Archview Terrace- 4248 Arch Drive
12-unit multifamily asset in one of LA's most coveted rental markets
Marketing description
CBRE is pleased to present 4248 Arch Drive, a rare opportunity to acquire a 1987 built, 12-unit multifamily asset in the heart of Studio City, one of Los Angeles' most coveted and supply-constrained rental markets.
Tucked on a tree-lined street just steps from Ventura Boulevard and directly adjacent to major entertainment hubs, the property offers investors a compelling blend of stability, upside, and long-term appreciation. The asset is non-rent controlled, providing a clear path to market-driven rent growth and operational flexibility, a true differentiator in today's highly regulated Los Angeles landscape.
The building features a desirable unit mix catering to a strong tenant base of young professionals, creatives, and entertainment industry employees drawn to Studio City's unique blend of lifestyle and coveted location. Additionally, electronic & gated parking garages, entry and laundry on-site add to desirable amenities. With continued underserved demand for high-quality rental housing in the area, the property is ideally positioned for both immediate income and future value enhancement.
Whether maintained as a stable, cash-flowing asset or strategically repositioned to maximize rents and modernize interiors, 4248 Arch Drive presents a turnkey investment opportunity in one of the San Fernando Valley's most resilient and high-performing submarkets.
Investment highlights
- Easy access to Highways 101, 134, and 170. Public transit is simple with our close proximity to City Walk and subway stations to Hollywood and Downtown
- Kitchens come with garbage disposal, dishwasher, and microwave
- New roof (2025)
- Walk score of 80- walking distance to shopping and dining
- 15% Upside in rents
- One of most affluent locations in San Fernando Valley
- Adjacent to Hollywood, Sherman Oaks, Burbank and Universal City
- Central Air, many replaced recently
- Gated covered garages for additional potential parking income
- Intercom, gated entrance, and laundry onsite
- Located amongst some of the most prestigious public and private schools
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