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Key Details
Sold Price $2,475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,176 sqft
Price per Sqft $400
MLS Listing ID 24396955
Sold Date 08/29/24
Bedrooms 10
HOA Y/N No
Year Built 1954
Lot Size 0.264 Acres
Property Description
We are proud to present this 8-unit apartment building in a prime Sherman Oaks location. The property was built in 1954 and is subject to LA City Rent Control. There is an excellent unit mix that includes Two Two-Bedroom/Two-Bath Units and Six One-Bedroom/One-BathUnits. The property is walking distance to the endless dining, shopping, and entertainment options on Ventura Blvd. The Westfield FashionSquare Mall and the Sherman Oaks Recreation Center are both a short drive away. Access to the 101 Freeway on Woodman Ave is closeby, which provides easy access to the surrounding area and job opportunities.In addition to the great opportunity to own a fully occupied apartment building near Ventura Blvd, this is also a great redevelopment opportunity and/or has the potential to add ADU's (Buyer to verify). LA City Soft Story Retrofit work completed (Certificate of Compliance Pending)
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Garage Covered, Gated
Parking Type Covered, Gated
Total Parking Spaces 8
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2271016020
Special Listing Condition Standard
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Bought with Brett Sanson • Marcus & Millichap