Perfect investment property - newly remodeled turn-key house behind private gates, with garage, lovely yard, and a detached separate ADU Guest House with kitchen and laundry. Currently creating robust Air BnB revenue stream, the proximity to Universal Studios, Hollywood, and Studio City makes this an ideal location. Easy access to Ventura Blvd, the freeways to get downtown, and nearby Burbank airport. Flexible two-unit structure maximizes options for shorter and longer term lifestyle. Multi level yard enables each house to enjoy their own separate environment, or to rent out to a family that wisely uses (or rents) the separate Guest House for creative office space, gym, or in-laws.
Info given is for the front home 12607 Kling however, public records are for 12603 Kling, the rear home. Two homes on one 13,000 sq ft lot. Each home has their own front and rear yards and their own garages. Rear home is 1 bedroom, 1 bath, kitchen, breakfast area, living room and sunroom. It was built in 1935 and moved to the rear location in 1960 and has a detached garage (possibly an ADU). It need some work but plenty of possibilities. Could add on and make larger. The front home was built in 1960 and updated in 2020 and has a new kitchen and 2 new baths, new AC, vinyl flooring and tile in the kitchen and baths. There is a bedroom and 3/4 bath downstairs no steps on first level and 2 bedrooms and large new bath upstairs. Direct access from garage into kitchen. Washer and dryer in the garage. This property is 3 blocks from Beeman Park.
Investor/Developer opportunity. Collect rent while pursuing entitlements. Superb Studio City Arch Dr. location with tremendous potential. Commonly known as 4206,4208 and 4210 Arch Drive. Seller may opt for a 1031 exchange, buyer to cooperate at no cost to buyer. Minutes from freeways 101,134 and 170 as well as Universal Studios and City Walk.
The median home value in Studio City, CA is $1,200,000. The national median home value is $338,100. The average price of homes sold in Studio City, CA is $1,200,000. Studio City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Studio City real estate agent to arrange a tour today!