4529 Colfax AVE Studio City, CA 91602
Pending
$1,875,000
4 Units
8 Beds
8 Baths
4,469 Area(sq.ft.)
5,750 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 2 | 2 | No | n/a | n/a | $ 3,000 |
Unit 2 | 1 | 2 | 2 | No | $ 2,575 | $ 2,575 | $ 3,000 |
Unit 3 | 1 | 2 | 2 | No | $ 2,795 | $ 2,795 | $ 3,000 |
Unit 4 | 1 | 2 | 2 | No | $ 2,795 | $ 2,795 | $ 3,000 |
4 | 4 | 8 | 8 | $ 8,165 | $ 8,165 | $ 12,000 |
MLS #: | BB25016341MR |
Days On Market: | 18 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 420 |
Price per unit: | $ 468,750 |
Year Built: | 2002 |
Property Details
Prime location 4-Unit property being offered for sale in Studio City. Built in 2002, the thoughtfully designed building offers ease of management with spacious 2-Bedroom, 2-Bathroom floor plans for all units. The ground floor apartments enjoy large private patios while the upstairs units have street facing balconies. Additional comforts for the residents include Central HVAC, In-unit Laundry connections and tandem off-street parking spaces. One unit will be delivered VACANT, creating an opportunity for an owner-occupant to purchase or increasing the overall revenue with a new tenant lease. In a market full of options, this turn-key property stands out as winning choice for your next investment. Conveniently located near Freeway access, Shops, Schools and local amenities.Interested in this Listing?
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Income Details
Rent Control: | Yes |
Total Annual Expense: | $ 35,978 |
Net Operating Income: | $ 62,002 |
Structure
Community Features: | Curbs, Sidewalks |
Sewer: | Public Sewer |
Water: | Public |
Land & Parking
Land Lease Type: | Fee |
Parking Garage: | Assigned |
Interior
AC/Cooling: | Central |
Heating: | Central |
Fireplace Rooms: | Living Room |
Laundry: | In Closet, Inside, Other |
Exterior
Pool: | No |
Roof: | Composition, Shingle |
Detailed Map
Schools
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