Description
Opportunity to purchase a 9 unit non rent controlled property in prime Sherman Oaks. Tremendous upside of 25% in the existing rents. Being sold by long time owner. Rents can be increased 9%+ January 2024. 100% occupancy.Spacious townhouse units average 970 Square feet and features central HVAC, wood flooring, patios and balconies, parking garage, securitized building, community laundry room, individual water heaters. Potential to convert to condos and or add additional living space to two of the units.Sherman Oaks Galleria and great shopping is within one mile of the property. Convenient access to the 405, 134 and 101 freeways. This opportunity will not last long. Pride of ownership building on nice corner lot.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Opportunity to purchase a 9 unit non rent controlled property in prime Sherman Oaks. Tremendous upside of 25% in the existing rents. Being sold by long time owner. Rents can be increased 9%+ January 2024. 100% occupancy.Spacious townhouse units average 970 Square feet and features central HVAC, wood flooring, patios and balconies, parking garage, securitized building, community laundry room, individual water heaters. Potential to convert to condos and or add additional living space to two of the units.Sherman Oaks Galleria and great shopping is within one mile of the property. Convenient access to the 405, 134 and 101 freeways. This opportunity will not last long. Pride of ownership building on nice corner lot.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-30T00:31:05.86. 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.