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13060 Burbank Blvd
Sherman Oaks, CA 91401
Multifamily Property For Sale
·
18 Units
Investment Highlights
- Property will be delivered with 3 vacant units, one which is unrenovated and gutted, allowing an investor to implement renovations
- Substantial upside in rents and potential to build 3 Accessory Dwelling Units (ADUs) to increase income
- Amenities include secured entry, on-site parking, a gated pool, on-site laundry facilities, and well-designed units
- Value-add investment opportunity positioned in prime Sherman Oaks, CA, a highly sought after neighborhood in Los Angeles.
- New roof was installed early 2019, building re-piping was done end of 2019, and soft story retrofit was completed in 2022
- Spacious and well-designed units with a strong unit mix of (1) Studio, (15) 1+1, (1) 2+1, and (2) 2+2 units
Property Facts
| No. Units | 18 | Building Size | 15,295 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.24/1,000 SF |
| Lot Size | 0.36 AC | ||
| Zoning | LARD1.5-1 - Five Or More Units Or Apartments | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 15,295 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | LARD1.5-1 - Five Or More Units Or Apartments |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Freezer
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Pool
- Tenant Controlled HVAC
- Gated
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 15 | - | - |
| 2+1 | 1 | - | - |
| 2+2 | 1 | - | - |
Property Taxes
| Parcel Number | 2345-006-001 | Improvements Assessment | $1,921,762 |
| Land Assessment | $832,759 | Total Assessment | $2,754,521 |
Property Taxes
Parcel Number
2345-006-001
Land Assessment
$832,759
Improvements Assessment
$1,921,762
Total Assessment
$2,754,521
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