Sherman Oaks, CA 91423,Address not disclosed
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Sherman Oaks, CA 91423,Address not disclosed
Sherman Oaks, CA 91423,Address not disclosed
Sherman Oaks, CA 91423,Address not disclosed
Sherman Oaks, CA 91423,Address not disclosed

$2,700,000

Est. payment /mo

$2,995,000

9.8%
Est.Price: ?

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Address not disclosed Sherman Oaks, CA 91423

13 Beds

13 Baths

7,820 SqFt

SOLD DATE : 06/07/2024

Key Details

Sold Price $2,700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,820 sqft

Price per Sqft $345

MLS Listing ID 24363627

Sold Date 06/07/24

Bedrooms 13

HOA Y/N No

Year Built 1954

Lot Size 0.348 Acres

Acres 0.348

Property Description

The offering is a rare and attractive value add investment property located in Prime Sherman Oaks Adjacent to Studio City. The property is situated in one of the trendiest neighborhoods in the San Fernando Valley, located just off of Ventura Blvd tenants are within close walking distance to the New Sportsman Lodge where there is an abundance of plethora of fine dining, shopping, and entertainment options. This is a brilliant opportunity for a savvy investor to acquire an ultra-prime Valley Location with significant value-add potential. There is an excellent unit mix consisting of Twelve 1 Bedroom / 1 Bathroom Units and One Studio Unit which is, very desirable for today's rental market. Two of the Units will be delivered Vacant at the close of escrow. The property sits on a large 15,160 SF Lot and has 14 Uncovered Parking Spaces. All units are separately metered Gas and Electric. This Valuable Asset is available for Sale for the first time in+25 Years!

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Zoning LARD1.5

Interior

Heating Natural Gas

Fireplace No

Exterior

Garage Driveway Down Slope From Street

Parking Type Driveway Down Slope From Street

Total Parking Spaces 14

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2358022006

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Monempour • Lyon Stahl Investment Real Estate, Inc.
Bought with Michael Monempour • Lyon Stahl Investment Real Estate, Inc.

Jessie Rodriguez

Owner | Realtor | License ID: 01418054

+1(909) 657-1022

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