Amazing opportunity to own two homes on one lot! The front house has been recently remodeled and offers 1500 sq ft, 3 bedrooms and 3 baths, gorgeous engineered wood floors throughout, modern white shaker cabinets, with quartz countertops and stainless steel appliances. The very spacious master bedroom has a walk-in closet, a large master-bathroom with tiled walk-in shower and double vanity. The back house was built only 3 years ago and offers 1200 sq ft of open layout living area with 3 bedrooms and 2 bathrooms with 10' high ceilings. Modern white shaker cabinets with quartz countertops, stainless steel appliances and beautiful tiled showers. Each unit has its own separate address, electric meter and gas meter. One water meter for both properties. Both units are leased with approximately 1 year term remaining
Onward Capital as an exclusive broker is pleased to present a brand-new 4-unit complex (2 Duplex's) for sale. This 4-unit property features 2-detached buildings, all 3-story on grade with elevating rooftop views overlooking all of Los Angeles. The property includes (3) 4 bed, 4.5 bath units, (1) 3 bed, 3.5 bath units. 5545 Calhoun is a NON-RENT CONTOLLED and SPACIOUS 4-unit tri level townhome complex. Finishes in the unit are top of the line including high ceilings, walk in closets, designer kitchens, en-suite bathrooms and huge rooftop decks. A++ SHERMAN OAKS LOCATION. DELIVERED 100% LEASED AT A TRUE 5.22% CAP. 7 PARKING SPOTS TOTAL, 1 PRIVATE GARAGE AND 3 CARPORTS!LARGE ROOFTOP DECKS OVERLOOKING LOS ANGELES. ALL UNITED SEPERATLEY METERED FOR GAS, ELECTRIC, AND WATER. PERFECT OWNER OCCUPIED OPPORTUNITY!
For up to date and accurate information please contact Jim Mangassarian at Cell: 661-904-9383 or Bus: 661-286-8600 ext. 6697 or email at: [email protected] SHERMAN OAKS Triplex, 3 units with 3 separate addresses! With over 2400 square feet and total of 4 bedrooms & 3 baths on a 5158 square foot lot, currently zoned (LARD1.5). Prime corner lot in the heart of Sherman Oaks with tree lined street, well maintained, beautifully landscaped with pride of ownership. The lower level (5370 Circle Dr.) has a dedicated entrance, it has been renovated and move-in ready, has 2 bedrooms (both have walk-in closets), 1-bathroom, central air, large exclusive outdoor patio, an attached garage. The upstairs (5372 & 5374 Circle Dr.) offers two separate units, both are 1 bedroom, 1 bath each, both units have 3 walls with windows, offering plenty of natural light, plus both have air conditioning, there are also 3 separate garages, each of the 3 units has a private garage, plus plenty of additional parking. All three units are currently tenant occupied and, on a month-month lease. Newer dual pane windows in two of the units, each unit with a separate water heater, gas & electric meter, (plus a separate electric & gas meter for the building). Great location, great opportunity with much potential, don’t miss out on this rare, well kept, highly desirable Sherman Oaks opportunity, ideal for investors, developers and owner occupants. Please do not disturb current occupants, drive by only, contact listing agent for additional information.
***Please Contact Us For An OM***Brand new construction. Have someone else help pay your mortgage. One vacant owners unit available. Exceptional opportunity to acquire a luxurious multifamily property in the highly sought-after area of Sherman Oaks. This stunning property features three brand-new, impressively large townhomes, all exquisitely designed and crafted to the highest standards of modern living. The townhomes are non-rent controlled and are not subject to LA City rent control regulations. Currently, one 4+3 townhome is vacant (unit 3), presenting a unique opportunity for an owner-occupier. Each unit offers over 2,500 square feet of living space and features beautiful rooftop decks with stunning views of the surrounding area, perfect for entertaining and relaxation. The townhomes feature high-end finishes, including stainless steel appliances, quartz countertops, and hardwood flooring, with each unit boasting an in-unit washer/dryer, tankless water heater and a 2-car garage with direct unit access, providing added convenience and security. Don't miss out on the chance to own this exceptional multifamily property in Sherman Oaks, which represents the epitome of luxurious contemporary living. Contact us today to schedule a private tour and experience the unparalleled quality of this stunning development for yourself. Can be purchased with 3 units at 5653 Hazeltine.
Rare R3 Zoning. Calling all 1031 Clients & Investors! Discover a rare gem in Sherman Oaks, just North of Ventura Blvd. This prime location offers proximity to the 101 and 405 freeway, shopping malls, markets, and public transportation.Featuring four units with two bedrooms one bath, hardwood floors, living and dining breakfast areas, patios, and shared laundry, this property also includes "Approved Plans and Permits "to build two new additional units which are paid for with complete modern appliances, washer and dryer, maximizing its value.Each unit, approximately under 900 sq ft, presents immense potential, with an existing one already remodeled with a washer and dryer and boasting a private backyard. With four-car garage, driveway parking, solar panels, newer electrical and plumbing systems, this property promises significant rental potential and growth. Don't miss out on this remarkable investment opportunity!
