4532 Tujunga Ave North Hollywood, CA 91602
Estimated payment $5,213/month
About This Lot
We are pleased to present a prime RD 1.5 development opportunity in the heart of Studio City! Situated on a 6,281 SF lot, this single-family residence offers an excellent opportunity to develop a fourplex or townhome project in one of Los Angeles' most sought-after rental submarkets. The property benefits from having SB 8 clearance already in hand, providing peace of mind with no tenant relocation required and no rent control, allowing for a streamlined development process and strong long-term upside. Ideally located just moments from Ventura Boulevard, tenants will enjoy immediate access to Studio City's best shopping, dining, and cafes - including Aroma Coffee just down the street - as well as convenient freeway and transit connectivity. The site is also in close proximity to the NoHo Arts District, Toluca Lake, Sherman Oaks, and Hollywood, further enhancing tenant appeal. Strong lease comps on the block of approximately $3.50 per square foot underscore the area's robust rental demand. The property will be delivered vacant at close, making this a clean and compelling acquisition for developers and investors. Potential to acquire the next door duplex as well to assemble a rare double lot, excellent for a larger apartment or 100% affordable ED 1 project. Do not miss this rare opportunity to build in one of Los Angeles' hottest rental markets. Contact listing agent for additional details!
Listing Agent
Keller Williams Beverly Hills License #01984269 Listed on: 01/13/2026
Property Details
Property Type
- Land
Lot Details
- 6,283 Sq Ft Lot
- Lot Dimensions are 52x120
- Property is zoned LARD1.5
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2366-001-013
Map
Home Values in the Area
Average Home Value in this Area
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 | $927 | $65,880 | $41,152 | $24,728 |
| 2024 | $927 | $64,590 | $40,346 | $24,244 |
| 2023 | $911 | $63,324 | $39,555 | $23,769 |
| 2022 | $872 | $62,083 | $38,780 | $23,303 |
| 2021 | $855 | $60,867 | $38,020 | $22,847 |
| 2020 | $858 | $60,244 | $37,631 | $22,613 |
| 2019 | $830 | $59,064 | $36,894 | $22,170 |
| 2018 | $762 | $57,907 | $36,171 | $21,736 |
| 2016 | $712 | $55,660 | $34,767 | $20,893 |
| 2015 | $702 | $54,825 | $34,245 | $20,580 |
| 2014 | $713 | $53,752 | $33,575 | $20,177 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2026 01/13/26 | For Sale | $1,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document |
Source: The MLS
MLS Number: 26636151
APN: 2366-001-013
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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