Sherman Oaks, CA 91411,14550 Burbank BLVD
Sherman Oaks, CA 91411,14550 Burbank BLVD
Sherman Oaks, CA 91411,14550 Burbank BLVD
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$3,950,000
Est. payment /mo
6,246 Sqft Lot
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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


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California Regional MLS (CRMLS)
Listed by Gerardo Ascencio • Mission Real Estate • 818-483-6550