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This Multifamily Property is no longer advertised on LoopNet.com.
15050 Moorpark
Sherman Oaks, CA 91403
Multifamily Property For Sale
·
25 Units

Investment Highlights
- 15050 Moorpark St is a 25-Unit value add opportunity located in prime Sherman Oaks. (Contact Brokers for OM)
- The property has been under the same ownership for the past 20 years and non-rent control assets of this size and location do not trade frequently.
- By implementing an extensive interior and exterior renovation plan, a subsequent buyer can capture significant loss-to-lease on rents.
- The property is not subject to Los Angeles RSO and fall under the guidelines of AB-1482 allowing for larger rent increases each year.
- Ideally situated steps from the vibrant heart of Sherman Oaks. Residents can enjoy a lively mix of dining, shopping, and entertainment options.
- Property features rent driving physical plant with semi subterranean gated parking, in-unit fireplaces, gated access, and spacious floorplan.
Property Facts
| No. Units | 25 | Lot Size | 0.41 AC |
| Property Type | Multifamily | Building Size | 19,482 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1984 |
| Building Class | C | ||
| Zoning | R4-1, Los Angeles - Multiple Dwelling Zone | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 19,482 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Zoning | R4-1, Los Angeles - Multiple Dwelling Zone |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Heating
- Kitchen
- Range
- Smoke Free
Site Amenities
- Spa
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 1 | $3,150 | 1,000 |
| 1+1.5 | 24 | $2,225 | 811 |
Property Taxes
| Parcel Number | 2264-016-050 | Improvements Assessment | $2,305,825 |
| Land Assessment | $996,869 | Total Assessment | $3,302,694 |
Property Taxes
Parcel Number
2264-016-050
Land Assessment
$996,869
Improvements Assessment
$2,305,825
Total Assessment
$3,302,694
Listing ID: 33222492
Date on Market: 9/18/2024
Last Updated:
Address: 15050 Moorpark, Sherman Oaks, CA 91403
The Multifamily Property at 15050 Moorpark, Sherman Oaks, CA 91403 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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