4742 Sepulveda Blvd, Sherman Oaks, CA 91403

$10,600,000
36
BD
39
BA
26,450
SqFt
List Price
$10,600,000
Price Change
▼ $425,000 1619481215
MLS#
21-695318
Year Built
2014
Bedrooms
36
Bathrooms
39
Living Sq. Ft
26,450
Lot Size
15,176
Days on Market
104
Property Type
Multifamily
Stories
3

Property Description

4742 Sepulveda Boulevard, a 19-unit turnkey property that can be delivered with two ADU's ready to rent. Constructed in 2014, this well-maintained trophy asset offers ease of management with 100% rent collection throughout COVID and a 4% cash on cash return starting on day one. Situated just north of Ventura Boulevard, the subject property is located near numerous offices, crowd-favorite restaurants and shopping centers. The 26,450 SF four-story building sits on a 15,276 SF lot, and is comprised of (18) two-bedroom units and (3) studios. The two-bedroom units average approx. 1,200 SF and studio units average approx. 620 SF. Each condo-quality unit features wood/tile flooring, stainless steel appliances, granite countertops, washer/dryer and balcony (only for two-bedrooms). Property amenities include secured entry, elevator, several well-maintained community courtyards, spacious rooftop deck with panoramic views of the San Fernando Valley and approx. 36 parking spots in a gated subterranean garage. With strong in-place tenant profiles and a Class-A location in the heart of the San Fernando Valley, 4742 Sepulveda Boulevard presents the perfect long-term opportunity for any type of investor. Property is subject to LA Rent Stabilization Ordinance.

Additional Information

Other Buildings
None
Heat
Central
Cooling
Central
Number of Cars in Garage
Subterranean, Gated

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of , Max Berger - CA DRE#

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