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4453 Colfax Avenue

Studio City, CA 91602
  • $3,999,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 22153639
$3,999,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Listing Agent(s): Daniel Lalezari of Keller Williams Hollywood Hills (310-623-1300)


Description

Welcome to 4453 Colfax Ave, an exceptionally unique non-rent controlled new construction fourplex in Studio City. This gorgeous, easy-to-maintain fourplex is made up of two duplexes consisting of four, 4 bedroom, 4 bathroom units each. We project an exceptional cap rate of 5.02%, which is impossible to find in this A+ location close to the new Shops at Sportman Lodge that features stores, shops, and restaurants including Erewhon, Equinox, and walkability to the nice restaurants and shops at Moorpark Tujunga Village. The units include a sleek modern kitchen with stainless steel appliances, high-quality finishes, balconies, inviting open floorplans, separate meters for gas, water & electric, low maintenance, and top desirability amongst renters for the location proximity to Universal Studios, over the hill to West Hollywood, Sherman Oaks and Toluca Lake. This is a trophy property in an amazing location that is an investor's dream, perfect for anyone with a 1031 EXCHANGE or anyone wanting an extraordinary fourplex in one of the best locations in all of Los Angeles with an amazing cap rate. The building is fully vacant and is ready to be leased immediately with the buyer's choice of renters.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128402029
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4453 Colfax Avenue Studio City, CA 91602

  • Price: $3,999,000
  • Status: Active
  • On Site: 22 Days
  • ID#: 22153639
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2022
Built
Neighborhood:
STUD - Studio City
County:
Los Angeles
Area:
STUD - Studio City
Property Description
Welcome to 4453 Colfax Ave, an exceptionally unique non-rent controlled new construction fourplex in Studio City. This gorgeous, easy-to-maintain fourplex is made up of two duplexes consisting of four, 4 bedroom, 4 bathroom units each. We project an exceptional cap rate of 5.02%, which is impossible to find in this A+ location close to the new Shops at Sportman Lodge that features stores, shops, and restaurants including Erewhon, Equinox, and walkability to the nice restaurants and shops at Moorpark Tujunga Village. The units include a sleek modern kitchen with stainless steel appliances, high-quality finishes, balconies, inviting open floorplans, separate meters for gas, water & electric, low maintenance, and top desirability amongst renters for the location proximity to Universal Studios, over the hill to West Hollywood, Sherman Oaks and Toluca Lake. This is a trophy property in an amazing location that is an investor's dream, perfect for anyone with a 1031 EXCHANGE or anyone wanting an extraordinary fourplex in one of the best locations in all of Los Angeles with an amazing cap rate. The building is fully vacant and is ready to be leased immediately with the buyer's choice of renters.
Exterior Features

Architectural Style Modern Parking Features None Parking Total 8

Interior Features

Appliances DishwasherDisposalMicrowaveRefrigeratorDryerWasher Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Community Features Gated Gross Income 0 Land Lease YN No Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 200600 New Construction YN Yes Rent Control YN No Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasWater Vacancy Allowance Rate 100 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Daniel Lalezari of Keller Williams Hollywood Hills (310-623-1300)