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    4156 Tujunga Ave North Hollywood, CA 91604

    For Sale
    $1,995,000

    Six-unit multifamily property in prime Studio City location.

    Lot size:
    0.15 Acres

    Property Features for 4156 Tujunga Ave

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1971

    Source: Tony Azzi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Studio City Multifamily Investment Opportunity

    The property at 4156 Tujunga Avenue is a six-unit multifamily asset located in Studio City. Constructed in 1971, the two-story building has 4,614 square feet of living space and is situated on a 6,345-square-foot lot. The property is zoned LARD1.5. The unit mix consists of five one-bedroom units and one two-bedroom unit. Units #1, #3, #4, and #6 have been renovated with high-end finishes. On-site parking is available for residents. The property features master-metered water and separately metered electric and gas. The property is located near Ventura Boulevard and the Tujunga-Moorpark Village, offering access to dining, shopping, and entertainment options. The 101 Freeway, Woodbridge Park, and Universal Studios are also nearby. This property is a stabilized investment in a rental market.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3788024
    Latitude
    34.1439168

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property in prime Studio City location.
    Where is this apartment building located?
    The property is located at 4156 Tujunga Ave North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Prime Studio City location near Ventura Boulevard and Tujunga-Moorpark Village, offering exceptional access to dining, shopping, and entertainment.; - Turnkey, stabilized investment property with a strong unit mix.; - **Four units have been thoughtfully renovated with high-end finishes.**
    (310) 909-5454
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    4156 Tujunga Ave North Hollywood, CA 91604
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    North Hollywood, CA 91604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4156 Tujunga Ave North Hollywood, CA 91604
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