Discover an exceptional investment opportunity at 4215 Vineland Ave, a 33-unit multifamily property in the heart of Studio City, CA. With 21 current vacancies, this property presents a rare chance to unlock substantial value through strategic lease-up and repositioning. The ability to construct eight additional Accessory Dwelling Units (ADUs) boosts the potential unit count to 41, offering an impressive 22% upside in unit count and revenue potential. Nestled in a highly desirable Studio City location just one block North of Ventura Blvd, this property benefits from strong rental demand, proximity to major entertainment hubs, and vibrant local amenities. The spacious lot and existing infrastructure provide a solid foundation for immediate cash flow and long-term growth. The seller is also offering the adjacent 10,592 SF lot, available together or separately, creating a unique opportunity for a large-scale redevelopment play. Combine both parcels to maximize value and capitalize on Studio City's thriving real estate market.
Days on market: 8
Listing updated: August 12, 2025 - 12:49:08
Listed by: Jacob Plewa DRE #02041641 310-802-2500, REMAX COMMERCIAL & INVESTMENT REALTY - Beverly Hills/Greater LA
Source: Beverly Hills/Greater LA, MLS#: CLW-X75383 Originating MLS: CRMLS
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