
Studio City, California 91604
This Well-Maintained Quadruplex Asset is listed at $1,795,000, offering a stable investment opportunity aligned with its $1,733,360 Fair Market Value. Featuring a Condition Rating of 3, the property is move-in ready for tenants, providing strong in-place income and long-term upside. Located moments from Ventura Boulevard, it benefits from proximity to Top-Rated Schools including Warner Avenue Elementary (9/10), Valley View Elementary (8/10), and North Hollywood Senior High (8/10). This asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand rental location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4245 Laurel Canyon Subject | $1,795,000* List Price | 0 | 0 | 3,332 | $520 | - |
A 11755 Moorpark Street Sold | $1,750,000 | 0 | 0 | 3,844 | $455 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1950, the property is described as well-maintained and the exterior image shows updated windows, fresh paint, and tidy landscaping. It appears move-in ready for tenants with no immediate major renovations required, fitting the criteria for a well-kept income property with functional systems.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in a highly sought-after rental market just moments from Ventura Boulevard, providing tenants with easy access to premier dining, shopping, and entertainment.
This well-maintained quadruplex offers immediate in-place income with significant long-term rental upside, making it an ideal addition to a multifamily portfolio.
Located on Laurel Canyon Boulevard, the property is subject to significant street noise and traffic congestion, which may impact tenant retention or premium pricing.
Originally built in 1950, the building may require ongoing capital expenditures for system upgrades or maintenance typical of mid-century multifamily structures.
Discover a rare investment opportunity in one of Los Angeles’ most sought-after rental markets. 4245 Laurel Canyon Boulevard is a well-maintained 4-unit multifamily property located in the heart of Studio City, offering strong in-place income, long-term upside potential, and an exceptional location just moments from Ventura Boulevard.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 2.1 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,332 | 3,588 | 50% |
| Lot Size | 5,002 | 5,901 | 50% |
| Price | $1.79M | $1.77M | 50% |
| Price per sq ft | $539 | $497 | 50% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 182 | 50% |
Feb 24, 2026
$1,795,000
Initial Listing
Dec 17, 2020
$1,395,000
Public Record
Sep 9, 2019
$1,300,000
Public Record
Sep 25, 2012
$840,000
Public Record