Description
This pride of ownership five-unit apartment building located in Sherman Oaks, was built in 1953 and has an excellent unit mix of (4) 1bedroom + 1 bath units and (1) 2 bedroom + 1 bath unit. There is immediate potential for upside in rents as one unit will be delivered vacant.The building is 3,336 square feet and is situated on an 9,699 square foot lot.The property has a private laundry room and 5 covered parkingstalls.The location is within walking distance to Los Angeles Valley College, Notre Dame High School, Louis Armstrong Middle School, and theSherman Oaks Recreation Center. There are also many employment centers within walking distance, and/or a short bike or car ride whichattracts a quality tenant base and strong occupancy rate. Tenant also enjoy easy access to many restaurants, the Westfield Shopping Mall,as well as the 170, 101, and 405 freeways.Sherman Oaks is one of the most desirable communities in the San Fernando Valley that attract residents who seek a lifestyle of suburbancomforts. The neighborhoods close proximity to shopping malls, the Ventura Strip and the Noho Arts District means that an investor willenjoy the continued development of what is considered to be a premier "hub of the San Fernando Valley, providing for a solid long terminvestment with immediate added value.
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0BEDS
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0.22ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This pride of ownership five-unit apartment building located in Sherman Oaks, was built in 1953 and has an excellent unit mix of (4) 1bedroom + 1 bath units and (1) 2 bedroom + 1 bath unit. There is immediate potential for upside in rents as one unit will be delivered vacant.The building is 3,336 square feet and is situated on an 9,699 square foot lot.The property has a private laundry room and 5 covered parkingstalls.The location is within walking distance to Los Angeles Valley College, Notre Dame High School, Louis Armstrong Middle School, and theSherman Oaks Recreation Center. There are also many employment centers within walking distance, and/or a short bike or car ride whichattracts a quality tenant base and strong occupancy rate. Tenant also enjoy easy access to many restaurants, the Westfield Shopping Mall,as well as the 170, 101, and 405 freeways.Sherman Oaks is one of the most desirable communities in the San Fernando Valley that attract residents who seek a lifestyle of suburbancomforts. The neighborhoods close proximity to shopping malls, the Ventura Strip and the Noho Arts District means that an investor willenjoy the continued development of what is considered to be a premier "hub of the San Fernando Valley, providing for a solid long terminvestment with immediate added value.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-27T00:28:26.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.