4180 Arch Drive

Studio City, CA 91604

$12,995,000
Price
60
Beds
60
Baths
30,364 Sq. Ft.
$428 / Sq. Ft.
30,364
Sq. Ft.
$428
per Sq. Ft.

Description

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...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.
  1. Listed by David Saghian • DRE #01992252 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
  2. Listed by Michael Monempour • DRE #01996829 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 4180 Arch Drive

Zoning
LAR4
Style
Cape Cod
Parcel Number
2366025002
Total Units
36.0
Living Area
30364
Source Living Area
Vendor Enhanced
Area
Studio City (STUD)
Vacancy Rate
3%
LISTING UPDATED: 09/18/2024 09:28 AM

Property Details for 4180 Arch Drive

StatusActive
MLS #24-441023
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1990
Lot Size0.38 AC / 16,349 SF
CountyLos Angeles County

Building Information for 4180 Arch Drive

Stories4Residences-Year Built1990Building Size-Lot Size0.38 AC / 16,349 SF

Property Information for 4180 Arch Drive

Community / Development
Community / Development
  • Number Of Units: 36
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 4
  • Number Of Buildings: 1
  • Type Of Units: 2
  • Direction Faces: South
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $963,920
  • Net Operating Income: $639,733.00
  • Gross Income: $963,920
  • Cap Rate: 4.92%
  • Gross Rent Multiplier: $13.08
  • Actual Annual Gross Rent: $993,732.00
  • Actual Rent Total: $993,732.00
  • Total Annual Expense: 324187
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3753
  • Lot Size Square Feet: 16349
  • Lot Size Dimensions: 96x165
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Subterranean
  • Total Parking: 60
  • Parking Features: Subterranean
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling: Gas
  • Cooling Type: Air Conditioning, Gas
  • Heating: Fireplace(s), Central
  • Heating Type: Fireplace, Central
  • Equipment: Elevator, Dishwasher, Microwave, Washer, Refrigerator
  • Laundry: Washer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-17-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,445.00
  • Unit Actual Rent: $58,671.00
  • Unit Projected Rent: $70,800.00
  • Like Units: 24
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,928.00
  • Unit Actual Rent: $23,136.00
  • Unit Projected Rent: $28,200.00
  • Like Units: 12
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $4,420,960.00
  • Assessed Improvement Percent: 71.83
  • Assessed Land Value: $1,733,701.00
  • Assessed Land Percent: 28.17
  • Assessed Total Value: $6,154,661.00

Property History for 4180 Arch Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4180 Arch Drive

Taxable ValueLand$1,768,375Additions$4,509,379Total$6,277,754
Tax Record2023$77,418 ($6,451 / month)
Home Facts
Total Finished SqFt30,364 SqFtAbove Grade Finished SqFt30,364 SqFtLot Size16,344 SqFtStyleMulti-Family Res (5+ Units)Year Built1990ZoningLAR4CountyLOS ANGELESAPN2366-025-002

Schools near 4180 Arch Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Rio Vista Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Amelia Earhart Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4180 Arch Drive is a multi-family home for sale in Studio City, CA 91604. This property was listed for sale on September 17, 2024 by Kidder Mathews of California, Inc., it's currently listed at $12,995,000. It has been on the market for a total of 3 days and was last sold on December 28, 1990. This listing's school district is Los Angeles Unified School District. Nearby schools include Rio Vista Elementary School, Walter Reed Middle School and North Hollywood Senior High School. 4180 Arch Drive is a 60-bed, 60-bath, 30,364 sqft multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kidder Mathews of California, Inc., David Saghian, DRE #01992252; Lyon Stahl Investment Real Estate, Inc., Michael Monempour, DRE #01996829

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.