5919 Cedros Ave., Sherman Oaks, CA 91411 - SR20134087 - iPro Real Estate
iPro Real Estate

iPro Real Estate

5919 Cedros Ave.
Sherman Oaks, CA 91411

Sold, Multi-Family/Income Sale

For Sale

$900,000 $132.11 per sqft

Free Professional CMA

Listing ID : CNSR20134087

  • Garage

    2
  • Lot Size

    6,805 Sqft
  • Year

    1958

Description

Welcome to this charming duplex in north Sherman Oaks. The property is located on a nice tree lined street surrounded by small units and single family homes in the immediate neighborhood. Each unit consists of two bedrooms and a bathroom. Both units were totally remodeled on the inside in 2013 with brand new interior paint, cabinetry, counter tops and appliances in the kitchen. The bath rooms were updated. The wood floors were refinished and new vinyl flooring was installed in the kitchen, bath and laundry room. There are new windows all around and each unit has central air and heat. The composition roof is in good shape. There is a detached two car garage that belongs to one unit plus 2 exterior parking spaces outside the garage. The second tenants also park in the spacious rear yard outside the garage area. The front unit has a beautiful landscaped yard with high hedges for privacy. The tenants are each on month to month leases with below market rent. The large lot allows for an additional unit to be built on the property, buyer to verify. The rent has not been raised due to Covid 19, so each unit is due for a rent increase when city laws allow. Both tenants have paid the rent on time. This is a well kept property in a great neighborhood that is priced

Details

Type: Multi-Family/Income Sale 
Subdivision: So - Sherman Oaks 
MLS Area: SO - Sherman Oaks 
County: Los Angeles 
Tax ID: 2244009015
Cap Rate: 3.38% 
Gross Rent Multiplier: 19.47 
Access Features: None 
Amenities: Window Covering(s), Double Pane Windows(s), Other, Counters 
Energy Saving: Double Pane Windows 
Kitchen: Oven Range - Built-In, Dishwasher, Garbage Disposal, Oven - Gas, Oven Range - Gas, Hood Over Range, Refrigerator 
Laundry: Gas Hookup, In Laundry Room, 30 
Number of Buildings: 1 
Number of Units: 2 
Parking Spaces: 5 
Property Type: Commercial Sale 
Roof: Composition 
Style: Traditional 
Sub Type: Duplex 
View: None 
Water: District - Public, Hot Water 

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Interactive

34.178101 -118.453217 $899,000 SR20134087
5919 Cedros Ave., Sherman Oaks, CA 91411
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Area Information 91411

Population:

24,872 Up .01% since 2010
Average Income:
$72,939
Average Age:
35Years
Gender:
50.43%Male
49.57%Female
Households:
9,33832.59% with children
Average Value:
$865,393
Occupancy:
26.96%Owned
73.04%Rented
6.81%Vacant
Education:
17.84%High School
5.86%Associate
22.46%Bachelor
8.87%Graduate
Average Residency:
18Years
Crime Rate:
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

Tax Assessments

Value

  • Land $382,832
  • Improvements $123,854

  • Total $506,686

Property Tax

  • 2020 $6,428

History

Date Transaction Price Mortgage Amt & Lender
Date
Apr 12, 2021
Transaction
Sold - Residential Income (2-4 units)CNSR20134087
Price
$900,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Daniel Drantch with Rodeo Realty

Based on information from the MLSListings MLS) as of 12/8/2021. 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 12/8/2021. 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. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes