Multifamily
4441-45 Tujunga Ave
4441-45 Tujunga Ave, Los Angeles, CA 91602
Listing Price: $2,445,000
Cap Rate
5.15%
Number of Units
6
GRM
13.05
Price/Unit
$407,500
Price/Gross SF
$462.72
Gross SF
5,284
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 4441-45 Tujunga Ave, a six-unit investment opportunity located in the highly desirable 91602 zip code of North Hollywood.
Investment Highlights
- Prime Studio City Location – Steps from Tujunga Village and Ventura Boulevard with easy access to dining, retail, and major job centers.
- Attractive Unit Mix – Six 2-Bed / 1-Bath units averaging ±900 SF, ideal for both families and professionals.
- Value-Add Potential – Strong rental upside through interior upgrades and repositioning to market rents.
- Solid Submarket Fundamentals – High occupancy, limited supply, and strong demand driven by Studio City's lifestyle and employment base.
- Long-Term Redevelopment – Large lot in a highly desirable neighborhood with future development potential.
- On-Site Garage Parking: Property features three full-size garage bays, providing valuable on-site parking and storage, a highly sought-after amenity in the submarket.
Exclusively Listed By
Listing Price: $2,445,000
Cap Rate
5.15%
Number of Units
6
GRM
13.05
Price/Unit
$407,500
Price/Gross SF
$462.72
Gross SF
5,284
Investment Highlights
- Prime Studio City Location – Steps from Tujunga Village and Ventura Boulevard with easy access to dining, retail, and major job centers.
- Attractive Unit Mix – Six 2-Bed / 1-Bath units averaging ±900 SF, ideal for both families and professionals.
- Value-Add Potential – Strong rental upside through interior upgrades and repositioning to market rents.
- Solid Submarket Fundamentals – High occupancy, limited supply, and strong demand driven by Studio City's lifestyle and employment base.
- Long-Term Redevelopment – Large lot in a highly desirable neighborhood with future development potential.
- On-Site Garage Parking: Property features three full-size garage bays, providing valuable on-site parking and storage, a highly sought-after amenity in the submarket.
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 4441-45 Tujunga Ave, a six-unit investment opportunity located in the highly desirable 91602 zip code of North Hollywood.
Exclusively Listed By