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$21,500,000
Est. payment /mo
33,114 SqFt
UPDATED:
02/04/2025 10:52 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 33,114 sqft
Price per Sqft $649
MLS Listing ID CL25486841
HOA Y/N No
Year Built 1960
Lot Size 1.388 Acres
Acres 1.39
Property Sub-Type Other
Property Description
Prime Sherman Oaks Location. 90 Studios and one 1 Bedroom. Rents are below market and have tremendous upside. There is potential to have property taxes reduced or exempted through welfare tax exemption. Property is located in the Highest Resource Area with a Tier 4 SAFMR. Large lot and possibly potential to add ADU's. Please see OM for Assumptions in income and expense.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 2250001020
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Listed by Hooman Emanuel • Keller Williams Studio City