14328 ADDISON Street
Sherman Oaks, CA 91423


Beds: 18
Baths: 19
Number of Units: 9
Type: Multi-Unit Residential
Listing #17274358
New vacancy, lowest paying tenant has vacated, significant increase in rent! 9 unit multi-family apartment building in prime, Sherman Oaks. 15.88 GRM, 3.85 CAP Rate, with rental upside. (Eight) 2 bed 1.5 bath town house style units, along with (one) 2 bed 2 bath unit with Private fenced in backyard - patio. Seven of the units have been remodeled with stainless steel appliances, granite counters, laminate flooring downstairs, and new carpeting upstairs. All units have stackable washer / dryers, that are landlord owned and will be conveyed as part of the sale. All units have individual water heaters, and central HVAC units. There is gated entry to the parking lot, 18 tandem - open parking spaces. Property is in excellent condition. New exterior paint, and wood siding. NO SOFT STORY PARKING.
Property Features
Location Information
County: Los Angeles
MLS Area: Sherman Oaks
Latitude: 34.16073
Longitude: -118.44534
Interior Features
Number of Bedrooms: 18
Number of Full Bathrooms: 19
Heating: Central Furnace
Cooling: Central A/C, Ceiling Fan(s)
Appliances: Dishwasher, Dryer, Garbage Disposal, Washer, Microwave, Range
Unit 1 Features: Bedrooms: 2; Bathrooms: 1.5
Unit 2 Features: Bedrooms: 2; Bathrooms: 2
Total Number of Units: 9
Exterior Features
Parking Description: Assigned, Tandem
Has Garage: No
Parking Spaces: 18
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 14, 920
Zoning: LAR3
Additional Information
Property Type: RI
Property SubType: Apartment Building
Year Built: 1977
Tax Parcel Number: 2248007016
Status: Active
Units in Complex: 9

$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
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Monthly Insurance: $
Interest Rate
Down Payment
List Price:
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of Charles Cohen
CA BRE #01852781 - Keller Williams-Santa Monica
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