4206 Arch Drive, Studio City, California 91604, Studio City, 91604 - bed, bath
ACTIVE$1,779,000
4206 Arch Drive, Studio City, California 91604
0Bed
0Bath
1,981Sqft
7,852Lot
Year Built
1952
Close
-
List price
$1.78M
Original List price
$1.77M
Price/Sqft
$898
HOA
-
Days on market
-
Sold On
-
MLS number
SR25026993
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,6 Pros.
Investor/Developer opportunity. Collect rent while pursuing entitlements. Superb Studio City Arch Dr. location with tremendous potential. Commonly known as 4206,4208 and 4210 Arch Drive. Seller may opt for a 1031 exchange, buyer to cooperate at no cost to buyer. Minutes from freeways 101,134 and 170 as well as Universal Studios and City Walk.
Nearby schools
7/10
Rio Vista Elementary School
Public,•K-5•0.4mi
7/10
Toluca Lake Elementary School
Public,•K-5•1.3mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•2.0mi
8/10
Valley View Elementary School
Public,•K-6•2.1mi
9/10
West Hollywood Elementary School
Public,•K-5•3.8mi
9/10
Warner Avenue Elementary School
Public,•K-5•6.1mi
6/10
Walter Reed Middle School
Public,•6-8•1.0mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.3mi
6/10
Arroyo Seco Museum Science
Public,•K-8•10.1mi
8/10
North Hollywood Senior High School
Public,•9-12•1.8mi
3/10
East Valley Senior High School
Public,•9-12•1.9mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•3.4mi
6/10
Hollywood Senior High School
Public,•9-12•3.6mi
7/10
Fairfax Senior High School
Public,•9-12•4.1mi
6/10
University Senior High School
Public,•9-12•8.4mi
6/10
University Senior High School Charter
Public,•9-12•8.4mi
Condition Rating
Poor
Built in 1952, this property is explicitly marketed as an 'Investor/Developer opportunity' with existing structures that 'likely require significant renovation, modernization, or demolition.' While it functions as a triplex collecting rent, the absence of interior photos and the emphasis on redevelopment potential strongly indicate that the kitchens, bathrooms, and other major systems are severely outdated and in poor condition, requiring substantial repairs or complete replacement. The property's value is primarily in the land and its potential for redevelopment, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Prime Studio City Location: The property boasts a superb Arch Drive location in highly desirable Studio City, known for its amenities and lifestyle.
Significant Development Potential: Explicitly marketed as an 'Investor/Developer opportunity' with 'tremendous potential' across what appears to be multiple parcels (4206, 4208, 4210 Arch Drive).
Income-Generating Triplex: As a 'Residential Income' property and 'Triplex,' it offers immediate rental income while future plans are pursued.
Exceptional Accessibility: Strategically located minutes from major freeways (101, 134, 170) and popular attractions like Universal Studios and City Walk.
Good School District Access: Proximity to several well-rated public schools, including Rio Vista Elementary (0.43 miles, rating 7).
Cons
Entitlement Process Required: Realizing the property's 'tremendous potential' for development will necessitate navigating a potentially lengthy and costly entitlement process.
Older Construction: Built in 1952, the existing structures likely require significant renovation, modernization, or demolition, incurring substantial additional capital investment.
1031 Exchange Clause: The seller's potential request for a 1031 exchange, requiring buyer cooperation, could introduce transactional complexities or specific timing requirements.