Studio City Mid- & Long-Term 4-plex

Description:

Fantastic 4-plex in an excellent location in Los Angeles' Studio City. Built in 2022, this newer construction property features four spacious units, each offering 4 bedrooms and 4 bathrooms with modern finishes throughout. Low-maintenance ownership with flexibility for mid- or long-term tenancy. All units are separately metered, including trash service. As a newer building, the property is currently exempt from local and state rent control until approximately 2037.

The property includes two EV charging stations and numerous smart-home features, including keypad entry systems, smart appliances, HVAC controls, smoke detectors, and exterior security cameras, making remote monitoring and property management possible. Each unit offers central heating and air conditioning, as well as in-unit washer and dryer.

For non-long-term occupancy use, two units and the common exterior areas are already equipped with guest-related signage, and one garage is currently reserved for owner storage. The property may be purchased furnished or unfurnished, including selected maintenance equipment and supplies.

Studio City is one of LA’s most resilient, high-demand pockets. Tucked in a premium residential pocket near Moorpark and Colfax, you’re just minutes from the major studios like Radford Studios and NBCUniversal, as well as the bustling Ventura Boulevard corridor. The local demographic is highly affluent—averaging over $122k in household income—which translates to a high-earning, reliable tenant base willing to pay a premium to live here. Because Studio City has notoriously high barriers to entry and minimal rental vacancies, this property offers incredible downside protection along with long-term rental upside. Plus, with quick access to the 101 and the Metro station, commuting into Burbank, Hollywood, or Downtown LA is a breeze, making this a solid addition to any investor's portfolio.

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