4329 Van Nuys blvd, Sherman Oaks, CA 91403
Active
$2,475,000
1%
5 Units
6 Beds
6 Baths
4,830 Area(sq.ft.)
Lot: 5,987 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1.75 | No | $ 2,695 | $ 2,695 | $ 2,750 |
| Unit 2 | 2 | 1 | 1.50 | No | $ 2,080 | $ 2,080 | $ 2,150 |
| Unit 3 | 3 | 1 | 1.50 | No | n/a | n/a | $ 2,150 |
| Unit 4 | 4 | 1 | 1.50 | No | $ 2,050 | $ 2,050 | $ 2,150 |
| Unit 5 | 5 | 1 | 1.50 | No | $ 1,571 | $ 1,571 | $ 2,150 |
| 15 | 16 | 30 | $ 22,912 | $ 22,912 | $ 32,850 |
| MLS #: | 25499159 |
| Days On Market: | 304 |
| Listing Date: | February 5, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 512 |
| Price per unit: | $ 495,000 |
Property Details
Trophy location. corner property with an alley in the back . MUST BE PURCHASED TOGETHER WITH NEXT DOOR PROPERTY AT 4323 VAN NUYS BLVD. Walk to all restaurants, shops and Sherman Oaks village .This is a great opportunity in the densely populated Sherman Oaks neighborhood.This area is situated within the Transit Oriented Communities (TOC) Tier 2. Existing 2 ( FIVE ) unit buildings on two separate lots , Approx proforma annual income of approx. $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.Asking price $4,975,000 .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
| Vacancy Rate: | 3% |
| Gross Operating Income: | $ 98,077 |
| Total Annual Expense: | $ 56,300 |
| Net Operating Income: | $ 41,777 |
| Gross Annual Income: | $ 98,077 |
| Gross Rent Multiplier: | 16.00 |
| Actual Gross Rent: | $ 152,000 |
Structure
| Type of Units: | apartment |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | LARD1.5 |
| Parking Garage: | Detached |
| Total Parking: | 10 |
Interior
| Cooking Appliances: | Convection Oven, Cooktop - Gas |
| AC/Cooling: | Air Conditioning, Wall/Window |
| Equipment: | Cable, Garbage Disposal, Dryer, Dishwasher, Hood Fan |
| Heating: | Forced Air |
| Laundry: | Room |
Exterior
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