4189 Greenbush Ave - Multi-Family FOR SALE
Sherman Oaks, CA 91423 |
$1,850,000 USD
818-939-4058
4189 Greenbush Ave
Sherman Oaks, CA 91423
HIGHLIGHTS
- Two separate buildings on a single oversized parcel, including a 3-unit structure built in 1925 and a second 3-unit structure built in 1984
- Located within walking distance to Ventura Boulevard’s most popular dining and lifestyle amenities incl. Homestate, Petit Trois, Sushi Note, Mistral
- Strong underlying real estate fundamentals supported by median single-family home values exceeding $1.5 million in Sherman Oaks
- Excellent regional connectivity with immediate access to both the US-101 Freeway and I-405 Freeway
- Exceptional local demographics with an average household income of approximately $139,256 within one mile of the property
- In-place rents are below market, offering over 20% rental upside through turnover and systematic rent increases
FOR SALE DETAILS
PRICE
$1,850,000 USD
# OF UNITS
6
PRICE/UNIT
$308,333
CAP RATE
4.12%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
ADD'L SUBTYPES
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1925
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.22 AC
LAND SF
9,711 SF
ZONING
RD1.5
APN/PARCEL ID
2373-007-011
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818-939-4058
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818-939-4058
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