15025 Burbank Blvd., Sherman Oaks, CA 91411 - SR20106536

Listing ID : CRSR20106536

Lot Size
6,218 Sqft
Year
1961

Description

We are proud to represent this 4-unit apartment building in Sherman Oaks. The building was constructed in 1961. Its unit mix consists of (1) one-bedroom, one-bathroom unit, (2) two-bedroom, one-bathroom units, and (1) three-bedroom, one and three quarters bathroom unit. With a lot size of 6,294 square feet, the property has a total of 3,324 rentable square feet. The property has been well maintained and features a front unit with a fireplace, copper plumbing, and all units in excellent condition. The tenants enjoy close proximity to the Sherman Oaks Galleria, Sherman Oaks Fashion Square, Sepulveda Dam Recreation Area, and numerous upscale restaurants and movie theaters on Ventura Blvd. The property is in close proximity to the 405 & 101 freeways, two Orange Line transit stations, and is surrounded by an established residential tree lined neighborhood. The property is separately metered for gas and electricity.

Details

Type: Multi-Family/Income Sale

Subdivision: So - Sherman Oaks

MLS Area: SO - Sherman Oaks

County: Los Angeles

Tax ID: 2243009024

Cap Rate: 3.22%

Gross Rent Multiplier: 19.52

Laundry: Community Facility

Number of Buildings: 1

Number of Units: 4

Property Type: Commercial Sale

Sub Type: Fourplex

Water: District - Public

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15025 Burbank Blvd., Sherman Oaks, CA 91411
Directions to here from: 155 mi

Area Information 91411

Population:

25,230 Up .02% since 2010

Average Income:

$82,344

Average Age:

35Years

Gender:

50.69%Male
49.31%Female

Households:

9,53828.84% with children

Average Value:

$914,279

Occupancy:

25.62%Owned
74.38%Rented
6.13%Vacant

Education:

18.08%High School
6.8%Associate
24.63%Bachelor
7.15%Graduate

Average Residency:

19Years

Crime Rate:

Above Average

Annual Rainfall:

15.56Inches

Earthquake Risk:

Very High

Hail Risk:

Very Low

Hurricane Risk:

Very Low

Ozone Risk:

Average

Pollution Risk:

Average

Tornado Risk:

Below Average

History

Date	Transaction	Price	Mortgage Amt & Lender
Date Jan 17, 2021	Transaction Expired - Residential Income (2-4 units)CNSR20106536	Price $1,300,000	Mortgage Amt & Lender - -

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Listed by Cindy Hill with Keller Williams Realty-Studio City

Based on information from the MLSListings MLS) as of 6/30/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 6/30/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2022 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes

Office: 888-603-IPRO

15025 Burbank Blvd. - $1,300,000