Sherman Oaks, CA 91423
- $2,700,000
- 13
- BD
- 13
- BA
- 7,820
- SqFt
List Agent Michael Monempour () 310-883-7070 Lyon Stahl Investment Real Estate, Inc.; CoList () Courtesy of Selling Office: Lyon Stahl Investment Real Estate, Inc., Michael Monempour - Selling Agent DRE# and Courtesy of Listing Office Lyon Stahl Investment Real Estate, Inc., Michael Monempour - Agent DRE#
- Sold Price
- $2,700,000
- List Price
- $2,995,000
- Closing Date
- Jun 07, 2024
- Status
- CLOSED
- MLS#
- 24363627
- Year Built
- 1954
- Bedrooms
- 13
- Bathrooms
- 13
- Living Sq. Ft
- 7,820
- Lot Size
- 15,160
- Days on Market
- 69
- Property Type
- Multifamily
- Stories
- Two Levels
Property 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 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!
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Additional Information
- Heat
- Natural Gas
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.