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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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$8,750,000
Est. payment /mo
46 Beds
45 Baths
28,494 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 28,494 sqft

Price per Sqft $307

MLS Listing ID 26637885

Bedrooms 46

HOA Y/N No

Year Built 1962

Lot Size 0.917 Acres

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 Stud - Studio City

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Microwave, Refrigerator

Exterior

Parking Features Carport

Total Parking Spaces 33

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2366019028

Special Listing Condition Standard

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CRMLS – RECore
Listed by Jeffrey Louks Marcus & Millichap

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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