Restricted Address
Restricted Address
$2,995,000
13
13
7,820
7,820
$383
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...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!
- Listed by Michael Monempour • DRE #01996829 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
Property Details for Restricted Address
Zoning
LARD1.5
Parcel Number2358022006
Total Units13.0
Living Area7820
Source Living AreaVendor Enhanced
AreaSherman Oaks (SO)
Vacancy Rate15.4%
Lot Size Area15160
Location
LISTING UPDATED: 03/18/2024 04:31 PM
Property Details for Restricted Address
Status | Active |
---|---|
MLS # | 24-363627 |
Days on Market | 57 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1954 |
Lot Size | 0.35 AC / 15,160 SF |
County | Los Angeles County |
Location
Building Information for Restricted Address
Stories2Residences-Year Built1954Building Size-Lot Size0.35 AC / 15,160 SF
Payment Calculator
$17,517 per month
The Payment Calculator is for illustrative purposes only.
Property Information for Restricted Address
Property History for Restricted Address
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for Restricted Address
Taxable ValueLand$412,217Additions$632,569Total$1,044,786
Tax Record2023$14,061 ($1,172 / month)
Home Facts
Total Finished SqFt7,820 SqFtAbove Grade Finished SqFt7,820 SqFtLot Size15,155 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningLARD1.5CountyLOS ANGELESAPN2358-022-006
Schools near Restricted Address
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 5 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Riverside Drive Charter Elementary School CharterK to 5 | ||
Louis D. Armstrong Middle School Charter6 to 8 | ||
Ulysses S. Grant Senior High School Public9 to 12 | ||
High Tech LA Middle Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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