$1,850,000
$1,850,000
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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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Bought with Reza Ghobadi • Reza Ghobadi
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