13567 & 13571 Rye St
Sherman Oaks
$3,595,000
10
UNITS
$359,500
PRICE/UNIT
$378
PRICE/SQ FT
4.84%
CAP
13.98
GRM
5.84%
PRO FORMA CAP
12.15
PRO FORMA GRM
LAAA is pleased to present these 10 units located at 13567-13571 Rye Street in Sherman Oaks, California. Built in 1961 and 1958 respectively and sitting on 2 separate APN's, the offering consists of 4 one-bedroom/one-bathroom, 2 two-bedroom/one and a half-bathroom, 3 two-bedroom/two-bathroom, and 1 three-bedroom/two-bathroom units. The property is situated on a 12,632 square foot lot with 9,492-square feet of gross rentable area. The offering is well situated proximate to major freeways, all business corridors, and dining & entertainment. This investment offering provides a savvy investor the opportunity to own a truly one of a kind property in a strong and centrally located rental pocket of Sherman Oaks.