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5259 Sepulveda Blvd
Sherman Oaks, CA 91411
26u | Sherman Oaks | Value Add - 5.1% Mkt Cap · Multifamily Property For Sale
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28 Units
Investment Highlights
- OPEN HOUSE: Tues., Feb. 15th from 11am-2pm
- First time on mkt in almost 20 years; Owned and self-managed by owners; Value Add; 3.5% Cap - 5.1% at Market
- Roof overlayed in 2019 (over $58k); Copper plumbing in many of the units; 4 storage rooms for bldg (appx 6'x8'); 27 gated, covered parking spaces
- Excellent Sherman Oaks location on Sepulveda Boulevard; minutes to Ventura Boulevard; walk to Sherman Oaks Castle Park
- Quiet courtyard building with sparkling pool, covered community seating area, fitness room, controlled access, on-site laundry room, and elevator
- Separate dining areas, wood-style flooring in living areas, built-in drawers and vanities in bedrooms and central A/C and heat
Property Facts
| No. Units | 28 | Building Size | 17,298 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.56/1,000 SF |
| Lot Size | 0.38 AC | ||
| Zoning | LAR3 - Multiple Dwelling | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 17,298 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.56/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Disposal
- Storage Space
- Heating
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Built-In Bookshelves
- Deck
- Patio
Site Amenities
- Controlled Access
- Fitness Center
- Laundry Facilities
- Pool
- Property Manager on Site
- Security System
- Spa
- Gated
- Walking/Biking Trails
- Elevator
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 26 | - | 525 - 625 |
| Studios | 1 | - | 525 - 625 |
| 2+2 | 1 | - | 525 |
Property Taxes
| Parcel Number | 2250-002-006 | Improvements Assessment | $3,013,905 |
| Land Assessment | $4,520,746 | Total Assessment | $7,534,651 |
Property Taxes
Parcel Number
2250-002-006
Land Assessment
$4,520,746
Improvements Assessment
$3,013,905
Total Assessment
$7,534,651
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