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    4260 Laurel Canyon Boulevard

    Studio City, CA 91604
    • $3,200,000
    • STATUS: Active Under Contract
    • ON SITE: 103 days
    • MLS #: SR21005117
    Under Contract
    UPDATED: 73 min ago
    $3,200,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,013
      SQFT
    • $532
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2021
    County:

    School Ratings & Info

    Description

    CAP RATE OF 5.46%. 2021 non-rent-controlled Studio City fourplex moments away from the vibrant Ventura Blvd and with an easy access to the freeway! This luxurious property will attract tenants looking for a central location nearby the many entertainment and nightlife areas as well as many jobs and opportunities this area has to offer! Upon full occupancy, we estimate a conservative CAP RATE: 5.46%. 4260 Laurel Canyon Boulevard is made up of two standalone 3-story duplexes. The unit mix consists of four 3 bedroom, 2.5 bathroom units and two units with balconies. These units define upscale urban living, with expertly designed open floorplans, premium appliances, high ceilings, stunning grey cabinetry, double vanities in the majority of the bathrooms, eye-catching tilework and plenty of parking. Other perks to note include high return, a 1 year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters.School District its Carpenter Community Charter

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T10:33:28.523. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CARLILE Realty & Lending. Licensed in the State of California, USA.
    www.carlilerealty.com/homes/113720550
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    4260 Laurel Canyon Boulevard Studio City, CA 91604

    • Price: $3,200,000
    • Status: Active Under Contract
    • Updated: 73 min ago
    • MLS #: SR21005117
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    6,013
    SQFT
    $532
    $/SQFT
    2021
    Built
    Neighborhood:
    STUD - Studio City
    County:
    Los Angeles
    Area:
    STUD - Studio City
    Property Description
    CAP RATE OF 5.46%. 2021 non-rent-controlled Studio City fourplex moments away from the vibrant Ventura Blvd and with an easy access to the freeway! This luxurious property will attract tenants looking for a central location nearby the many entertainment and nightlife areas as well as many jobs and opportunities this area has to offer! Upon full occupancy, we estimate a conservative CAP RATE: 5.46%. 4260 Laurel Canyon Boulevard is made up of two standalone 3-story duplexes. The unit mix consists of four 3 bedroom, 2.5 bathroom units and two units with balconies. These units define upscale urban living, with expertly designed open floorplans, premium appliances, high ceilings, stunning grey cabinetry, double vanities in the majority of the bathrooms, eye-catching tilework and plenty of parking. Other perks to note include high return, a 1 year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters.School District its Carpenter Community Charter
    Exterior Features

    Carport Spaces 4 Carport YN Yes Fencing Stucco Wall Lot Features 2-5 Units/AcreLevelNear ParkNear Public Transit Number Of Separate Electric Meters 4 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Roof Flat Spa Features None Spa YN No

    Interior Features

    Accessibility Features Parking Appliances DishwasherGas OvenGas RangeRefrigeratorDryerWasher Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.6 Common Interest None Community Features Storm Drain(S)Street LightsSidewalksUrbanPark Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 232800 Gross Scheduled Income 232800 Insurance Expense 2412 Land Lease YN No Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 596 Net Operating Income 179304 New Construction YN Yes New Taxes Expense 38976 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 0 Operating Expense 44184 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 4 Water Sewer Expense 600 Water Source Public Zoning Lar3

    Listing provided courtesy of Lilach Depas of Century 21 Peak and Moshe Karmi of Standard Home Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T10:33:28.523. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CARLILE Realty & Lending. Licensed in the State of California, USA.
     
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    CARLILE Realty & Lending
    1860 Howe Avenue, Suite 100
    Sacramento CA, 95825