14525 Dickens St, Sherman Oaks, CA 91403

This south of Ventura Blvd property provides an incredible opportunity for an owner/user or investor. Three free-standing well-maintained units with upgrades and upside potential for increased rents or even possible future redevelopment. Two 2+1 and one studio. One unit will be delivered vacant. All three units are freestanding with no common walls. The total sq ft of the three structures is 2484 and the lot size is 6726 with RD1.5 zoning. The front unit, on Dickens Street, has two bedrooms, den and one bath with a remodeled kitchen and inside laundry. There are two parking spaces in the front driveway. The middle unit also has two bedrooms and one bath with a remodeled kitchen and inside laundry. There is a two-car tandem space off the alley in the back for this unit. The rear unit is on the alley and is a freestanding studio. It also has a two-car tandem parking space off the alley. All units are separately metered for gas and electric. The front and middle units have central air and heat, the back unit has a window air conditioner. All three properties have newer electrical panels. The middle unit has a newer roof, approximately 2 to 3 years old. Units one and three have new water heaters. The first unit is vacant with a probable rent amount between $2800 and $3000 per month. Unit two is currently paying approximately $2250 a month, and the back unit is paying approximately $1200 per month.