29
See all 29 photos
$8,750,000
Est. payment /mo
46 Beds
45 Baths
28,494 SqFt
New
4215 Vineland AVE North Hollywood, CA 91602
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 28,494 sqft
Price per Sqft $307
MLS Listing ID 26637885
Bedrooms 46
HOA Y/N No
Year Built 1962
Lot Size 0.917 Acres
Property Description
4215 Vineland Avenue presents a rare opportunity to acquire a 32-unit value-add multifamily asset in the heart of North Hollywood, directly adjacent to Studio City. Built in 1962, the property offers an immediate path to upside with 20 units delivered vacant and potential to convert a pool/rec room into a legal StudioADU without the need for a build out. Additionally, investors can unlock the opportunity to add an additional 10 ADUs on the property per SB1211 (Buyer to verify). This is a phenomenal chance to execute a renovation program and stabilize at market rents without delay. The surrounding neighborhood continues to benefit from substantial residential and commercial development, driven by its proximity to major entertainment employers, transit corridors, and the retail and dining amenities of the NoHo Arts District and Studio City. This central SanFernando Valley location supports strong tenant demand and long-term rent growth, making 4215 Vineland Avenue a compelling investment for both private and institutional operators seeking scalable value-add potential in a high-performance rental market. Adjacent 10,592 square foot lot zoned R-3 is also available.
Location
State CA
County Los Angeles
Area Stud - Studio City
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Microwave, Refrigerator
Exterior
Parking Features Carport
Total Parking Spaces 33
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2366019028
Special Listing Condition Standard
Listed by Jeffrey Louks Marcus & Millichap
GET MORE INFORMATION