Property
Beds
26
Full Baths
None
1/2 Baths
None
Year Built
1987
Sq.Footage
15,600
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.
Features & Amenities
Interior
-
Total Bedrooms
26
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Garage, Community Structure, Side By Side, Tandem
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.3062
-
Property Type
Residential Income
-
Architectural Style
Traditional
Price
-
Sales Price
$5,595,000
-
Sq. Footage
15, 600
-
Price/SqFt
$358
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Sally Forster Jones , Compass
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