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    4260 Laurel Canyon Boulevard

    Studio City, CA 91604
    • $3,200,000
    • STATUS: Active Under Contract
    • ON SITE: 77 days
    • ID#: SR21005117
    Under Contract
    UPDATED: 29 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 CRISNet MLS as of 2021-04-16T09:56:51.527. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR 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. 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.

    Based on information from the i-Tech MLS as of 2021-04-16T09:56:51.527. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/113720112
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    4260 Laurel Canyon Boulevard Studio City, CA 91604

    • Price: $3,200,000
    • Status: Active Under Contract
    • Updated: 29 min ago
    • ID#: 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 4.00 Fence YN Yes Fencing Stucco Wall Levels Three Or More Lot Features 2-5 Units/AcreLevelNear Public TransitPark Nearby Lot Size Area 5002.0000 Parking Total 8.00 Roof Flat

    Interior Features

    Appliances DishwasherGas OvenGas RangeRefrigerator Appliances YN Yes Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Laundry Features Dryer IncludedWasher Included Laundry YN Yes

    Property Features

    Accessibility Features Parking Additional Parcels YN No Association Fee 0.00 Association YN No Community Features ParkSidewalksStorm DrainsStreet LightsUrban Electric Standard Electric Expense 0.00 Fuel Expense 0.00 Gardener Expense 600.00 Gross Income 232800.00 Gross Multiplier 13.75 Gross Operating Income 223488.00 Gross Scheduled Income 232800.00 Insurance Expense 2412.00 Land Lease YN No Laundry Equipment Own Lease Own Maintenance Expense 596.00 Net Operating Income 179304.00 New Construction YN Yes New Taxes Expense 38976.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 0 Operating Expense 44184.00 Pool Features None Pool Private YN No Property Attached YN Yes Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Spa Features None Spa YN No Special Listing Conditions Standard Total Expenses 44184.00 Trash Expense 0.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 600.00 Water Source Public Zoning Lar3

    Listing provided courtesy of Lilach Depas, CA DRE# , of Century 21 Peak.


    Based on information from CRISNet MLS as of 2021-04-16T09:56:51.527. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR 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. 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.

    Based on information from the i-Tech MLS as of 2021-04-16T09:56:51.527. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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