15285 Sutton Street is a 19-unit apartment community located in a premier Sherman Oaks neighborhood. The building is on a tree-lined street and boasts great freeway access to the 405. The offering allows investors to acquire an irreplaceable turn-key asset in one of LA's most dynamic and stable markets. The property is well-maintained and has incredible curb appeal. The unit interiors offer a blend of midcentury style with modern convenience. Their vintage style offers ample cabinet and storage space in their open layout. Many units have a balcony with great natural light throughout. Ownership has just completed the buildout of three brand-new ADUs, totaling 1,416 additional square feet. The designs are modern, with brand-new bathrooms, kitchens, appliances, flooring, and sleek fixtures. Ownership has achieved great rents and set a model for future income.15286 Sutton Street is being offered for sale at a 6.2% Cap Rate and 11.2 GRM. The property is master-metered for electricity, water, and gas. Current ownership has implemented a RUBs System (Ratio Utility Billing System). The property is well-parked, with 15 onsite parking spaces. Soft-Story retrofit was completed in 2019. This building is located right off Sepulveda, two blocks south of Ventura Boulevard. It is close to Whole Foods, Blue Dog Tavern, Sherman Oaks Galleria, 24-Hour Fitness, and Yoga Studios, making it super convenient for tenants. With its prime location in Sherman Oaks, 15286 Sutton Street is an outstanding rental location for residents looking for immediate access to major employers, services, and entertainment venues. The proximity to world-class neighboring venues makes this an ideal investment for apartment operators seeking a stable investment opportunity and long-term wealth preservation and appreciation.
4524 Vista Del Monte Avenue is a 10-unit apartment community located in a premier Sherman Oaks neighborhood and only two blocks from Ventura Blvd. The offering allows investors to acquire an irreplaceable turn-key asset in one of LA's most dynamic and stable markets. 4524 Vista Del Monte Avenue is an attractive unit mix of four (4) 2-Bedroom/2-Bathroom Units, five (5) 1-Bedroom/1-Bathroom Units, and one (1) Studio Apartment. Each of the units is spacious and features central air-conditioning and sleek new renovations with upgraded baths, kitchens, and new flooring. Vista Del Monte Avenue boasts 7,614 square feet on a 6,649 square foot lot, zoned LAR3. As the property was originally built in 1985, it benefits from the AB1482 designation, offering 5% plus CPI, which currently means an 8.8% rent increase where applicable. Additionally, current ownership just completed the construction of 2 brand-new ADUs and received the Certificate of Occupancy. Both Units are Rented at Market Rates. The building amenity package includes common area laundry facilities, secured entry, amazon apartment lockers, and gated parking. Parking is available for ten (10) vehicles. This particular block of Vista Del Monte Avenue is a beautiful tree-lined street featuring numerous single-family homes and a quiet neighborhood community. With its prime location in Sherman Oaks, 4524 Vista Del Monte Avenue is an outstanding rental location for residents looking for immediate access to major employers, services, and entertainment venues. The proximity to world-class neighboring venues makes this an ideal investment for apartment operators seeking a stable investment opportunity and long-term wealth preservation and appreciation.
***Please Contact Us For An OM***Brand new construction. Have someone else help pay your mortgage. Two buildings with separate APNs can be purchased together or separately. Exceptional opportunity to acquire a luxurious multifamily property in the highly sought-after area of Sherman Oaks. This stunning property features six brand-new, impressively large townhomes, all exquisitely designed and crafted to the highest standards of modern living. The property offers an in-place Cap rate of 4.90%, the townhomes are non-rent controlled and are not subject to LA City rent control regulations. The property consists of two separate buildings on separate APNs, each with three townhomes, providing both privacy and exclusivity. Each unit offers over 2,500+ square feet of living space and features beautiful rooftop decks with stunning views of the surrounding area, perfect for entertaining and relaxation.The townhomes feature high-end finishes, including stainless steel appliances, quartz countertops, and hardwood flooring, with each unit boasting an in-unit washer/dryer, tankless water heater and a 2-car garage with direct unit access, providing added convenience and security.Don't miss out on the chance to own this exceptional multifamily property in Sherman Oaks, which represents the epitome of luxurious contemporary living. Contact us today to schedule a private tour and experience the unparalleled quality of this stunning development for yourself.
Explore this stunning triplex nestled in Van Nuys, boasting 4 bedrooms, 4 baths, and a generous 2,541 SqFt of living space. Each unit offers its own distinct charm, featuring a family room, laundry facilities, and a bedroom. The first unit welcomes you with a spacious, well-lit kitchen adorned with white tile counters and backsplashes, accompanied by ample storage. Its expansive family room exudes warmth with its wooden floors, complemented by a full bath equipped with a three-panel mirror and additional storage. Moving on to the second unit, you'll discover a sleek kitchen boasting black laminated granite countertops and a white tile backsplash, offering plenty of storage solutions. The kitchen bar seamlessly connects to the spacious family room, transitioning from tiled flooring to elegant wooden panels. The unit's polished ¾ bathroom features a stylish grey tile backsplash, while the bedroom offers comfort and brightness, complete with a ceiling fan. The final unit boasts an open floor plan, where a spacious family room seamlessly blends with a stylish kitchen, adorned with decorative walls and ample storage. Its bathroom boasts dual sinks, illuminated by LED mirrors, and offers the luxury of a separate bath and shower. The generously sized bedroom radiates brightness, while an additional room has been transformed into a functional workspace, conveniently housing the laundry within the building. Don't let this exceptional investment opportunity pass you by. Schedule your viewing today and seize the chance to own this remarkable property.
