JUST REDUCED and now Best Valued Multifamily Assets in Sherman Oaks/Studio City with Highest CAP and lowest price per sqft !!! SHERMAN OAKS True Pride of Ownership--A charming, well maintained 6-unit Multifamily asset and first time on the market in over 20-years. The Property consists of an Outstanding Unit Mix in a predominantly Strong Rental Market and is comprised of one (1) 3-Bed + 2.5-Bath, three (3) 2-Bed + 2-Bath, and two (2) 1-Bed+1-Bath units. Individually Metered for gas and electric with 6-onsite Parking Spaces and Ample Street Parking. Recent Capital Improvements to include Newer Windows/Patio Doors, Newer Deck/Railing, Newer Water Heater, and still allowing upside with Rents 20%+ below Market. The Property also boasts from having select units recently remodeled and nearly 100% occupancy year round. Ideal as an Owner-User investment with the largest unit (3+2.5) having Central HVAC, separate interior laundry hookups, and tons of recent remodeling to the kitchen, living room and bedrooms. Also ideal for any first-time and/or experienced Multifamily Investor looking to own in SHERMAN OAKS. Centrally located to the 101, 405, 134, and 170 Freeways and less than 1-minute walking distance to VENTURA Blvd. The property sits exceptionally well within walking distance to restaurants, shops, and numerous outlets all throughout Sherman Oaks and Studio City. Per Seller, property is subject to Rent Control and Soft-Story Retrofit.
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