Seller's Agent in 2026
Daniel Shamooelian
Keller Williams Beverly Hills
(310) 651-1800
2 in this area
35 Total Sales
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 demand. The property will be delivered vacant at close, making this a clean and compelling acquisition for developers and investors. Potential to acquire the next door duplex as well to assemble a rare double lot, excellent for a larger apartment or 100% affordable ED 1 project. Do not miss this rare opportunity to build in one of Los Angeles' hottest rental markets. Contact listing agent for additional details!
Last Agent to Sell the Property
Keller Williams Beverly Hills License #01984269 Listed on: 01/13/2026
Last Buyer's Agent
Keller Williams Beverly Hills License #01984269 Listed on: 01/13/2026
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $940,000 | Old Republic Title Company | |
| Quit Claim Deed | -- | None Listed On Document |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $611,000 | New Conventional |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2026 03/26/26 | Sold | $940,000 | -6.0% | $817 / Sq Ft |
| 01/13/2026 01/13/26 | For Sale | $1,000,000 | -- | $870 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $927 | $65,880 | $41,152 | $24,728 |
| 2024 | $927 | $64,590 | $40,346 | $24,244 |
| 2023 | $911 | $63,324 | $39,555 | $23,769 |
| 2022 | $872 | $62,083 | $38,780 | $23,303 |
| 2021 | $855 | $60,867 | $38,020 | $22,847 |
| 2020 | $858 | $60,244 | $37,631 | $22,613 |
| 2019 | $830 | $59,064 | $36,894 | $22,170 |
| 2018 | $762 | $57,907 | $36,171 | $21,736 |
| 2016 | $712 | $55,660 | $34,767 | $20,893 |
| 2015 | $702 | $54,825 | $34,245 | $20,580 |
| 2014 | $713 | $53,752 | $33,575 | $20,177 |
Seller's Agent in 2026
Daniel Shamooelian
Keller Williams Beverly Hills
(310) 651-1800
2 in this area
35 Total Sales
Source: The MLS
MLS Number: 26636151
APN: 2366-001-013
Ask me questions while you tour the home.