14258 Dickens St - Apartments FOR SALE


Sherman Oaks, CA 91423
$2,750,000 USD
310-202-9166
14258 Dickens St, Sherman Oaks, CA for Sale
$2,750,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

14258 Dickens St
Sherman Oaks, CA 91423


OVERVIEW

14258 Dickens Street presents an 11-unit multifamily investment opportunity featuring a well-maintained mid-1950s apartment building with solid structural fundamentals and clear repositioning potential.The property generates stable in-place income at an 11.87 GRM and 4.55% cap rate, equating to approximately $250,000 per unit and $503 per square foot.Significant upside exists through the implementation of a strategic renovation program focused on upgrading interior finishes and modernizing units while preserving the building's character. The asset offers a straightforward value-add opportunity through interior improvements and rent optimization in a consistently strong rental submarket.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$503 USD /SF

# OF UNITS

11

PRICE/UNIT

$250,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palm Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,783 SF

ZONING

RD1.5, Los Angeles

APN/PARCEL ID

2266-005-005

ASK ABOUT THIS PROPERTY

Dave MillerMiller & Desatnik Realty Corp.More Info
310-202-9166

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Dave MillerMiller & Desatnik Realty Corp.More Info
310-202-9166

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