Built in 2005, this exceptionally well-maintained 8-unit apartment building offers a rare investment opportunity in the highly-sought-after submarket of Sherman Oaks. Each spacious townhouse-style unit features well-appointed kitchens with granite countertops, refrigerator, range/oven, dishwasher, & microwave, soaring 10' bedroom ceilings, individual central HVAC systems, energy-efficient tankless water heaters, and in-unit washer/dryer. Perfect for 1031 exchange buyers or investors looking to expand their portfolio with a turnkey, low-maintenance property. The building is individually metered for gas and electricity. Not subject to Los Angeles Rent Stabilization Ordinance (RSO), providing investors with valuable flexibility in this high-demand rental market.
MLS# | 25504293 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 2005 |
Days On Site | 59 |
Listing Provided By | Keller Williams Beverly Hills 310-432-6400 | Austin Chen |
Bed(s) | 14 |
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Bath(s) | 22 |
SQ Feet | 9,888 |
Story(s) | 2 |
Units | 8 |
Building(s) | 1 |
Zoning | LAR3 |
Acreage | 0.19 |
State | CA |
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County | Los Angeles |
City | Sherman Oaks |
Zip Code | 91423 |
Area | SO Sherman Oaks |
Listing VS Median (in 91423) | |
Price: $3,995,000 low | high Med: $1,149,000 SqFt: 9,888 low | high Med: 2,136 $ / SqFt: $404 low | high Med: $541 On site: 59 low | high Med: 40.000000 |