OPEN HOUSE: Thursday, February 5th | 11:00 AM - 2:00 PM
Property website with OM: https://properties.berkadia.com/13558-moorpark-apartments-489058/
We are excited to exclusively offer for sale, 13558 Moorpark Street, a 10-unit apartment community in a prime Sherman Oaks location, walking distance to Ventura Boulevard. The courtyard-style community features a beautifully renovated, contemporary exterior and renovated one-, two-, and three-bedroom apartments (7 out of 10). Units are bright with oversized windows, wood-style plank flooring, kitchens with quartz counters and stainless-steel appliances and a separate dining area. The community has on-site laundry, 11 gated side-by-side parking spaces and a quiet interior courtyard. Built in 1963, the property offers rental upside: 4.8% current cap; 6.4% market cap. The SB-721 elevated element inspection was completed May 2024 (no emergency work required).
The incredible Sherman Oaks location is walking distance to Ventura Boulevard, the main shopping and dining hub of the valley, as well as Dixie Canyon Community Charter School (A- on Niche.com). The property is also minutes from Westfield Fashion Square, The Shops at Sportsmen’s Lodge, and Sherman Oaks Galleria. Strong area demographics include: Average household income of over $192.1k and Average home value of over $1.82M (one-mile radius).