4180 Arch Dr Studio City, CA 91604
36-Unit AB-1482 Building in Studio City
SOLD: $12,000,000 CAP RATE: 5.4% GRM: 11.86 PRICE PER SQUARE FOOT: $395
4180 Arch Drive in Studio City is a well maintained thirty six unit multifamily property situated on a quiet residential street just off Ventura Blvd and adjacent to Toluca Lake. The building features a strong unit mix with twenty four two bedroom two bath units and twelve one bedroom one bath units, offering an attractive blend of floorplans for renters in one of the most sought after pockets of the San Fernando Valley.
Built in 1990, the property falls under AB1482 rent control yet still offers significant value add potential with approximately twenty one percent upside in market rents. The asset is one of only twenty four buildings in all of Studio City that were constructed after 1978 with thirty five or more units, creating a rare competitive advantage in a tightly supplied submarket.
The property has been exceptionally well maintained with a newly installed roof and clean common areas throughout. Its prime Studio City location provides immediate access to top tier dining, shopping and entertainment options, making it a highly desirable rental destination.
With its limited competition, strong unit composition and meaningful rental growth potential, 4180 Arch Drive presents a compelling investment opportunity in one of the most coveted neighborhoods in the San Fernando Valley.
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
Exclusively Listed & Sold By:
David Saghian
(310) 401-1559
dsaghian@lyonstahl.com