First Time on the Market in Over 50 Years!
Welcome to this unique investment opportunity in the heart of Sherman Oaks! This charming eight unit apartment building offers exceptional potential for both investors and residents. Nestled in a highly desirable Sherman Oaks neighborhood, this property features eight spacious 1-bedroom, 1-
bathroom apartments, consistently in high demand due to their prime location.
Property Highlights:
• Prime Location: Situated in a vibrant area of Sherman Oaks, renowned for its excellent shopping options, fine dining, and entertainment venues. Enjoy the convenience of living close to The Sherman Oaks Galleria, Westfield Fashion Square, and an array of local boutiques.
• Accessibility: Ideal for commuters, with easy access to the 101 and 405 Freeways, ensuring a smooth journey to downtown Los Angeles, the San Fernando Valley, and beyond.
• Rental Potential: The 1-bedroom units are always easy to rent, making this property a stable and lucrative investment. The excellent location and charming neighborhood appeal to a wide range of tenants. Each unit has a separate gas and electric meter. There are 6 parking spaces at the rear of the property.
First time on the market in over half a century, this property retains much of its original charm while offering the potential for modern updates and increased value. This property is perfect for those looking to invest in a sought-after location with consistent rental demand. Don’t miss out on this rare opportunity to own a piece of Sherman Oaks history.