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Key Details
Sold Price $3,650,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 9,888 sqft
Price per Sqft $369
MLS Listing ID CL25504293
Sold Date 07/09/25
HOA Y/N No
Year Built 2005
Lot Size 8,106 Sqft
Acres 0.19
Property Sub-Type Other
Property Description
**NEW 2-COAT ACRYLIC COOL ROOF INSTALLED IN MAY 2025.*** Built in 2005, this exceptionally well-maintained 8-unit apartment building offers a rare investment opportunity in the highly-sought-after submarket of Sherman Oaks. Each spacious townhouse-style unit features well-appointed kitchens with granite countertops, refrigerator, range/oven, dishwasher, & microwave, soaring 10' bedroom ceilings, individual central HVAC systems, energy-efficient tankless water heaters, and in-unit washer/dryer. Perfect for 1031 exchange buyers or investors looking to expand their portfolio with a turnkey, low-maintenance property. The building is individually metered for gas and electricity. Property is exempt from SB721 (balcony inspections). Not subject to Los Angeles Rent Stabilization Ordinance (RSO), providing investors with valuable flexibility in this high-demand rental market.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 2271007004
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with ArturKhechumyan