$3,950,000
14550 Burbank BLVD Sherman Oaks, CA 91411
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$3,950,000
Est. payment /mo
6,246 Sqft Lot
Active
14550 Burbank BLVD Sherman Oaks, CA 91411
UPDATED:
11/13/2024 04:33 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24227055
HOA Y/N No
Year Built 2022
Lot Size 6,246 Sqft
Property Description
Presenting a fantastic investment opportunity in the heart of Sherman Oaks—a charming 6-unit apartment building with impressive revenue potential! This well-maintained, two-story property generates a robust gross income of $220,200 annually, offering an attractive cash flow for savvy investors. With 6,626 square feet of space, this building includes an underground parking garage with 10 parking spots, ensuring convenience and added value for tenants. A shared common area behind the building provides a cozy outdoor retreat for residents. Ideal for investors looking to capitalize on a strong income stream in a prime location, this property combines practicality and opportunity in one of Sherman Oaks' most desirable neighborhoods.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Inside, Stacked
Exterior
Utilities Available Natural Gas Connected, Sewer Connected, Water Connected
Building
Lot Description Back Yard, Desert Front, Garden
Story 3
Water Public
Others
Tax ID 2249001019
Special Listing Condition Standard
Listed by Gerardo Ascencio • Mission Real Estate • 818-483-6550
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