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14941 Burbank Blvd
Sherman Oaks, CA 91411
Mostly 2BR Units in Sherman Oaks | 42% Upside · Multifamily Property For Sale
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14 Units
Investment Highlights
- Excellent Unit Mix -- Mostly Two-Bedroom Apartments
- Select Units Upgraded with Granite Countertops, Wood Flooring, New Cabinets, New Ceiling Fans, and Remodeled Bathrooms
- Situated in One of the Most Desirable Cities of the San Fernando Valley
- Substantial Rent Upside -- Opportunity to Increase Income by Approximately 42%
- Current Rents Average Only $1.83 per Square Foot While Similar Properties Have Been Achieving $2.17-$2.93 per Square Foot
- Sherman Oaks Features One of the Highest Average Incomes in the Valley at Over $138,000 Annually
Property Facts
| No. Units | 14 | Lot Size | 0.35 AC |
| Property Type | Multifamily | Building Size | 11,921 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | ||
| Zoning | R3 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 11,921 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | R3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,412 | 600 |
| 2+2 | 9 | $1,547 | 900 |
| 3+2 | 1 | $1,676 | 1,200 |
Property Taxes
| Parcel Number | 2243-010-026 | Improvements Assessment | $1,548,983 |
| Land Assessment | $1,290,817 | Total Assessment | $2,839,800 |
Property Taxes
Parcel Number
2243-010-026
Land Assessment
$1,290,817
Improvements Assessment
$1,548,983
Total Assessment
$2,839,800
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