4538 Tujunga Avenue,Studio City, CA 91602
Studio City, CA 91602
Description
THOUGHTFULLY RENOVATED DUPLEX FOR HOME LIVING, RENTAL INCOME, AND MULTI-ADU OPPORTUNITY. Nestled in Studio City's historic Tujunga Village, this beautifully renovated duplex offers a rare chance to invest in one of the neighborhood's charming pockets. Enjoy your home (front or back unit) while subsidizing monthly mortgage payments with rental income from the other, or, rent both units out. PROPERTY INCLUDES 2 UNITS. Each unit features 2-bedroom, 1-bathroom designs that have been thoughtfully updated and equipped for comfortable everyday living. FRONT UNIT (4538 Tujunga Ave): 940 sq ft features a living room, in-unit washer/dryer, two-car side-by-side driveway parking, gas range/oven, refrigerator, dishwasher, and microwave range. It is currently tenant-occupied at monthly income payments of $3,060 with the potential for $3,700 a month in rent. BACK UNIT (4536 Tujunga Ave): 840 sq ft feels like a private retreat and features an expansive private rear yard, detached garage/storage, in-unit washer/dryer, dishwasher, refrigerator, gas oven/range, BBQ grill, and microwave range. MULTIPLE ADU OPPORTUNITY: Garage conversion plans for a 347 SF ADU were previously approved (May 2023) and can be resubmitted for streamlined city review. Potential for a second ADU in generous rear yard, subject to City approval. This duplex property offers immediate access to some of the area’s best shopping, dining, and cafés, including Aroma Coffee and Jon & Vinny’s. Erewhon, Trader Joe’s, and the vibrant Ventura Boulevard dining scene are all just minutes away. The property also enjoys close proximity to the NoHo Arts District, Toluca Lake, Sherman Oaks, Burbank, and Hollywood. With convenient freeway access and strong transit connectivity, Film and Television Studios, the Westside, and other major employment hubs are all within an easy commute. Zip code 91602.
Details
| MLS # | OC26095933 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1939 |
| Days On Site | 128 |
| Listing Provided By | Del Rey Residential | Julian Nan |
Features
| SQ Feet | 1,780 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.14 |
| Property View | None |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Down |
| Window Features | Double Pane Windows |
| Appliances | Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer |
| Fireplace Yes / No | No |
Exterior
| Security Features | Security System, Carbon Monoxide Detectors |
|---|---|
| Lot Features | Eleven To Fifteen Units Acre |
| Fencing | Wood |
Parking
| Parking Features | Assigned, Driveway, Garage |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Biking, Suburban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Studio City |
| Zip Code | 91602 |
| Area | STUD Studio City |
| Listing VS Median (in 91602) | |
Price: $1,299,000 low | high Med: $2,099,500 sqft: 1,780 low | high Med: 3,848 $ / sqft: $730 low | high Med: $558 On site: 128 low | high Med: 33.5 | |
Market Activity 91602
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Studio City |
| Zip Code | 91602 |
| Area | STUD Studio City |
| Listing VS Median (in 91602) | |
Price: $1,299,000 low | high Med: $2,099,500 sqft: 1,780 low | high Med: 3,848 $ / sqft: $730 low | high Med: $558 On site: 128 low | high Med: 33.5 | |