4323-4329 Van Nuys Blvd | Sherman Oaks, CA 91403
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4323-4329 Van Nuys Blvd
Sherman Oaks, CA 91403
TWO INCOME PRODUCING 5 UNIT BUILDINGS . · Build-to-Rent Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- EXISTING LOAN OF $2.3 mil @ 3.25% FIXED UNTIL 11/1/28
- EXISTING APPROX. $300,000 IN ANNUAL GROSS INCOME
- TROPHY LOCATION ,DOUBLE CORNER LOT SOUTH OF VENTURA BLVD.
- IN THE HEART OF SHERMAN OAKS VILLAGE ,WALK TO ALL RESTAURANTS,SHOPS AND ETC.
- SOFT STORY RETROFITTING IS COMPLETED.
- BOTH PROPERTIES MUST SELL AND CLOSE ESCROW TOGETHER
PROPERTY FACTS
| No. Units | 10 | Property Size | 9,820 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1933/1975 |
| Costar Property Class | C | Parking Allocation | 1.83/1,000 sq ft |
| Total Plot Size | 0.28 ac | ||
| Use Class | LARD1.5 - Multi-Family | ||
| No. Units | 10 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.28 ac |
| Property Size | 9,820 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built/Renovated | 1933/1975 |
| Parking Allocation | 1.83/1,000 sq ft |
| Use Class | LARD1.5 - Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 3 | - | 600 |
| 2+2 | 6 | - | 800 |
| 3+2 | 1 | - | 1,482 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £1,291,878 | |
| Land Assessment | £2,333,009 | Total Assessment | £3,624,887 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£2,333,009
Improvements Assessment
£1,291,878
Total Assessment
£3,624,887
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