
Los Angeles, California 91604
Introducing 4227 Whitsett Avenue in Studio City--an investor's opportunity in a prime neighborhood. This four-unit property, built in 1964, offers two spacious two-bedroom/2 bath units and two generous three-bedroom/2 bath units, each with in-unit laundry. Recent upgrades include a new roof, earthquake retrofitting, and modern electrical systems. With gated alley parking and a sought-after location, this $1.85 million gem is turnkey and ready to deliver steady returns.
Property is move-in ready.
Although built in 1964, the property is described as turnkey with significant recent capital improvements including a new roof, earthquake retrofitting, and modern electrical systems. These updates to major systems and the move-in ready status for tenants elevate it from Fair to Good condition.
Elementary School: Warner Avenue Elementary School (9/10).
The property features a superior unit mix of two 3-bedroom and two 2-bedroom units, all with in-unit laundry, maximizing rental potential and tenant appeal in a competitive market.
Recent investments in a new roof, earthquake retrofitting, and modernized electrical systems significantly reduce immediate deferred maintenance costs and provide long-term structural security.
With a building size of 5,224 sqft on a 5,000 sqft lot, the property offers minimal common areas or private outdoor space for tenants, which may impact lifestyle appeal.
While local elementary and high schools are highly rated, the assigned middle school has a significantly lower rating, which could be a consideration for long-term family tenants.
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades K-5 • 2.6 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 5,224 | 2,090.331 |
| Lot Size | 5,000 | 5,852.908 |
| Price | $1.85M | $830.9K |
| Price per sq ft | $354 | $394 |
| Built year | 1964 | 1928 |
| HOA | $0 | $0 |
| Days on market | 32 | 87 |
Oct 8, 2026
$1,850,000
Initial Listing
Feb 5, 2002
$540,000
Public Record
Nov 15, 1995
$361,363
Public Record