$3,370,000
$3,499,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
0.37 Acres Lot
SOLD DATE : 08/15/2014
Key Details
Sold Price $3,370,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 214015998
Sold Date 08/15/14
HOA Y/N No
Year Built 1962
Annual Tax Amount $38,489
Lot Size 0.374 Acres
Property Description
We are proud to present a great opportunity to purchase a well maintained 20 unit multifamily investment in prime Sherman Oaks location, less than 1 mile from Sherman Oaks Galleria. The building was built in 1962 and has a unit mix of 20 (1+1) situated on a 16,276 sq ft corner lot. The property has tremendous upside potential in rents, excellent frontage on Magnolia and offers various amenities such as a sparkling swimming pool, BBQ area, outdoor seating, gated intercom access, secured parking in the back and on-site laundry facility. The property features newer copper plumbing, new central water heater, 21 parking spaces, separate meters for gas & electric and located in a prime rental location walking distance to schools, parks and shopping.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LAR3
Interior
Flooring Carpet, Laminate
Fireplace No
Exterior
Garage Spaces 21.0
Garage Description 21.0
Pool In Ground
View Y/N No
Private Pool No
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Tax ID 2263003010
Energy Description 3670.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Hirsch Sherman • Keller Williams Realty Calabasas