4535 Murietta Ave

Sherman Oaks

 

$4,750,000

 
 
 
 

13

UNITS

$395

PRICE/SF

$365,385

PRICE/UNIT

4.00%

CAP

15.97

GIM

5.72%

PRO FORMA CAP

12.34

PRO FORMA GIM
 

LAAA s pleased to present 4535 Murietta Avenue located in Sherman Oaks, California. Built in 1965, the offering consists of 3- One bedroom / One bathroom, 8- Two bedroom / Two bathroom and 1- Two bedroom / One bathroom units. The Property has undergone significant renovations and upgrades within the past year and a half including 5 completely turned over units, completion of seismic retrofit work, repaint of the entire property, upgraded all exterior lighting, complete re-landscaping, upgraded roof, etc. With a Walk Score of 81, the Property is well situated proximate to major freeways, less than a mile from The Westfield Fashion Square, all business corridors and dining & entertainment. A turn key property with no retrofit work necessary and significant upside, this investment presents an investor with immediate upside potential without the headache of a huge looming expense.

 
 
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Glen Scher

Vice President

O: (818) 212-2808

M: (818) 667-6683

Email Now

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Filip Niculete

Vice President

O: (818) 212-2748

M: (818) 577-9893

Email Now