5707 Tilden AVE, Sherman Oaks, CA 91401
5707 Tilden AVE, Sherman Oaks, CA 91401
5707 Tilden AVE, Sherman Oaks, CA 91401
5707 Tilden AVE, Sherman Oaks, CA 91401
5707 Tilden AVE, Sherman Oaks, CA 91401
5707 Tilden AVE, Sherman Oaks, CA 91401
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,595,000
Est. payment | /mo

8 Beds

6 Baths

4,618 SqFt

Save
$ 1,595,000
Est. payment | /mo
Save

8 Beds

6 Baths

4,618 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,618 sqft

Price per Sqft $345

MLS Listing ID 25569175

Bedrooms 8

HOA Y/N No

Year Built 1952

Lot Size 6,751 Sqft

Property Description

With its high in-place CAP Rate of 6.58%, the property is one of the most attractively priced listings within one of the most desirable neighborhoods of Los Angeles.Because the property does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, a new owner benefits by saving on an otherwise costly expense (Buyer to verify). Expenses are reduced even further by the fact that trash service is provided by the City of Los Angeles at no cost to the landlord. A substantial revenue stream is generated by the property's storage units, which currently provide an additional $1,000 monthly beyond the apartment rental income collected.Located near the intersection of Van Nuys Boulevard and Burbank Boulevard, the building attracts residents with its convenient access to the amenities within Sherman Oaks, Studio City, Encino, and Valley Village. Costco and Target are each within a short driving distance, while the Westfield Fashion Square is just 1.7 miles away, with the high-end boutiques.

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Zoning LARD1.5

Interior

Fireplace No

Exterior

Parking Features Assigned

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2245006012

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Roderick 'Rick' Raymundo Marcus & Millichap #01357019

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.