4180-4184 Arch Dr | Studio City, CA 91604
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- LoopNet Team
4180-4184 Arch Dr
Studio City, CA 91604
Arch Court Apartments · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- Prime Studio City Location - Adjacent to Toluca Lake. Property is in close proximity to many fine dining, shopping & entertainment options.
- Limited Competition: As one of only 24 properties in Studio City built after 1978 with 35 or more units
- Property is well-maintained and in Excellent Condition. Brand new roof recently installed.
- Strong Unit Composition: The property consists of 36 units, including 24 two-bedroom/two-bath and 12 one-bedroom/one-bath units
- Built in 1990, the property falls under AB1482 rent control, providing stability while still offering substantial upside potential
- Value Add Investment with 21% Upside in Market Rents
PROPERTY FACTS
| No. Units | 36 | Building Size | 30,364 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1990 |
| Building Class | C | Parking Ratio | 1.18/1,000 SF |
| Lot Size | 0.38 AC | ||
| Zoning | LAR4 | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 30,364 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1990 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | LAR4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Kitchen
- Carpet
SITE AMENITIES
- Controlled Access
- Recycling
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | $1,840 | 700 |
| 2+2 | 24 | $2,383 | 900 - 1,000 |
PROPERTY TAXES
| Parcel Number | 2366-025-002 | Improvements Assessment | $5,000,000 |
| Land Assessment | $7,000,000 | Total Assessment | $12,000,000 |
PROPERTY TAXES
Parcel Number
2366-025-002
Land Assessment
$7,000,000
Improvements Assessment
$5,000,000
Total Assessment
$12,000,000
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