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$1,800,000
Est. payment /mo
10,667 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26094895
HOA Y/N No
Year Built 1953
Lot Size 10,667 Sqft
Property Sub-Type Apartment
Property Description
Positioned within the highly desirable Sherman Oaks submarket, this six-unit multifamily property combines stability with long-term investment appeal. Consisting of approximately 4,844 square feet on a 10,665-square-foot lot, the property offers a favorable unit mix and on-site parking with own enclosed garage. Built in 1953, the property carries potential for value-add renovations while maintaining solid fundamentals, supported by a historically low vacancy area.
Located along Burbank Boulevard—one of the San Fernando Valley's prominent east-west thoroughfares—the asset benefits from close proximity to major employment centers, retail corridors, and regional connectivity. Quick access to I-405 and US-101 positions the property within minutes of the greater Los Angeles network, including major business districts in Sherman Oaks, Encino, and Studio City. With strong local demographics and continued rental demand, this property presents both immediate income and long-term upside.
Located along Burbank Boulevard—one of the San Fernando Valley's prominent east-west thoroughfares—the asset benefits from close proximity to major employment centers, retail corridors, and regional connectivity. Quick access to I-405 and US-101 positions the property within minutes of the greater Los Angeles network, including major business districts in Sherman Oaks, Encino, and Studio City. With strong local demographics and continued rental demand, this property presents both immediate income and long-term upside.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Street Lights
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2244015020
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Lease Land No
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Listed by David White Element RE, Inc 818-371-3969, DRE #01311443
NEARBY SCHOOL & BUSINESS
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