$13,000,000 / 2 beds / 2 baths

4557 Coldwater Canyon

Studio City, California 91604

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4557 Coldwater Canyon

Property Description

Ninety five percent complete. Expected completion date to be July 30th! Expected date to certificate of occupancy, approximately August 14th. FHA approval is in process. 24 unit building in a Prime Studio City location at the corner of Coldwater and Sarah. Seller will entertain serious offers. This building is the perfect opportunity to pick up where the developer left off. Each unit has a projected market value of approximately $600,000 for resale and a projected rental of approximately $3,000 per month. Consider the options; corporate housing, upscale apartments or resale condominiums. Cap rate and GRM are Proforma based. Unit specs are as follows: gourmet kitchens with granite counters, custom hand crafted cabinetry, and all stainless steel appliances. There are 6 distinct floor plans ranging from 1,450 to 1,750 square feet. These condominiums feature large spacious bedrooms with all the amenities. The master suites are large and feature walk in closets and a master bath. Other designer amenities include custom hardwood flooring, recessed lighting, cat 5 wiring, gas fireplaces, in unit laundry, extremely large secured underground parking with approximately 12 guest spots and gated entry.

Brokered And Advertised By: Rodeo Realty
Listing Agent: Michael Barasch

Features

Year Built:
 2009
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Neighborhood Information

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URL for this listing: http://www.realestatebook.com/homes/listing/106-3524882/4557-Coldwater-Canyon-Studio-City-CA-91604/

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More Studio City Real Estate From Real Estate Book
This property located at 4557 Coldwater Canyon is currently for sale.  4557 Coldwater Canyon is in the 91604 ZIP code in Studio City, California. This property is listed by Michael Barasch for $13,000,000. 4557 Coldwater Canyon has 2 bedrooms, 2 bathrooms, and was built in2009.