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Sold on 11/01/2024
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4180 Arch Dr, Studio City, CA 91604

  • $12,000,000

    Last sold 11/01/2024 after 44 Days

  • 60

    bed

  • 60

    bath

  • 30,364

    Sqft ($395/Sqft)

Multi-family not for sale
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About 4180 Arch Dr

Property type Multi-family
Neighborhood
Year built 1990
HOA fee $0/month
Lot size 0.38 Acre
Property 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 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.
Listed by
Listing Agent - David Saghian
Listing Office - Kidder Mathews of California, Inc.
Source: The MLS mls logo
MLS#24-441023 • last updated 1 year ago
Movoto checked The MLS for data 7 minutes ago
Overview
Levels/Style Three Or More
MLS # 24-441023
Type Residential Income
Status Sold
SqFt 30364
Lot Size (SqFt) 16349
Lot Size (Acres) 0.3753
Year Built 1990
Interior
Total # of Baths 60
Total # of Bedrooms 60
Exterior
# Parking Spaces 60
Parking Desc Subterranean
Add'l Structures None
Amenities / Utilities
Equipment Elevator, Dishwasher, Microwave, Washer, Refrigerator
Location
County Los Angeles
Zoning LAR4
APN 2366-025-002
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 70800
Unit 1: # Beds 2
Unit 1: Rent 2445
Unit 2: Rent 1928
Unit 2: Furnished No
Unit 2: Projected Rent 28200
Unit 2: # Beds 1
Unit 2: # Baths 1
Unit 1: # Baths 2
Unit 2: Actual Rent 23136
Unit Type 2106, 2107
Unit 1: Actual Rent 58671
Total # Of Buildings 1
Total Rent 993732
Net Operating Income 639733
Annual Rent 993732
Cap Rate 4.92
Vacancy Rate 3%
Gross Income 963920
Gross Operating Income 963920
Gross Rent Multiplier 13.08
Total Annual Expenses 324187
We are not permitted to show value estimates for this property.
  • Dec 2024
    Public Records
  • Dec 11, 2024 Sold
    $12,000,000
  • Dec 2024
    mls logo MLS # 24-441023
  • Dec 11, 2024 Sold
    $12,000,000 (-7.7%)
  • Nov 1, 2024 Pending
    —
  • Sep 17, 2024 Listed
    $12,995,000
  • Year Property taxes Tax assessment
  • 2024
    $78,913 +1.9%
    $6,277,754 +2.0%
  • 2023
    $77,418 +4.8%
    $6,154,661
  • 2022
    $73,889 +1.4%
    $6,154,661 +4.04%
  • 2021
    $72,854 -1.0%
    $5,915,670 +1.04%
  • 2020
    $73,570
    $5,855,013
  • 4180 Arch Dr
    $12M
  • Studio City
    $1.89M -4% y/y
  • 91604
    $1.99M 0% y/y
  • Studio City
    $1.87M -6% y/y
No chart available
Statistics calculated by Movoto

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7/10
Walter Reed Middle School
public Grades 6-8
Los Angeles Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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