We are pleased to present a very rare and attractive value add investment property located in Prime Sherman Oaks sandwiched between Studio City and Encino. The property is walking distance to a myriad of fine dining, shopping, and entertainment options. Built in 2014 (Subject to Rent Stabilized Ordinance), the asset is well maintained with little to no deferred maintenance. This is a brilliant opportunity for a savvy investor to acquire an ultra prime Sherman Oaks location with significant value-add potential with approximately 36% Upside in Market Rents. There is an excellent unit mix consisting of one Large 3 Bedroom / 2.5 Bathroom Townhome Unit that is suitable for an owner user, Six Spacious 2 Bedroom / 2 Bathrooms Units and One 1 Bedroom / 1 Bath Unit. All units are separately metered for gas & electric and have in-unit washer/ dryer. There is gated ample parking available on site for each of the units. In addition there is an assumable loan of $1,435,000 at a 3.15% interest rate for another 2.5 years.
Some words will not translate correctly. By using this feature, you accept this risk and agree to release Berkshire Hathaway HomeServices and its franchisees from any claims or damages resulting from incorrect translation.
Gary & Colleen Wolfson Office: (818) 597-4513 Email
Berkshire Hathaway HomeServices does not endorse any of the products or vendors, referenced on this material.
Any mention of vendors, products, or services is for informational purposes only.
Member of: Berkshire Hathaway HomeServices California Properties, (858) 792-6085 Agent Login | Agent CRM Login
Our website uses cookies, including third parties’ profiling cookies, to improve your user experience. You can learn more about how we use cookies and how to change your
cookies settings in our Privacy Policy. By closing this message, clicking above or continuing to use this site, you consent to our use of cookies.