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Sold for $2,035,055
  • Listed by: Beverly and Company, Inc. • Jill Fischer-Politz • Contact: 818-231-9207
    Bought with: NONMEMBER MRML
    $2,035,055

    4503 Fulton Ave, Sherman Oaks, CA 91423

    8beds
    8baths
    5,560sqft
    Mixed Use
    Built in 1950
    -- sqft lot
    $2,202,500 Zestimate®
    $366/sqft
    $3,339 Estimated rent

    Home value

    $2,202,500

    $1.94M - $2.51M

    $3,339/mo

    Zestimate® history
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    What's special

    First Time on the Market in Over 50 Years! Welcome to this unique investment opportunity in the heart of Sherman Oaks! This charming eight unit apartment building offers exceptional potential for both investors and residents. Nestled in a highly desirable Sherman Oaks neighborhood, this property features eight spacious 1-bedroom, 1- bathroom apartments, consistently in high demand due to their prime location. Property Highlights: • Prime Location: Situated in a vibrant area of Sherman Oaks, renowned for its excellent shopping options, fine dining, and entertainment venues. Enjoy the convenience of living close to The Sherman Oaks Galleria, Westfield Fashion Square, and an array of local boutiques. • Accessibility: Ideal for commuters, with easy access to the 101 and 405 Freeways, ensuring a smooth journey to downtown Los Angeles, the San Fernando Valley, and beyond. • Rental Potential: The 1-bedroom units are always easy to rent, making this property a stable and lucrative investment. The excellent location and charming neighborhood appeal to a wide range of tenants. Each unit has a separate gas and electric meter. There are 6 parking spaces at the rear of the property. First time on the market in over half a century, this property retains much of its original charm while offering the potential for modern updates and increased value. This property is perfect for those looking to invest in a sought-after location with consistent rental demand. Don’t miss out on this rare opportunity to own a piece of Sherman Oaks history.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jill Fischer-Politz DRE #00907458 818-231-9207,

    Beverly and Company, Inc.

    Bought with:

    Navid Barahmand, DRE #01998235

    NONMEMBER MRML

    Source: CRMLS,MLS#: SR24126500MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,560
    • Total interior livable area: 5,560 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Assigned
    • Uncovered spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 6,911 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 2360020015
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Suburban, Sidewalks
    Location
    • Region: Sherman Oaks

    Financial & listing details

    • Price per square foot: $366/sqft
    • Date on market: 6/25/2024
    • Cumulative days on market: 11 days
    • Listing terms: Conventional
    • Total actual rent: 10983
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    8/9/2024Sold$2,035,055$366/sqft
    Source: CRMLS #SR24126500 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Sherman Oaks

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,202,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,202,500