$5,595,000
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26 Beds
26 Baths
15,600 SqFt
SOLD DATE : 09/15/2023
Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 15,600 sqft
Price per Sqft $404
MLS Listing ID 23292197
Sold Date 09/15/23
Bedrooms 26
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1987
Lot Size 0.306 Acres
Property Description
Presenting a rare opportunity to own a pristine 18-unit complex one block south of Ventura Boulevard in one of the most desirable areas of Sherman Oaks. With 100% occupancy, tenants enjoy convenient, walkable access to numerous shopping, dining, public transportation, and entertainment options all within close proximity. This offering presents major upside income potential as rents are currently low and can be increased. The building offers a desirable unit mix, an abundance of parking, low price per square foot, low price per unit, and excellent cap rate. The property is in very good condition with most of the apartments having been upgraded and remodeled. Pride of ownership is present throughout. Do not enter property to disturb tenants; drive by only.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Wood
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry Common Area
Exterior
Parking Features Garage, Community Structure, Side By Side, Tandem
Total Parking Spaces 28
Building
Story 3
Entry Level Multi/Split
Sewer Sewer Tap Paid
Architectural Style Traditional
Level or Stories Multi/Split
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 2266001029
Security Features Security Gate,Key Card Entry
Special Listing Condition Standard
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Bought with Sally Forster Jones Compass
