Phone888.995.7575

4445 Murietta Avenue, Sherman Oaks, CA 91423

$7,800,000 Approx. USD 40 beds, 24 baths
19,480 sqft

Agent Remarks

The subject property is a twenty four-unit apartment building in a prime Sherman Oaks Location. Built in 1955, the property is subject to rent control. There is desirable unit mix of eight one-bedroom/one-bath units and sixteen two-bedroom/one-bath units. With a Walk Score of 81, the property is walking distance to the endless shopping, dining and entertainment options on Ventura Boulevard. The property is also walking distance to the newly improved Ralphs shopping center as well close proximity to the Westfield Fashion Square on Riverside Drive. Overall, this location provides residents all the conveniences they need as well as quick freeway access to 101, 405 and 170 Freeways. In addition to the great location, the property has a nice array of amenities such as a pool, courtyard, nicely landscaped entrance, on-site laundry facility and covered and open parking. Investors should see this as a rare opportunity to own within a couple blocks of Ventura Boulevard with upside in rents.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 16-164074
List price is $7,800,000
Beds: 40
Baths: 24
Built in 1955
19,480 sqft
2 Story stories
County: Los Angeles
Zoning: LAR3
Parking description: Covered Parking
Heating description: Wall Heater
MLS area: Sherman Oaks (SO)

Last Updated: 11/16/2016

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This listing belongs to the Sherman Oaks (SO) MLS area

The listing is zoned LAR3.
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Lat/Long: 34.151829, -118.438705.
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Broker: Courtesy of Marcus & Millichap
Listing Agent: Brett Sanson
Co Listing Agent: Jeffrey Louks

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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