$1,525,000
$1,565,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
7,501 Sqft Lot
SOLD DATE : 10/27/2023
Key Details
Sold Price $1,525,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23200057
Sold Date 10/27/23
HOA Y/N No
Year Built 1955
Lot Size 7,501 Sqft
Property Description
Sherman Oaks adjacent 6 unit building near Hazeltine Ave and Oxnard St. Excellent unit mix of four 2 bedroom / 1 bath units and two 1 bedroom /
1 bath units, including 1 Section 8 tenant. One 2 bedroom / 1 bath unit to be delivered VACANT! Majority of the units have been updated with modern kitchens, bathrooms, and new flooring. Several capital improvements have also been made including the installation of new windows and
upgrades to the building's electrical. Units are separately metered for gas and electric. Secured gated building and 6 carport parking in the back,
which may be converted to one or more ADUs. With an upside in rents of over 74%, this building presents an amazing opportunity to invest in a
value add building with high potential for appreciation. High-demand rental location in close proximity to the Van Nuys Courthouse, the restaurants
and shops along Ventura Blvd (which are minutes away), and with easy access to the 101 and 405 freeways.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LAR3
Interior
Fireplace No
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2240021012
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Michelle Crochet • Keller Williams Realty World Media Center
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA