4908-4930 Coldwater Canyon Ave - Apartments FOR SALE


Sherman Oaks, CA 91423
$8,800,000 USD
310-470-8963
4908-4930 Coldwater Canyon Ave, Sherman Oaks, CA for Sale
$8,800,000 USD
Apartments - FOR SALE
1/8
null | 4.4% Cap Rate

4908-4930 Coldwater Canyon Ave
Sherman Oaks, CA 91423


HIGHLIGHTS

  • OPEN HOUSE: Tuesday, September 9th | 11:00 AM - 2:00 PM PT
  • Prime Sherman Oaks location, walking distance to Ventura Boulevard and The Shops at Sportsmen’s Lodge
  • Attractively priced at $275K per unit; $8.8 million; Value-add with significant rental upside: approximately $419/unit/month
  • 20 out of 32 units are two story, loft style with vaulted wood-beamed ceilings and enclosed private patios
  • 12,400 square feet of land, sparkling pool with lounge area and BBQ area, controlled access entry, on-site laundry, and ample parking
  • Seismic retrofit reinforcement work completed

OVERVIEW

OPEN HOUSE: Tuesday, September 9th | 11:00 AM - 2:00 PM PT Property website with OM: https://properties.berkadia.com/villa-sabrina-448574 We are excited to exclusively offer for sale, Villa Sabrina at 4930 Coldwater Canyon Avenue, a 32-unit apartment community in a prime Sherman Oaks location, walking distance to Ventura Boulevard and the Shops at Sportsmen’s Lodge. This value-add opportunity offers significant rental upside: approximately $419 per unit. The community enjoys a sparkling pool and bbq area with lush landscaping, mature trees and walking paths throughout. The units feature spacious, open floor plans, most with a patio or balcony. 20 out of 32 units are two-story, loft-style with vaulted wood beamed ceilings and enclosed private patio. The seismic retrofit reinforcement work has been completed. The property is within minutes of major employers including: Warner Bros., Disney, ABC, Inc., iHeart Media, the Burbank Studios, and Providence Saint Joseph Medical Center. The location offers exceptional freeway access to the 101, 134, 170, and 405 Freeways, offering direct access to major arteries throughout Los Angeles and is close to two Metro stations and the Hollywood Burbank Airport.

FOR SALE DETAILS

PRICE

$8,800,000 USD

PRICE/SF

$391 USD /SF

# OF UNITS

32

PRICE/UNIT

$275,000

CAP RATE

4.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

32u | Walk to Ventura Bl | Open House Sep. 9

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,850 SF

ZONING

RD1.5, Los Angeles

APN/PARCEL ID

2357-015-036

ASK ABOUT THIS PROPERTY

Adrienne BarrBerkadiaMore Info
310-470-8963

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Adrienne BarrBerkadiaMore Info
310-470-8963

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