$2,700,000
$2,995,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
13 Beds
13 Baths
7,820 SqFt
SOLD DATE : 06/07/2024
Key Details
Sold Price $2,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,820 sqft
Price per Sqft $345
MLS Listing ID 24363627
Sold Date 06/07/24
Bedrooms 13
HOA Y/N No
Year Built 1954
Lot Size 0.348 Acres
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!
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LARD1.5
Interior
Heating Natural Gas
Fireplace No
Exterior
Garage Driveway Down Slope From Street
Parking Type Driveway Down Slope From Street
Total Parking Spaces 14
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2358022006
Special Listing Condition Standard
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Bought with Michael Monempour • Lyon Stahl Investment Real Estate, Inc.
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