4553 Willis Ave | Sherman Oaks, CA 91403
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- LoopNet Team
4553 Willis Ave
Sherman Oaks, CA 91403
Willis Park South Apartments · Multifamily Property For Sale
·
21 Units
INVESTMENT HIGHLIGHTS
- Well maintained 21 unit apartment building located in a prime Sherman Oaks location.
- Tremendous rental upside. Many of the rents are well below market.
- Situated near Ventura Boulevard, offering easy access to a variety of dining, shopping, and entertainment destinations.
- Tenant amenities include central air, dishwashers, elevator, controlled access, gated parking.
PROPERTY FACTS
| No. Units | 21 | Building Size | 17,712 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 1.58/1,000 SF |
| Lot Size | 0.39 AC | ||
| Zoning | LAR3 - Residential | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 17,712 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1973 |
| Parking Ratio | 1.58/1,000 SF |
| Zoning | LAR3 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Gated
- Elevator
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $1,300 | 500 |
| 1+1 | 19 | $1,715 | 700 |
| 2+2 | 1 | $2,381 | 950 |
PROPERTY TAXES
| Parcel Number | 2264-017-035 | Improvements Assessment | $796,635 |
| Land Assessment | $697,727 | Total Assessment | $1,494,362 |
PROPERTY TAXES
Parcel Number
2264-017-035
Land Assessment
$697,727
Improvements Assessment
$796,635
Total Assessment
$1,494,362
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