollywood
Financial & listing details
- Price per square foot: $492/sqft
- Tax assessed value: $1,122,441
- Annual tax amount: $13,959
- Date on market: 7/27/2026
- Cumulative days on market: 12 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 12343
- Tenant pays: All Utilities
- Road surface type: Paved
Estimated market value
$2,128,900
$2.02M - $2.24M
$4,428/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $2,200,000+20.9%$492/sqft |
Source:  CRMLS #SR26152252 Report a problem | ||
| 3/11/2025 | Sold | $1,820,000-2.9%$407/sqft |
Source: CRMLS #BB25016341 Report a problem | ||
| 2/26/2025 | Pending sale | $1,875,000$420/sqft |
Source: CRMLS #BB25016341 Report a problem | ||
| 2/10/2025 | Contingent | $1,875,000$420/sqft |
Source: CRMLS #BB25016341 Report a problem | ||
| 1/23/2025 | Listed for sale | $1,875,000+141.9%$420/sqft |
Source: CRMLS #BB25016341 Report a problem | ||
| 6/5/2003 | Sold | $775,000+154900%$173/sqft |
Source: Public Record Report a problem | ||
| 5/21/2002 | Sold | $500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,959 +1.3% | $1,122,441 +2% |
| 2024 | $13,783 +1.9% | $1,100,433 +2% |
| 2023 | $13,521 +4.8% | $1,078,857 +2% |
| 2022 | $12,900 +1.4% | $1,057,704 +2% |
| 2021 | $12,725 -1% | $1,036,965 +1% |
| 2020 | $12,850 | $1,026,334 +2% |
| 2019 | $12,850 +5.2% | $1,006,211 +2% |
| 2018 | $12,217 | $986,482 +2% |
| 2017 | $12,217 +2.2% | $967,140 +2% |
| 2016 | $11,953 +2.6% | $948,178 +1.5% |
| 2015 | $11,649 +1% | $933,937 +2% |
| 2014 | $11,536 | $915,643 +2.5% |
| 2012 | -- | $893,634 +2% |
| 2011 | -- | $876,113 +0.8% |
| 2010 | -- | $869,566 -0.2% |
| 2009 | -- | $871,633 +2% |
| 2008 | -- | $854,543 +2% |
| 2007 | -- | $837,788 +2% |
| 2006 | -- | $821,362 |
| 2005 | -- | $821,362 +4% |
| 2004 | -- | $789,469 +69.9% |
| 2003 | -- | $464,610 +93.6% |
| 2002 | -- | $240,000 +581.4% |
| 2000 | -- | $35,222 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Studio City
Nearby schools
GreatSchools rating
- 8/10Colfax Charter Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Walter Reed Middle SchoolGrades: 6-8Distance: 0.1 mi
- 8/10North Hollywood Senior High SchoolGrades: 9-12Distance: 0.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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