4184 Arch Dr | Studio City, CA 91604
SALE PRICE: $12,000,000
PRICE/UNIT: $360k PRICE/SF: $428 GRM: 13.08 CAP RATE: 4.92%TRANSACTION HIGHLIGHTS
PRIME Studio City Location Adjacent to Toluca Lake + North Hollywood Arts District.
EXCELLENT Unit Mix consisting of 24 two-bedroom/two-bath and 12 one-bedroom/one-bath units.
LIMITED Competition: As one of only 24 properties in Studio City built after 1978 with 35 or more units.
DESIRABLE Neighborhood Features: Located on a quiet street off Arch and Ventura, the property enjoys a peaceful setting with easy access to Stuido City’s renowned dining, shopping and entertainment options.
21% UPSIDE in Market Rents.