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13424 Moorpark St
Sherman Oaks, CA 91423
Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 5,847 SF
No. Stories 2
Year Built 1964
Parking Ratio 0.67/1,000 SF
Zoning R-3, Los Angeles

Amenities

Unit Amenities

  • Air Conditioning
  • Storage Space
  • Washer/Dryer Hookup
  • Hardwood Floors

Site Amenities

  • Laundry Facilities

About 13424 MOORPARK ST , SHERMAN OAKS, CA 91423

JUST REDUCED and now Best Valued Multifamily Assets in Sherman Oaks/Studio City with Highest CAP and lowest price per sqft !!! SHERMAN OAKS True Pride of Ownership--A charming, well maintained 6-unit Multifamily asset and first time on the market in over 20-years. The Property consists of an Outstanding Unit Mix in a predominantly Strong Rental Market and is comprised of one (1) 3-Bed + 2.5-Bath, three (3) 2-Bed + 2-Bath, and two (2) 1-Bed+1-Bath units. Individually Metered for gas and electric with 6-onsite Parking Spaces and Ample Street Parking. Recent Capital Improvements to include Newer Windows/Patio Doors, Newer Deck/Railing, Newer Water Heater, and still allowing upside with Rents 20%+ below Market. The Property also boasts from having select units recently remodeled and nearly 100% occupancy year round. Ideal as an Owner-User investment with the largest unit (3+2.5) having Central HVAC, separate interior laundry hookups, and tons of recent remodeling to the kitchen, living room and bedrooms. Also ideal for any first-time and/or experienced Multifamily Investor looking to own in SHERMAN OAKS. Centrally located to the 101, 405, 134, and 170 Freeways and less than 1-minute walking distance to VENTURA Blvd. The property sits exceptionally well within walking distance to restaurants, shops, and numerous outlets all throughout Sherman Oaks and Studio City. Per Seller, property is subject to Rent Control and Soft-Story Retrofit.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $1,416 -
2+2 3 $1,535 -
3+2 1 $2,300 -

Property Taxes

Property Taxes

Parcel Number
2360-010-001
Land Assessment
$1,338,620
Improvements Assessment
$836,637
Total Assessment
$2,175,257
  • Listing ID: 13636174

  • Date on Market: 8/29/2018

  • Last Updated:

  • Address: 13424 Moorpark St, Sherman Oaks, CA 91423

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