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19Total Baths

Price reduction! 9 unit multi-family apartment building in prime, Sherman Oaks. 16.86 GRM, 3.58 CAP Rate, with rental upside. (Eight) 2 bed 1.5 bath town house style units, along with (one) 2 bed 2 bath unit with Private fenced in backyard - patio. Seven of the units have been remodeled with stainless steel appliances, granite counters, laminate flooring downstairs, and new carpeting upstairs. All units have stackable washer / dryers, that are landlord owned and will be conveyed as part of the sale. All units have individual water heaters, and central HVAC units. There is gated entry to the parking lot, 18 tandem - open parking spaces. Property is in excellent condition. New exterior paint, and wood siding. NO SOFT STORY PARKING.

Listing Details

Essential Information

MLS® #: 17274358
Price: $3,345,000
Bedrooms: 18
Bathrooms: 19.00
Square Footage: 9,942
Year Built: 1977
Type: Income
Status: Active

Community Information

Address: 14328 Addison St
Area: Sherman Oaks (SO)
City: Sherman Oaks
County: Los Angeles
State: CA
Zip Code: 91423


Parking Spaces: 18
Parking: Assigned, Tandem


Appliances: Dishwasher, Dryer, Garbage Disposal, Washer
Heating: Central Furnace
Cooling: Central A/C, Ceiling Fan(s)
# of Stories: 2

Additional Information

Date Listed: September 26th, 2017
Days on Market: 113
Zoning: LAR3
HOA Fees: 0.00


$/SqFt: $336
Listing Agent: Charles Cohen (01852781)
Listing Office: Keller Williams-Santa Monica
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Last updated on January 17th, 2018 at 8:01pm PST