Sherman Oaks, CA 91423,4405 Ventura Canyon Avenue
Sherman Oaks, CA 91423,4405 Ventura Canyon Avenue
Sherman Oaks, CA 91423,4405 Ventura Canyon Avenue
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$1,850,000

$1,850,000

Est.Price: ?

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Est. payment /mo

8 Beds

10 Baths

5,788 Sqft Lot


SOLD DATE : 08/07/2023

Key Details

Sold Price $1,850,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR23098586

Sold Date 08/07/23

Bedrooms 8

HOA Y/N No

Lot Size 5,788 Sqft

Property Description

This 4-unit apartment building is located at 4405 Ventura Canyon Avenue Sherman Oaks, CA 91423. The building was constructed in 1964 and has three large units with townhouse-style layout. This property offers on-site laundry facilities and four tandems + 1 parking space. The unit mix is comprised of one 1bedroom/1bathroom, one 2bedroom/2.5bathroom + den, one 2bedroom/2.5bathroom, and one 3bedroom/2.5bathroom totaling approximately 4,577 rentable square feet on approximately 5,788 square feet of land zoned LAR3. Furthermore, this fourplex recently had the roof completely replaced in 2019. A great unit mix coupled with good upside in potential rents make this fourplex an attractive opportunity for investors looking at prime locations in the San Fernando Valley. This Sherman Oaks fourplex is located at the corner of Moorpark Street and Ventura Canyon Boulevard, just one block North of Ventura Boulevard and only a short drive from the Sherman Oaks Galleria. Being so close to Ventura Boulevard gives this property great access to a dense array of bars, restaurants, shops and attractions. The property is well situated in the heart of Sherman Oaks and is closely to the 405/101 freeways. As well, the location allows easy access to the west side via Coldwater or Laurel Canyon.
This 4-unit apartment building is located at 4405 Ventura Canyon Avenue Sherman Oaks, CA 91423. The building was constructed in 1964 and has three large units with townhouse-style layout. This property offers on-site laundry facilities and four tandems + 1 parking space. The unit mix is comprised of one 1bedroom/1bathroom, one 2bedroom/2.5bathroom + den, one 2bedroom/2.5bathroom, and one 3bedroom/2.5bathroom totaling approximately 4,577 rentable square feet on approximately 5,788 square feet of land zoned LAR3. Furthermore, this fourplex recently had the roof completely replaced in 2019. A great unit mix coupled with good upside in potential rents make this fourplex an attractive opportunity for investors looking at prime locations in the San Fernando Valley. This Sherman Oaks fourplex is located at the corner of Moorpark Street and Ventura Canyon Boulevard, just one block North of Ventura Boulevard and only a short drive from the Sherman Oaks Galleria. Being so close to Ventura Boulevard gives this property great access to a dense array of bars, restaurants, shops and attractions. The property is well situated in the heart of Sherman Oaks and is closely to the 405/101 freeways. As well, the location allows easy access to the west side via Coldwater or Laurel Canyon.

Location

State CA

County Los Angeles

Area Sherman Oaks (91423)

Zoning Assessor

Building

Lot Description Corner Lot

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $51

Acceptable Financing Cash

Space Rent $2,825

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by Reza Ghobadi • Reza Ghobadi
Bought with Reza Ghobadi • Reza Ghobadi
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