4511 Coldwater Canyon Ave presents a rare ve-unit multifamily opportunity in the heart of Studio City. Built in 1984, the property consists of (5) spacious two-bedroom, 2.5-bathroom townhouse-style apartments averaging 1,380 SF each. Units feature private balconies, high ceilings, and select units offer direct parking access or private garages. The building totals approximately 6,938 SF on a 6,350 SF lot and is offered at $2,885,000 ($415/SF). This well-maintained asset offers over 25% upside potential through interior upgrades and rent increases. With alley access and the possibility of adding 1–2 ADUs (buyer to verify with the City of Los Angeles), it represents a strong value-add play. Located between the 134 Freeway and Ventura Blvd, the property is within walking distance to Erewhon Market, the newly developed Sportsman’s Lodge shopping center, and other high-end retail, dining, and lifestyle amenities. It also excellent opportunity for conversion to Condominium (check with City no Guarantee from the Seller
MLS #
CRGD25124398
MLS Source
California Regional MLS
Appliances
Dishwasher, Garbage Disposal, Other, Oven Range - Gas
Cooling
Central Forced Air
Heating
Forced Air
Style
Custom
Garage/Parking
Assigned Spaces, Attached Garage, Carport, Detached, Garage, Gate/Door Opener, Private / Exclusive, Garage: 11 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
4511 Coldwater Canyon Ave is a Residential Income in Studio City, CA 91604. This – square foot property sits on a 6,327 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,800,000 and was built in 1984.
This address can also be written as 4511 Coldwater Canyon Ave, Studio City, CA 91604.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 14, 2025. For the most current information, please contact Arthur Mangassarian, (818) 549-9000