13520 Rye St - Apartments FOR SALE


Sherman Oaks, CA 91423
$1,995,000 USD
626-657-7575
13520 Rye St, Sherman Oaks, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/12
null | 4.7% Cap Rate

13520 Rye St
Sherman Oaks, CA 91423


HIGHLIGHTS

  • Centralized location - near Ventura Blvd.
  • Units feature great open floorplan
  • Minutes away from Westfield Fashion Square
  • Rare opportunity in ideal neighborhood

OVERVIEW

The Rye Apartments is located in Sherman Oaks, one of the most sought-after cities in Los Angeles County. The building is just minutes away from the stores and eateries located at the Westfield Fashion Square. It is also ideally situated near major freeways, making it a quick drive to neighboring cities like Encino, Studio City and Burbank. The apartment complex has 6 units in total and consists of one 3 bedroom 2 bathroom unit and five 1 bedroom 1 bathroom units. There have been various upgrades made throughout some of the units. The unit floor plans are open and spacious, making optimal use of the square footage. Not only does this building have major upside potential, but its location makes it a premier asset for investors in today’s market.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$399 USD /SF

# OF UNITS

6

PRICE/UNIT

$332,500

CAP RATE

4.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R3, Sherman Oaks

APN/PARCEL ID

2360-014-009

ASK ABOUT THIS PROPERTY

Jack BaboudjianBaboudjian Properties, Inc.More Info
626-657-7575

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Jack BaboudjianBaboudjian Properties, Inc.More Info
626-657-7575

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.