A TRIPLEX priced lower than ANY 2-4 unit property in all of Sherman Oaks (including duplexes!). You heard it right, at $899,000 you can be the owner of a lovely, well-maintained triplex in prime Sherman Oaks blocks from the upscale “Chandler Estates” neighborhood. A short 4 minute drive will take you to Ventura Blvd and a 3 minute drive will take you to the Westfield Fashion Square. This is an opportunity you don’t want to miss.

This charming triplex is made up of three adorable 1 bed, 1 bath units with great floorplans, spacious bedrooms, large patios, and three 1-car garages. With a pro forma cap rate of 5.44%, this property boasts a tremendous amount of upside. Particularly with the currently low price tag, there is massive appreciation potential here. Now is your time to tap into this building’s huge value! Whether you do a quick flip, hold longterm, or owner occupy, this investment will pay off.

Other noteworthy features include a laundry room with washer/dryer provided, a unit containing washer/dryer hookups, a new roof as of 10 years ago, an enormous front patio area, and an additional outdoor sitting area near the laundry room.