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

Read Less Info
CRMLS – RECore
Listed by Jeffrey Louks Marcus & Millichap

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Colfax Charter Elementary

    Public | KG - 5

  • 10

    Wonderland Avenue School

    Public | KG - 5

  • 10

    Valley View Elementary

    Public | KG - 5

  • 9

    Carpenter Community Charter

    Public | KG - 5

  • 9

    Theodore Roosevelt Elementary School

    Public | KG - 5

  • 9

    Robert Louis Stevenson Elementary

    Public | KG - 5

  • 8

    Rio Vista Elementary School

    Public | KG - 5

  • 8

    Toluca Lake Elementary

    Public | PK - 5

  • 8

    Bret Harte Elementary

    Public | KG - 5

  • 8

    Larchmont Charter

    Public | KG - 12

  • 8

    Thomas Edison Elementary

    Public | KG - 5

  • 7

    Celerity Palmati Charter

    Public | KG - 8

  • 7

    Providencia Elementary

    Public | KG - 5

  • 6

    Monlux Elementary School

    Public | KG - 5

  • 5

    Burbank Boulevard Elementary

    Public | PK - 5

  • 5

    Victory Boulevard Elementary School

    Public | KG - 5

  • 5

    New Horizons Charter Academy

    Public | KG - 8

  • 5

    Lankershim Elementary School

    Public | KG - 5

  • 5

    Fair Avenue School

    Public | KG - 5

  • 5

    Oxnard Street Elementary School

    Public | KG - 5

Middle Schools 8
  • 7

    Walter Reed School

    Public | 6 - 8

  • 6

    Luther Burbank Middle School

    Public | 6 - 8

  • 4

    Roy Romer Middle School

    Public | 6 - 8

  • 0

    Harvard-Westlake School

    Private | 7 - 12

  • 0

    Emerson Academy

    Private | 6 - 12

  • 0

    Off Campus Learning Center

    Public | 7 - 12

  • 0

    Aviva High School

    Private | 7 - 12

  • 0

    Magnolia Park

    Public | 6 - 12

High Schools 13
  • 8

    North Hollywood High School

    Public | 9 - 12

  • 8

    John Burroughs High School

    Public | 9 - 12

  • 6

    Ulysses Grant High School

    Public | 9 - 12

  • 3

    East Valley High School

    Public | 9 - 12

  • 2

    Jack London Community Day

    Public | 9 - 12

  • 0

    Jack London Continuation

    Public | 9 - 12

  • 0

    Coldwater Canyon Preparatory

    Private | 9 - 12

  • 0

    Valley Torah High School

    Private | 9 - 12

  • 0

    Valley Torah

    Private | 9 - 12

  • 0

    Valley Torah High School Girls' Division

    Private | 9 - 12

  • 0

    Amelia Earhart Continuation

    Public | 9 - 12

  • 0

    Monterey High (Continuation)

    Public | 9 - 12

  • 0

    Providence High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

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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