North Hollywood, CA 91602,4215 Vineland Ave
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North Hollywood, CA 91602,4215 Vineland Ave
North Hollywood, CA 91602,4215 Vineland Ave
North Hollywood, CA 91602,4215 Vineland Ave
North Hollywood, CA 91602,4215 Vineland Ave
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$ 8,750,000
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4215 Vineland Ave North Hollywood, CA 91602

46 Beds

45 Baths

28,494 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 28,494 sqft

Price per Sqft $307

MLS Listing ID 26637885

Bedrooms 46

Year Built 1962

Lot Size 0.917 Acres

Acres 0.9175

Property Sub-Type Multi-Family

Property Description

4215 Vineland Avenue presents a rare opportunity to acquire a 32-unit value-add multifamily asset in the heart of North Hollywood, directly adjacent to Studio City. Built in 1962, the property offers an immediate path to upside with 20 units delivered vacant and potential to convert a pool/rec room into a legal StudioADU without the need for a build out. Additionally, investors can unlock the opportunity to add an additional 10 ADUs on the property per SB1211 (Buyer to verify). This is a phenomenal chance to execute a renovation program and stabilize at market rents without delay. The surrounding neighborhood continues to benefit from substantial residential and commercial development, driven by its proximity to major entertainment employers, transit corridors, and the retail and dining amenities of the NoHo Arts District and Studio City. This central SanFernando Valley location supports strong tenant demand and long-term rent growth, making 4215 Vineland Avenue a compelling investment for both private and institutional operators seeking scalable value-add potential in a high-performance rental market. Adjacent 10,592 square foot lot zoned R-3 is also available.

Location

State CA

County Los Angeles

Area Studio City

Zoning LAR3

Rooms

Other Rooms Pool House

Interior

Heating Wall

Cooling Wall/Window

Equipment Range/Oven, Refrigerator, Microwave

Exterior

Parking Features Carport

Garage Spaces 33.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap
Gabriel Carrasco

Gabriel Carrasco

Agent | License ID: 02229520

+1(424) 422-6029

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4215 Vineland Ave