4184 Arch Dr | Studio City, CA 91604

Oct 25

SALE PRICE: $12,000,000

PRICE/UNIT: $360K          PRICE/SF: $428                  GRM: 13.08                 CAP RATE: 4.92%

PRIME Studio City location adjacent to Toluca Lake and North Hollywood
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 Studio City’s renowned dining, shopping and entertainment options
21% UPSIDE in Market Rents

Michael Monempour

4135 Warner Blvd | Burbank, CA 91505