14218 Sylvan Street, Sherman Oaks, CA 91401

$2,298,888

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List Price
$2,298,888
Status
ACTIVE
MLS#
BB26108071
Year Built
1964
Lot Size
8,783
Acres
0.20
Lot Location
0-1 Unit/Acre
Days on Market
57
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

This well-maintained 9-unit apartment building in Sherman Oaks features a desirable unit mix consisting of (4) 2 bed/2 bath unit, (5) 1 bed/1 bath unit, situated on an 8,749 sq ft lot, the property offers approximately 8,957 rentable square feet. The unit mix supports stable, long-term tenancy and helps minimize turnover. The property is fully occupied with all units currently leased. Extensive upgrades have been completed throughout the property granite and sizar stone counter tops, stainless still appliance, including exterior improvements and painting, and fully renovated interiors. Conveniently located near the 405, 101, and 170 freeways, the property provides excellent accessibility. It is next to Citi Hall Court House Federal Buildings and just minutes from Ventura Boulevard, offering a wide variety of dining, shopping, and entertainment options, as well as nearby public transportation with easy access to Encino, Woodland Hills, North Hollywood, Burbank, Hollywood, and Downtown Los Angeles.

Additional Information

Pool Description
None
Fireplace Description
Dining Room
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Garage Spaces Total
13
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
9
Gross Scheduled Income
$214,044
Operating Expense
42959

Listing courtesy of Listing Agent: Sarkis Kalinyan (kalinyan56@gmail.com) from Listing Office: Coldwell Banker Hallmark Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.