4180 Tujunga, Studio City, California 91604, Studio City, 91604 - 11 bed, 10 bath
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Studio City, California 91604
Analysis of 4180 Tujunga, Studio City, California 91604 is currently available with a list price of $2,195,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Studio City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is marketed as an RTI (Ready-to-Issue) development opportunity, meaning the value lies in the land and the approved plans for a new 5-unit complex. The original 1941 structure is slated for demolition to accommodate the proposed 6,555 sqft modern project, and the provided images are architectural renderings rather than photos of the existing home.
Elementary School: Warner Avenue Elementary School (9/10).
This is a shovel-ready project with Ready-to-Issue (RTI) plans for 4 units plus an ADU, allowing an investor to bypass the lengthy and uncertain entitlement process and begin construction immediately.
The approved plans maximize the 6,495 sqft lot by providing five total income-producing units, including spacious 3-bedroom layouts that are highly desirable in the Studio City rental market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6555, other record living area = 1283. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 11, other record bedroom count = 2.
The property was recently sold within the past year on 2025-07-11. The sold price is $1,500,000.00.
At a list price of $2.195M for the land and plans alone, the project requires a significant upfront capital investment before accounting for substantial construction costs.
RTI development opportunity in a prime location with approved plans for 4 total units + ADU! Project includes a front duplex (Building A) featuring two spacious 2-story units, each designed with 3 bedrooms and 3 bathrooms, plus a rear 2-story Two unit with attached ADU (Building B), creating excellent flexibility for rental income or multigenerational use. Site plan includes dedicated parking, landscaped open space, and efficient pedestrian access throughout. Modern architectural design with strong unit layout, maximizing both livability and income potential. Ideal for builder, developer, or investor seeking a shovel-ready project in a high-demand rental market.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.4 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 11.0 | 4.0 | 99% |
| Baths | 10.0 | 4.0 | 99% |
| Square foot | 6,555 | 2,595.5 | 98% |
| Lot Size | 6,495 | 8,830 | 17% |
| Price | $2.19M | $2.21M | 50% |
| Price per sq ft | $335 | $890 | 2% |
| Built year | 1941 | 1957 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 145 | 21% |
Mar 16, 2026
$2,195,000
Initial Listing
Jul 11, 2025
$1,500,000
Public Record
Dec 17, 2002
$451,000
Public Record