4931 Coldwater Canyon Ave - Apartments FOR SALE


Van Nuys, CA 91423
$4,000,000 USD
818-640-4360
4931 Coldwater Canyon Ave, Van Nuys, CA for Sale
$4,000,000 USD
Apartments - FOR SALE
1/12
null | 5.82% Cap Rate

4931 Coldwater Canyon Ave
Van Nuys, CA 91423


HIGHLIGHTS

  • Pride of ownership 12 unit building in Sherman Oaks
  • Exceptional unit mix of (8) 2 + 1.5 bath townhouse units and (4) 1 + 1 loft units
  • Upside in existing rents
  • Newer roof, tankless water heater, copper plumbing, security building, washer and dryers in each unit, fireplaces, and central HVAC units
  • 2 parking spots per unit
  • Prime Sherman Oaks location. Walking distance to Whole Foods and close to Ventura Blvd restaurants and shopping

OVERVIEW

Equity Union Commercial is proud to represent this 12-unit apartment building in Sherman Oaks. The property was constructed in 1971. Its unit mix consists of (4) 1+1 loft units and (8) 2+1.5 units, all of which are townhouses. With a lot size of 13,231 square feet, the property has a total of 13,136 rentable square feet. The property is situated in a prime Sherman Oaks area, which has a comfortable blend of urban and suburban amenities. Along with sunny clean sidewalks, the city offers many hip cafes and shops — especially on Ventura Boulevard, which features the Sherman Oaks Galleria and many upscale restaurants. Residents also have easy access to the 405 and 101 freeways.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

12

PRICE/UNIT

$333,333

CAP RATE

5.82%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,311 SF

ZONING

LARD1.5

APN/PARCEL ID

2358-022-020

ASK ABOUT THIS PROPERTY

Cindy HillEquity Union CommercialMore Info
818-640-4360

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Cindy HillEquity Union CommercialMore Info
818-640-4360

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