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5500 Vesper Ave
Sherman Oaks, CA 91411
Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 6,276 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1987/2019 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Zoning | RD2, City of L.A. | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 6,276 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2019 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | RD2, City of L.A. |
ABOUT 5500 VESPER AVE , SHERMAN OAKS, CA 91411
For sale, a 5 unit Non - Rent Controlled multifamily apartment building located in prime, Sherman Oaks. Great value add opportunity for an investor, with potentially 27% rental upside. The property is located on a quiet residential street, south of Burbank Blvd, between Van Nuys and Kester Blvd. Built in 1987, property features include; large 2 bed 2 bath units, averaging around 1,200 square feet, private balconies and patios, 10 parking spaces, gated parking and entry, exterior storage, copper plumbing, central HVAC units, individual water heaters, landlord owned washer and dryer, along with a freshly painted and landscaped building. Parking retrofit is Not required. Do not miss out on the opportunity to purchase this amazing investment property.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,700 | 1,200 |
| 2+2 | 4 | $1,800 | 1,200 |
PROPERTY TAXES
| Parcel Number | 2249-002-016 | Improvements Assessment | $655,831 |
| Land Assessment | $612,928 | Total Assessment | $1,268,759 |
PROPERTY TAXES
