$ 3,950,000
-
$3,950,000
Price -
16
Bed -
16
Bath -
6,014
SqFt
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About the Listing V8040 - PVABDEJAM
Exceptional Investment Opportunity – Newly Constructed Fourplex with No Rent Control Presenting a rare opportunity to acquire a newly constructed fourplex in a prime Studio City location, offering no rent control, extremely low operating expenses, and multiple income strategies. This low-maintenance asset consists of four modern townhome-style units, each separately metered for gas, water, and electricity, making it ideal for both long-term and short-term rental investors. The property currently generates strong income with two rear units leased at $12,000/month combined and two front units operating as active Airbnb rentals producing approximately $13,693/month. Estimated overall cap rate of approximately 5.76%, with upside potential due to efficient construction and flexible use. Four newly built, three-level townhomes No rent control Fully furnished and Airbnb-ready, with active bookings in place 16 total rooms, all equipped with smart locks, flat-screen TVs, and mini-refrigerators Four fully equipped kitchens featuring sleek modern cabinetry, quartz countertops, and stainless steel appliances 16 high-end bathrooms with elegant finishes and modern vanities Private entrance for each unit In-unit washer and dryer for all residences Unit Layout: First Level: Reception area, bedroom, and full bathroom—ideal for guests or multi-generational living Second Level: Open-concept kitchen and living area, balcony, abundant natural light, additional bedroom and full bathroom Third Level: Two spacious primary suites, each with its own en-suite bathroom Parking & Security: Five assigned on-site parking spaces Two private garages EV charging Gated entry, security system, and surveillance cameras for added privacy and peace of mind Located in an A+ Studio City location, just moments from the shops, dining and entertainment, Universal Studios, CBS Studios, and major freeway access (101, 170, 134). Close proximity to parks, top restaurants, and the highly regarded Colfax Charter Elementary School further enhances long-term desirability. An ideal turnkey investment offering strong income, minimal maintenance, and exceptional location in one of the Valley’s most sought-after neighborhoods. Short-term rental use, including Airbnb, may be subject to local ordinances, registration, and permitting requirements. Buyer to conduct their own due diligence to confirm allowable use. Listing information regarding short-term rental income is not guaranteed.
Listing Highlights
Interior Details
- Bedrooms: 16
- Bathrooms: 16 Full
- Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Range, Disposal, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Water To Refrigerator, Water Heater, Dryer, Washer
- Air Cond: Central Air,ENERGY STAR Qualified Equipment,High Efficiency,Attic Fan
- Heating: Central,ENERGY STAR Qualified Equipment,High Efficiency
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Balcony,Granite Counters,Multiple Staircases,Open Floorplan,Quartz Counters,Recessed Lighting,Entrance Foyer,Multiple Primary Suites
- Water: Public
Exterior Details
- Lot Description: Back Yard,Front Yard,Garden,Paved,Rocks,Yard,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Zoning: LARD1.5
- Roof:
- Others: Copper Plumbing,2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2364010067
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
4453 Colfax Ave Studio City, CA 91602
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