- CENTURY 21 Real Estate
- California
- North Hollywood
- 4453 Colfax Ave
4453 Colfax Ave, North Hollywood, CA 91602
Local realty services provided by:CENTURY 21 Sierra Properties
4453 Colfax Ave,Studio City (los Angeles), CA 91602
$3,950,000
- 16 Beds
- - Baths
- 6,014 sq. ft.
- Multi-family
- Active
Listed by: james abdelmalek
Office: keller williams palos verdes
MLS#:CRPV26023354
Source:CA_BRIDGEMLS
Price summary
- Price:$3,950,000
- Price per sq. ft.:$656.8
About this home
Exceptional Investment Opportunity – Newly Constructed Fourplex with No Rent Control Presenting a rare opportunity to acquire a newly constructed fourplex in a prime Studio City location, offering no rent control, extremely low operating expenses, and multiple income strategies. This low-maintenance asset consists of four modern townhome-style units, each separately metered for gas, water, and electricity, making it ideal for both long-term and short-term rental investors. The property currently generates strong income with two rear units leased at $12,000/month combined and two front units operating as active Airbnb rentals producing approximately $13,693/month. Estimated overall cap rate of approximately 5.76%, with upside potential due to efficient construction and flexible use. Four newly built, three-level townhomes No rent control Fully furnished and Airbnb-ready, with active bookings in place 16 total rooms, all equipped with smart locks, flat-screen TVs, and mini-refrigerators Four fully equipped kitchens featuring sleek modern cabinetry, quartz countertops, and stainless steel appliances 16 high-end bathrooms with elegant finishes and modern vanities Private entrance for each unit In-unit washer and dryer for all residences Unit Layout: First Level: Reception area, bed
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Home facts
- Year built:2022
- Listing ID #:CRPV26023354
- Added:1 day(s) ago
- Updated:February 02, 2026 at 05:49 PM
Rooms and interior
- Bedrooms:16
- Living area:6,014 sq. ft.
Heating and cooling
- Cooling:Central Air, ENERGY STAR Qualified Equipment
- Heating:Central
Structure and exterior
- Year built:2022
- Building area:6,014 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$3,950,000
- Price per sq. ft.:$656.8
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