Active
$2,475,000
1%
5 Units
9 Beds
8 Baths
4,975 Area(sq.ft.)
Lot: 6,079 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 3,692 | $ 3,692 | $ 4,000 |
| Unit 2 | 2 | 1 | 1 | No | $ 2,028 | $ 2,028 | $ 2,150 |
| Unit 3 | 3 | 2 | 2 | No | $ 3,034 | $ 3,034 | $ 2,750 |
| Unit 4 | 4 | 2 | 2 | No | $ 2,595 | $ 2,595 | $ 2,750 |
| Unit 5 | 5 | 2 | 2 | No | $ 2,595 | $ 2,595 | $ 2,750 |
| 15 | 29 | 28 | $ 40,205 | $ 40,205 | $ 41,300 |
| MLS #: | 25499179 |
| Days On Market: | 304 |
| Listing Date: | February 5, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 497 |
| Price per unit: | $ 495,000 |
| Year Built: | 1933 |
Property Details
Trophy location. Corner property with an alley in the back . MUST BE PURCHASED TOGETHER WITH NEXT DOOR PROPERTY AT 4329 VAN NUYS BLVD. Walk to all restaurants, shops in Sherman Oaks village in the densely populated city of Sherman Oaks . This area is situated within the Transit Oriented Communities (TOC) Tier 2. Existing 2 ( FIVE ) unit buildings on two separate lots , Approx. performa annual income of $304,000 . Total lot size 11,9852 sq.ft. , Living space sq. ft 9,820 sq.ft . 4323 Van Nuys blvd. ( APN # 2276014002) consists of (1) single story 3 br, 2 bath house , (2 ) two br ,1 bath & ( 2) one br,1 bath units .4329 Van Nuys blvd . ( APN # 2276014001) consists of (1 ) 2 Br +den , 1 bath owner's unit and ( 2) two br ,1 bath & (2 ) one br. 1 bath units.A unique Buy & hold or development opportunity for investors and builders in prime area of Sherman Oaks South of Ventura Blvd.Buyer to verify zoning , lot size, age of the building and applicable requirements to develop .Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes, 100% |
| Vacancy Rate: | 3750% |
| Gross Operating Income: | $ 125,155 |
| Total Annual Expense: | $ 43,280 |
| Net Operating Income: | $ 81,875 |
| Gross Annual Income: | $ 125,155 |
| Gross Rent Multiplier: | 16.50 |
| Actual Gross Rent: | $ 125,155 |
Structure
| Type of Units: | 5 |
| Buildings: | 1 |
| Levels: | One |
| Security Features: | None |
| Sewer: | In Street Paid |
| Water: | Public |
Land & Parking
| Zoning: | LARD1.5 |
| Parking Garage: | Detached |
Interior
| Cooking Appliances: | Convection Oven, Gas |
| AC/Cooling: | Air Conditioning, Wall/Window |
| Equipment: | Garbage Disposal, Cable, Dryer |
| Heating: | Forced Air |
| Fireplace Rooms: | None |
| Laundry: | Room |
Exterior
Detailed Map
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Income
