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Kabir Villas 4824-4832 Hazeltine Ave 16 Unit Apartment Building $4,900,000 ($306,250/Unit) 5.40% Cap Rate Sherman Oaks, CA 91423
Investment Highlights
- 2 Parcels, 2 buildings- No on-site management required!
- Upside in Rents!
- Mostly remodeled units
- Cap Rate: 5.4% on actual, 7.95% proforma
- Courtyard
- Very Walkable- Across 2 Trader Joe's!, Van Nuys/Sherman Oaks Park, Westfield Fashion Square
Executive Summary
16 units, comprised of 2 buildings (2 APN's) therefore on-site management not required. 4824 Hazeltine consits of 8 units, with its mirror 4832 Hazeltine Ave consisting of 8 units. Ideal unit mix. 16 parking spaces. Mostly renovated units. Tranquil courtyard providing an inviting environment. Across from not one but two Trader Joe's!, Across from Van Nuys/Sherman Oaks Park, and steps away from Westfield Fashion Square mall. Tenants benefit from immediate access to everyday conveniences, lifestyle amenities, and neighborhood services that enhance overall livability. The surrounding area supports strong walkability and remains one of the most sought after residential pockets in the Valley. DO NOT DISTURB TENANTS!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,900,000 | Apartment Style | Low-Rise |
| Price Per Unit | $306,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 5.40% | Building Size | 14,136 SF |
| Gross Rent Multiplier | 12.12 | Average Occupancy | 94% |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.13/1,000 SF |
| Zoning | R3-1, Van Nuys | ||
| Price | $4,900,000 |
| Price Per Unit | $306,250 |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| Gross Rent Multiplier | 12.12 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 14,136 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | R3-1, Van Nuys |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+2 | 4 | - | - |
| 1+1 | 8 | - | - |
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Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Total Assessment | $1,634,137 | |
| Land Assessment | $539,581 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,094,556 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$539,581
Improvements Assessment
$1,094,556
Total Assessment
$1,634,137
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Contact the Sale Advisor
Kabir Villas | 4824-4832 Hazeltine Ave