0.29 Acres Lot
0.29 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV25149173
HOA Y/N No
Year Built 1964
Lot Size 0.288 Acres
Property Sub-Type Multi Family
Property Description
The property itself is a rare find: spacious, townhouse-style units that provide residents with the comfort and feel of a home rather than a typical apartment. These desirable layouts, coupled with features like central air and heat, hardwood floors, fireplaces, private patios, and on-site gated parking, set this asset apart from others in the market. The building has already undergone key capital improvements including a brand-new roof and completed soft-story seismic retrofitting, positioning it for long-term stability and low maintenance.
This is a true hidden gem—gated, private, and exclusive—nestled within one of the most in-demand rental pockets in Sherman Oaks. Known for its low vacancy rates and strong tenant demand, this area is a magnet for professionals and families seeking lifestyle, convenience, and comfort.
From an investment standpoint, the numbers speak for themselves: with a 43.67% potential upside in rents, this property is a prime reposition opportunity in a market where rent growth continues to climb. With limited new rental inventory in the area and increasing demand for larger, well-located units, this property stands to significantly increase cash flow post-renovation or strategic upgrades.
Whether you're looking to add a trophy asset to your portfolio or secure a high-performing investment in a blue-chip neighborhood, this Sherman Oaks multifamily offering checks all the boxes.
Opportunities like this rarely come to market. Contact us today to schedule a private tour and explore how this incredible asset can elevate your portfolio.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Interior
Heating Wall Furnace
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 6
Fence Chain Link, Wood, Wrought Iron
Community Features Gated
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Asphalt
Total Parking Spaces 6
Building
Lot Description 0-1 Unit/Acre, Sprinklers In Front
Story 2
Water Public
Others
Tax ID 2249022020
Security Features Gated Community,Key Card Entry,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Contract, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Contract, 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
REVIEWS
MORTGAGE CALCULATOR
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