$2,995,000
Active Under Contract
95 Days Online
13 Beds13 Baths7,820 SQFT
Active Under Contract

Address Withheld

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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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site95 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24363627
  • Home Size Source N/A
  • Year Built1954
  • Lot Size0.348 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Driveway Down Slope From Street
  • Parking Spaces 14
  • Number of Stories 22
  • Acreage 0.348
  • Zoning LARD1.5
  • Listing Conditions Standard

Interior Features

  • Heating Natural Gas

Community Features

  • Senior Community No
  • MLS Area SO - Sherman Oaks

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Monthly Payment (Est.)

$15,989
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Listings Nearby Address Withheld Sherman Oaks, CA 91423