Location, location, location... Welcome to this triplex in the heart of Sherman Oaks, in a highly desirable area. The property is just a 5-minute drive from Ventura Blvd, where you can find a variety of shops and restaurants, and it offers easy access to freeways and transportation routes. This triplex is an excellent investment opportunity that can generate consistent rental income. It's important to note that the property is currently occupied, so please refrain from disturbing the tenants.
Discover an extraordinary investment opportunity in the heart of Sherman Oaks! This 10-unit apartment complex, nestled just half a block from the vibrant shopping and dining scene on Magnolia Boulevard, offers a blend of luxury and convenience. With spacious, townhouse-style units provide a comfortable living experience for tenants. This desirable rental area is located in one of Sherman Oaks’ most sought-after rental neighborhoods, this property boasts a consistently low vacancy ratio. Offering tenant comfort as residents enjoy air conditioning, hardwood floors, fireplaces, and private patios. The property has recent upgrades such as a brand-new roof and completed soft-story retrofitting enhance the property’s value. On-site tuck-under parking and shared laundry facilities add convenience and gated property. A true hidden gem tucked behind gates, this building offers a sense of exclusivity in a coveted neighborhood. Investment potential: With over 43.67% potential upside in rent, this property presents a compelling reposition opportunity. Don’t miss out on this chance to invest in a thriving area with strong income potential.
Assumable Financing Available for 4556 Hazeltine - $1,010,000 at 3.78% Fixed Until October 2026 (Chase)
IMPROVED PRICING AS SELLER HAS FOUND THEIR UPLEG -- PROPERTY IS PRICED TO SELL AND FEATURES THE LOWEST GRM AND HIGHEST CAP RATE AVAILABLE IN SHERMAN OAKS. More than 78% of the unit interiors have been thoroughly upgraded, featuring new amenities such as custom Calacatta quartz countertops, French Oak-inspired wood flooring, stainless steel appliances, and completely remodeled bathrooms. A new investor may be able to benefit from the already-completed upgrades to realize consistent income improvement, as area rents have steadily increased even in the short time since these renovations were completed. Moreover, a new owner can conduct a similar revitalization of the remaining three apartments to potentially recapture approximately 15% in rent upside. Because nearly all of the units are currently leased at or near market rent levels, the effects of local rent control have been essentially removed, leaving the new owner a market rental base similar to that of a non-rent controlled asset. Located near the intersection of Valleyheart Drive and Kester Avenue, the building sits only four blocks from the fine dining and premium boutiques along world renowned Ventura Boulevard. The property features spacious floorplans covering approximately 12,925 square feet across the 14 units. Recent macroeconomic fundamentals have provided strong tailwinds for apartment occupancy and rental rates, as more potential homeowners have remained in rental housing while single-family mortgage interest rates have more than doubled. With home values lagging in responding to these higher rates -- the median asking price for a single-family home in the 91403 zip code is currently $2,747,500, according to the MLS -- the barrier to homeownership for most renters remains extremely high, which in turn boosts overall apartment demand to the benefit of landlords. Situated in a very desirable neighborhood within the San Fernando Valley, the location allows tenants convenient access to numerous area amenities. The Sherman Oaks Galleria and Regal Cinemas sit mere blocks from the property, while the Westfield Fashion Square is approximately one mile east of the building. Whole Foods, Gelsons, Pavilions, and Trader Joe's are all in the immediate area, while several bars and restaurants along Ventura Boulevard provide excellent dining options. The building is also conveniently located equidistant from the booming Warner Center/Woodland Hills area and the creative campuses and studios within Burbank and Glendale, which allows the property to draw residents employed at each of those major hubs.
Tucked away in the coveted Sherman Oaks Hidden Park neighborhood, you'll discover a property featuring two fully remodeled units, each with its unique address! Both units are 3 bedrooms, one unit has 2 bathrooms, and one unit has 1.5 bathrooms. Both homes feature a host of amenities, including wide plank flooring, lofty ceilings, recessed lighting, dedicated laundry areas, and ample storage throughout. The well-appointed kitchens are equipped with stainless steel appliances, and the bathrooms showcase contemporary fixtures. The bedrooms are generously sized, offering plenty of natural light and come complete with spacious mirrored closets. Outside, the property is graced by beautifully landscaped grounds, a secure gated entrance, and six designated parking spaces. This property presents a remarkable opportunity with its two distinct homes on a single lot. Zoned LAR3 and offering development potential. Alternatively, you can choose to reside in one of the homes while leasing the other, providing an attractive income-generating option. The possibilities here are virtually limitless. Moreover, this property enjoys a highly desirable location, situated in proximity to popular dining establishments, shopping destinations, parks, and much more.
Sherman Oaks is located in California.
