4453 Colfax Avenue, Studio City, CA 91602

Property Description

Fantastic rental 4-plex in an excellent Studio City location. Built in upside with 5.7% cap rate! Built in 2022, this property features four spacious units, each offering 4 beds + 4 baths with modern finishes throughout. Low-maintenance ownership with flexibility for mid- or long-term tenancy. All units are separately metered, including trash. * As a newer building, the property is currently exempt from local and state rent control until approximately 2037. * 8 total parking spaces, including two EV charging stations, and numerous smart-home features, including keypad entry systems, smart appliances, HVAC controls, smoke detectors, and exterior security cameras, making remote monitoring and property management possible. Each unit offers central heating and air conditioning, as well as an in-unit washer and dryer. * For non-long-term occupancy use, two units and the common exterior areas are already equipped with guest-related signage, and one garage is currently reserved for owner storage. 3 units can be delivered vacant. The property may be purchased furnished or unfurnished, including selected maintenance equipment and supplies. Studio City remains one of the San Fernando Valley’s most desirable neighborhoods, offering easy access to Hollywood, central Los Angeles, and surrounding areas.