14524-14530 Dickens St - Apartments FOR SALE


Sherman Oaks, CA 91403
$1,995,000 USD
310-428-4116
14524-14530 Dickens St, Sherman Oaks, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/43
null | 5.94% Cap Rate

14524-14530 Dickens St
Sherman Oaks, CA 91403


HIGHLIGHTS

  • Prime, South of Ventura Boulevard Sherman Oaks Location
  • 5 of the 6 Residences Could Be Delivered Vacant & Fully Furnished
  • Well Maintained Building with Vintage Charm, Featuring Residences with Real Hardwood Floors
  • Steps to Ventura Boulevard & Van Nuys Boulevard Shops, Restaurants & Super Markets
  • Residences are Separately Metered For Gas & Electricity, and Each Have Individual Water Heaters
  • Potential to Add ADU

OVERVIEW

This is a unique opportunity to own a six unit prime Sherman Oaks apartment building that could be delivered with five fully furnished, vacant residences. This unique vacancy profile allows a new owner to immediately set market rents and maximize cash flow on day one, without the need to do any improvements. Ideally located on beautiful Dickens Street, south of Ventura Blvd and just west of Van Nuys Blvd, the subject property is mere steps to premier shops, restaurants, entertainment, and grocery stores. Its prime, West Sherman Oaks location also offers strategic access to both the 101 and 405 freeways, providing seamless connectivity to the Westside, Beverly Hills, Studio City, and beyond. 5 of the 6 subject property’s residences are in tastefully furnished, rent ready condition, exude charm & feature real hardwood floors, allowing the investor unique ability to set rents & control occupancy. 14526 Dickens Street presents a compelling opportunity to acquire an extremely well-located asset in the San Fernando Valley’s most sought-after location.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

6

PRICE/UNIT

$332,500

CAP RATE

5.94%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Dickens Residences

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,805 SF

ZONING

LARD1.5

APN/PARCEL ID

2276-014-005

ASK ABOUT THIS PROPERTY

Glenn BranderBrander Investment GroupMore Info
310-428-4116

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Glenn BranderBrander Investment GroupMore Info
310-428-4116

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