4824-4832 Hazeltine Ave - Apartments FOR SALE


Sherman Oaks, CA 91423
$4,900,000 USD
310-817-0828
4824-4832 Hazeltine Ave, Sherman Oaks, CA for Sale
$4,900,000 USD
Apartments - FOR SALE
1/8
null | 5.4% Cap Rate

4824-4832 Hazeltine Ave
Sherman Oaks, CA 91423


HIGHLIGHTS

  • 2 Parcels, 2 buildings- No on-site management required!
  • Cap Rate: 5.4% on actual, 7.95% proforma
  • Upside in Rents!
  • Courtyard
  • Mostly remodeled units
  • Very Walkable- Across 2 Trader Joe's!, Van Nuys/Sherman Oaks Park, Westfield Fashion Square

OVERVIEW

16 units, comprised of 2 buildings (2 APN's) therefore on-site management not required. 4824 Hazeltine consits of 8 units, with its mirror 4832 Hazeltine Ave consisting of 8 units. Ideal unit mix. 16 parking spaces. Mostly renovated units. Tranquil courtyard providing an inviting environment. Across from not one but two Trader Joe's!, Across from Van Nuys/Sherman Oaks Park, and steps away from Westfield Fashion Square mall. Tenants benefit from immediate access to everyday conveniences, lifestyle amenities, and neighborhood services that enhance overall livability. The surrounding area supports strong walkability and remains one of the most sought after residential pockets in the Valley. DO NOT DISTURB TENANTS!

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

16

PRICE/UNIT

$306,250

CAP RATE

5.4%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kabir Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,910 SF

ZONING

R3-1, Van Nuys

APN/PARCEL ID

2269-015-012,2269-015-013

ASK ABOUT THIS PROPERTY

Simon Asef, CCIMDMC Real EstateMore Info
310-817-0828

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

Simon Asef, CCIMDMC Real EstateMore Info
310-817-0828

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