We are pleased to present this 5 unit apartment building located at 13312 Woodbridge Street in Sherman Oaks, California. The property has an excellent unit mix of 1- Studio / 1 Bath, 1- 1 Bed / 1 Bath, 2- 2 Bed / 1 Bath, and 1- 2 Bed / 1.5 Bath units. The Offering is situated on a 6,599 square foot lot with 3,585 square feet of gross rentable area.13312 Woodbridge is ideally located just steps away from Ventura Boulevard, and it is only a couple blocks away from Studio City, making this property ideally located next to all the dining, shopping, entertainment and nightlife the area has to offer. The property also features alley access behind the building with ample covered and street parking.With approximately 47% upside in rents, this investment provides a savvy investor the opportunity to raise rents to market and achieve greater cash flow.
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