Positioned within the highly desirable Sherman Oaks submarket, this six-unit multifamily property combines stability with long-term investment appeal. Consisting of approximately 4,844 square feet on a 10,665-square-foot lot, the property offers a favorable unit mix and on-site parking with own enclosed garage. Built in 1953, the property carries potential for value-add renovations while maintaining solid fundamentals, supported by a historically low vacancy area.
Located along Burbank Boulevard—one of the San Fernando Valley’s prominent east-west thoroughfares—the asset benefits from close proximity to major employment centers, retail corridors, and regional connectivity. Quick access to I-405 and US-101 positions the property within minutes of the greater Los Angeles network, including major business districts in Sherman Oaks, Encino, and Studio City. With strong local demographics and continued rental demand, this property presents both immediate income and long-term upside.
91 days
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164
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7
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Zillow last checked:
Listing updated:
Listed by:
David WhiteDRE #01311443818-371-3969,
Element RE, Inc
Source: CRMLS,MLS#: SR26094895Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 42
Bathrooms: 36
Appliances
Laundry: Common Area
Features
Common walls with other units/homes: 1 Common Wall
Source: Keller Williams - Studio City #SR16047270Report a problem
3/8/2016
Listed for sale
$1,495,000+7.2%$309/sqft
Source: Keller Williams - Studio City #SR16047270Report a problem
11/17/2015
Listing removed
$1,395,000$288/sqft
Source: Keller Williams - Studio City #SR15228457Report a problem
9/11/2015
Listed for sale
$1,395,000$288/sqft
Source: Keller Williams - Studio City #SR15198631Report a problem
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Public tax history
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Monthly payment
Est. payment$--/mo
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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