Discover an exceptional investment opportunity at 4215 Vineland Ave, a 33-unit multifamily property in the heart of Studio City, CA. With 21 current vacancies, this property presents a rare chance to unlock substantial value through strategic lease-up and repositioning. The ability to construct eight additional Accessory Dwelling Units (ADUs) boosts the potential unit count to 41, offering an impressive 22% upside in unit count and revenue potential. Nestled in a highly desirable Studio City location just one block North of Ventura Blvd, this property benefits from strong rental demand, proximity to major entertainment hubs, and vibrant local amenities. The spacious lot and existing infrastructure provide a solid foundation for immediate cash flow and long-term growth. The seller is also offering the adjacent 10,592 SF lot, available together or separately, creating a unique opportunity for a large-scale redevelopment play. Combine both parcels to maximize value and capitalize on Studio City's thriving real estate market.
DAYS ON MARKET
|
2
|
LAST UPDATED
|
8/4/2025
|
YEAR BUILT
|
1962
|
COMMUNITY
|
STUD - Studio City
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AREA |
STUD - Studio City |
GARAGE |
Attached Garage |
HEAT |
Central |
LOT |
0.9175 acre(s) |
PARKING |
Attached, Assigned, Carport |
POOL DESCRIPTION |
In Ground |
STORIES |
2 |
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Listed with REMAX COMMERCIAL & INVESTMENT REALTY
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/5/25 1:34 PM PDT and /or other sources. 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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