Description
Welcome to an exceptional investment opportunity in sherman oaks! this four-unit apartment building offers outstanding value for investors looking to capitalize on one of los angeles' most desirable neighborhoods. the property features a mix of one- and two-bedroom units, all situated in a prime location within this sought-after community.zoned r3, the property includes a recently renovated, spacious two-bedroom, two-bathroom unit with a large private backyard, along with three generously-sized one-bedroom, one-bathroom units. recent capital improvements ensure the building is in excellent condition, with upgrades including new copper piping, a new roof, earthquake retrofitting, double-paned windows and sliding doors, high-quality composite decking, a new fence, and low-maintenance artificial turf.units 1 and 3 have undergone extensive renovations, featuring sleek laminate flooring, modern kitchen cabinets, granite countertops, new appliances, and fully updated bathrooms with new tile, fixtures, and cabinetry.building amenities include common area laundry facilities, individually metered gas and electricity, secure entry, a combination of gated and garage parking, plus additional guest parking.located in a vibrant sherman oaks neighborhood, the property offers easy access to premier shopping, dining, and entertainment, as well as quick connections to the 101 and 405 freeways. outdoor enthusiasts will appreciate the proximity to nearby parks, including lake balboa park, which will host events during the 2028 la olympics.with consistently strong demand for one-bedroom units, this property ensures stable rental income and long-term profitability. its ideal location and well-maintained condition make it a rare, turn-key investment opportunity in one of la's most dynamic and resilient real estate markets. this is the perfect opportunity for investors seeking long-term wealth preservation and reliable returns.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48383443
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 6
Bathroom Information
- Total Baths: 5
- Full Baths: 0
- Half Baths: 0
Interior Features
- Interior Features: Ceiling Fan(s)
- Property Appliances: Refrigerator
Heating Source
- Forced Air
- Has Heating
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Exterior Features
Building Information
- Year Built: 1961
- Building Area Total: 3,474
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0985
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 4290
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Listing Information
Listing Price Information
- Original List Price: 1,350,000
- Listing Contract Date: 2025-01-20
Lease Information
- Listing Agreement: Seller Reserved
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Taxes / Assessments
Tax Information
- Parcel Number: 2250016033
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Covered,Guest,Side By Side
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: SO - Sherman Oaks
- Postal Code Plus 4: 3753
- Directions: Kester Ave between Magnolia and Burbank.
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: SO - Sherman Oaks
Building and Construction
- Property Age: 64
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 3474
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 01/22/2025 @ 21:40
- MLS: 25485851
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 6 bedrooms which is for sale, it has 3,474 sqft, 4,290 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Van Nuys , in zip code 91411, this Los Angeles County Home are nearby neighborhoods.