Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

Price

  • Sales Price

    $675,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Ricardo Dantas , Ricardo Dantas

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We are pleased to present the opportunity to acquire this 4 unit apartment building located on a major thoroughfare of the North Hollywood Sub Market of the City of Los Angeles. All four units are good sized two-bedroom one bath floorplans of approximately 825 sq. ft. The property has had many recent upgrades including new windows in 2014, copper plumbing in 2009, roof is known to be free of leaks and in sound condition. Zoned LAR3 and is on a raised foundation then wood frame and stucco. The building is a solid investment in which an investor can apply the basic property management action to increase rents over time and tap into the upside of this property which is currently about 100%. The property was built in 1955 and is subject to rent control. Principals are encouraged to contact listing broker to discuss a plan of accelerating the upside on this property.

11147 SHERMAN Way

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