4538 Tujunga Avenue
Studio City, CA, 91602
$1,299,000
Original list price: $1,399,000
MLS: OC26095933
Beds
—
Baths
—
Sq Ft
1,780
Lot
0.14 ac
Year Built
1939
MLS #
OC26095933
Days on Market
164
Listed
May 12, 2026
Description
THOUGHTFULLY RENOVATED DUPLEX FOR HOME LIVING, RENTAL INCOME, AND MULTI-ADU OPPORTUNITY. Nestled in Studio City's historic Tujunga Village, this beautifully renovated duplex offers a rare chance to invest in one of the neighborhood's charming pockets. Enjoy your home (front or back unit) while subsidizing monthly mortgage payments with rental income from the other, or, rent both units out. PROPERTY INCLUDES 2 UNITS. Each unit features 2-bedroom, 1-bathroom designs that have been thoughtfully updated and equipped for comfortable everyday living. FRONT UNIT (4538 Tujunga Ave): 940 sq ft features a living room, in-unit washer/dryer, two-car side-by-side driveway parking, gas range/oven, refrigerator, dishwasher, and microwave range. It is currently tenant-occupied at monthly income payments of $3,060 with the potential for $3,700 a month in rent. BACK UNIT (4536 Tujunga Ave): 840 sq ft feels like a private retreat and features an expansive private rear yard, detached garage/storage, in-unit washer/dryer, dishwasher, refrigerator, gas oven/range, BBQ grill, and microwave range. MULTIPLE ADU OPPORTUNITY: Garage conversion plans for a 347 SF ADU were previously approved (May 2023) and can be resubmitted for streamlined city review. Potential for a second ADU in generous rear yard, subject to City approval. This duplex property offers immediate access to some of the area’s best shopping, dining, and cafés, including Aroma Coffee and Jon & Vinny’s. Erewhon, Trader Joe’s, and the vibrant Ventura Boulevard dining scene are all just minutes away. The property also enjoys close proximity to the NoHo Arts District, Toluca Lake, Sherman Oaks, Burbank, and Hollywood. With convenient freeway access and strong transit connectivity, Film and Television Studios, the Westside, and other major employment hubs are all within an easy commute. Zip code 91602.
Location
Studio City, Los Angeles County, CA 91602
Open on Google Maps ↗Listed by: Julian Nan · Del Rey Residential
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$10,171
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $129,900 · Loan: $1,169,100
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,031
- Property tax (1.25%)
- $1,353
- Homeowners insurance
- $300
- Mortgage insurance
- $487
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Studio City home with as little as 3.5% down using an FHA loan — roughly $45,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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