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14446 Dickens Street

Sherman Oaks, CA 91423
  • $1,695,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: GD23169975
New On Site 6 Days Ago
$1,695,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Listing Agent(s): Artak Dovlatyan of Specialized Realty (818-546-1212)


Description

Specialized Realty proudly presents the sale of 14446 Dickens Street in Sherman Oaks, CA. It is an amazing investment opportunity to acquire a 6-unit trophy asset with future upside centrally located in Sherman Oaks south of Ventura Blvd. The property is subject to RSO (Rent Stabilization Ordinance) and is comprised of an excellent mix of 6 bungalow style units: four (4) studio/1bath and two (2) 1bed/1bath units. Zoned LARD1.5-1, the offering is comprised of 2 separate buildings situated on a 6,802 SF lot with 2,348 SF of gross rentable area and features 2 remodeled studio units and individual meters for gas & electricity. Current gross rents total $5,314/mo, with a potential projected gross income of $12,970/mo. This is a tremendous opportunity to acquire a property in a highly affluent and desirable neighborhood for only $282,500 a door not to mention the potential for future development.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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.
www.theziagroup.com/homes/143438233
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14446 Dickens Street Sherman Oaks, CA 91423

  • Price: $1,695,000
  • Status: Active
  • On Site: 6 Days
  • MLS #: GD23169975
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1938
Built
Neighborhood:
SO - Sherman Oaks
County:
Los Angeles
Area:
SO - Sherman Oaks
Property Description
Specialized Realty proudly presents the sale of 14446 Dickens Street in Sherman Oaks, CA. It is an amazing investment opportunity to acquire a 6-unit trophy asset with future upside centrally located in Sherman Oaks south of Ventura Blvd. The property is subject to RSO (Rent Stabilization Ordinance) and is comprised of an excellent mix of 6 bungalow style units: four (4) studio/1bath and two (2) 1bed/1bath units. Zoned LARD1.5-1, the offering is comprised of 2 separate buildings situated on a 6,802 SF lot with 2,348 SF of gross rentable area and features 2 remodeled studio units and individual meters for gas & electricity. Current gross rents total $5,314/mo, with a potential projected gross income of $12,970/mo. This is a tremendous opportunity to acquire a property in a highly affluent and desirable neighborhood for only $282,500 a door not to mention the potential for future development.
Exterior Features

Architectural Style Bungalow Carport Spaces 6 Carport YN Yes Entry Level 1 Entry Location Front Porch Fencing None Lot Features Rectangular Lot Number Of Separate Electric Meters 6 Parking Features CarportDetached Carport Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.8 Common Interest Community Apartment Community Features Urban Disclosures Rent Control Garage YN No Gross Income 111648 Gross Scheduled Income 111648 Insurance Expense 3175 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 81323 New Construction YN No New Taxes Expense 22740 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 30325 Other Expense 1610 Property Condition Updated/Remodeled Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasSewerTrash Collection Total Actual Rent 111648 Trash Expense 0 Water Sewer Expense 2800 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Artak Dovlatyan of Specialized Realty (818-546-1212)