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4532 Tujunga Avenue, North Hollywood, CA 91602

North Hollywood
Local realty services provided by:CENTURY 21 Fort Bragg Realty
4532 Tujunga Avenue,North Hollywood, CA 91602
$1,000,000
  • 0.14 Acres
  • Lots / Land
  • Active
Listed by: daniel shamooelian
Office: keller williams beverly hills
MLS#:26636151
Source:CRMLS

Price summary

  • Price:$1,000,000

About this home

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

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Home facts

  • Listing ID #:26636151
  • Added:47 day(s) ago
  • Updated:March 01, 2026 at 11:33 AM

Structure and exterior

  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$1,000,000
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