NOT LISTED FOR SALE

4276 Tujunga Ave Studio City, CA 91604

Estimated Value: $1,473,000 - $1,734,000

6 Beds
4 Baths
3,256 Sq Ft
$489/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $1,495,000 $459 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,451/month

46 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Rio Vista Elementary Rated A-
  • Cooling System Mounted To A Wall/Window
  • Detached Carport Space

About This Home

As of January 2024

Exceptional investment opportunity awaits in one of Studio City's most sought-after neighborhoods. This four-unit building, ideally situated near the vibrant shops and restaurants of Tujunga Village and Woodbridge Park, presents a unique opportunity for investors, buyers and builders. Comprised of two 2 bedroom units and two 1 bedroom units, it also offers a 4-car garage, providing parking to each unit. The true potential can be seen with current rental market values in the neighborhood. Seize this rare gem and don't let this opportunity pass you by! Tenants are month-to-month, pay rent on time and will remain in place. Call listing agent to discuss SELLER BACKED FINANCING! Tremendous monthly savings are a possibility!

Last Agent to Sell the Property

Erica Sfadia

Berkshire Hathaway HomeServices California Properties License #01343325 Listed on: 10/23/2023

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Jamie Pearson

Berkshire Hathaway HomeServices California Properties License #00817566

Last Buyer's Agent

Lori Shelton

Coldwell Banker Realty License #01270855

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,632 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,256 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 5
  • Tax Tract Number 9216
  • Assessor Parcel Number 2366012005
  • $548 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,650
  • Fuel Expense $192
  • Insurance Expense $3,374
  • Water Sewer Expense $7,224
  • Operating Expense $34,660
  • Gross Income $56,340
  • Net Operating Income $30,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 7224.00
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2366012005
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 459.15

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Sq Ft: 6632.00
  • Lot Size Acres: 0.1522

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 2650.00
  • Fuel Expense: 192.00
  • Gross Income: 56340.00
  • Gross Operating Income: 56340.00
  • Gross Scheduled Income: 86340.00
  • Insurance Expense: 3374.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 30.00
  • Lot Size Area: 6632.0000 Square Feet
  • Net Operating Income: 30300.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 26040.00
  • Rent Control: Yes
  • Total Expenses: 34660.00

Tax Info

  • Tax Census Tract: 1432.00
  • Tax Lot: 5
  • Tax Tract Number: 9216
  • TaxOtherAnnualAssessmentAmount: 548.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Jan 5, 2024
Sold by
Osorio Delopez Rubiela
Bought by
Lopez Nestor
Seller's Agent
Erica Sfadia
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lori Shelton
Coldwell Banker Realty
List Price
$1,699,000
Sold Price
$1,495,000
Premium/Discount to List
-$204,000
-12.01%
Views
64
Current Estimated Value
$1,593,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,352
Avg. Annual Appreciation
3.29%
Original Mortgage
$725,000
Outstanding Balance
$712,473
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$880,879

Purchase Details

Listed on
Oct 23, 2023
Closed on
Dec 14, 2023
Sold by
42 Tujunga Avenue Partnership
Bought by
Lopez Nestor
Seller's Agent
Erica Sfadia
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lori Shelton
Coldwell Banker Realty
List Price
$1,699,000
Sold Price
$1,495,000
Premium/Discount to List
-$204,000
-12.01%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Outstanding Balance
$712,473
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$880,879

Purchase Details

Closed on
Jan 2, 2009
Sold by
Azouz Nissim
Bought by
42 Tujunga Avenue Partnership and 76 Tujunga Avenue Partnership

Purchase Details

Closed on
Nov 11, 2002
Sold by
Azouz Batia
Bought by
Azouz Nissim

Purchase Details

Closed on
Oct 28, 2002
Sold by
Azouz Reuben and Azouz Batia
Bought by
Azouz Batia

Purchase Details

Closed on
Dec 9, 1999
Sold by
Azouz Reuben and Azouz Batia
Bought by
Azouz Reuben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 1999
Sold by
Family Trust Azouz Reuben And Batya Trs Azouz
Bought by
Azouz Reuben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.77%

Purchase Details

Closed on
Jun 6, 1994
Sold by
Azouz Reuven and Azouz Batia
Bought by
Azouz Reuben
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lopez Nestor -- Orange Coast Title Company
Lopez Nestor $1,495,000 Orange Coast Title Company
42 Tujunga Avenue Partnership -- None Available
Azouz Nissim -- --
Azouz Batia -- --
Azouz Reuben -- United Title Company
Azouz Reuben -- Lawyers Title Company
Azouz Reuben -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Nestor $725,000
Previous Owner Azouz Reuben $150,000
Previous Owner Azouz Reuben $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2024 01/09/24 Sold $1,495,000 -12.0% $459 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $1,699,000 -- $522 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,230 $1,524,900 $1,020,000 $504,900
2024 $13,230 $1,056,425 $797,249 $259,176
2023 $11,568 $918,105 $732,006 $186,099
2022 $11,039 $900,103 $717,653 $182,450
2021 $10,894 $882,455 $703,582 $178,873
2019 $10,574 $856,282 $682,714 $173,568
2018 $10,461 $839,493 $669,328 $170,165
2016 $9,985 $806,896 $643,338 $163,558
2015 $9,841 $794,777 $633,675 $161,102
2014 $9,894 $779,210 $621,263 $157,947
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23197878

California Regional Multiple Listing Service (CRMLS)

APN: 2366-012-005