4532 Tujunga Avenue, North Hollywood, CA 91602

North Hollywood
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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:51 day(s) ago
  • Updated:March 07, 2026 at 03:39 AM

Structure and exterior

  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$1,000,000
Based on information from California Regional Multiple Listing Service, Inc. as of March 7, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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