Prime Sherman Oaks Location! Walk to Ventura Blvd. Offered for sale is a 5 Unit apartment complex at 13709 Milbank Street. Northwest corner of Milbank Street and Woodman Avenue. The subject property consists of a charming 2 Bedroom 2 Bath Attached Single Family House, and Four (4) 1 Bedroom 1 Bath apartments. The property has a building square feet of approximately 3,890 and a lot size of approximately 8,018 square feet of land. Zone LA R3, this is a great opportunity for a developer to build 10 units in one of the most desirable areas of The San Fernando Valley. Property is well maintained, all copper plumbing, a new roof on the 4 Unit building at Milbank in 2011, individual hot water heaters in each unit, fully gated with 4 one car garage parking. The single family house has central heating and a washer/dryer in the garage. The 1 Bedroom 1 bath apartments are spacious and have window air conditioning units, stoves ,and refrigerators. There is one unit vacant. In addition to this corner lot being a excellent development opportunity, the Milbank/Woodman property is a great opportunity for a owner/user as well as an investor. Drive By Only and call Listing Agent for Details.
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