13718 Moorpark ST Sherman Oaks, CA 91423
Pending
$3,600,000
6%
12 Units
2 Beds
4 Baths
14,704 Area(sq.ft.)
9,743 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 6 | studio | 1 | No | $ 8,648 | $ 8,291 | $ 11,970 |
Unit 2 | 6 | 2 | 3 | No | $ 14,955 | $ 14,228 | $ 17,970 |
2 | 12 | 12 | 24 | $ 141,618 | $ 135,114 | $ 179,640 |
MLS #: | SR24238205MR |
Days On Market: | 127 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 245 |
Price per unit: | $ 300,000 |
Year Built: | 1990 |
Property Details
The Moorpark Street property currently consists of twelve multifamily units with a unit mix of six, two bedroom two and one half bath townhouse units and six singles (or Jr. one bedroom units). The property has 194.8 feet of frontage along Moorpark Street and is zoned R3. There are three stories built over two enclosed parking garages. Though the property could use some freshening up, we believe this to be a unique opportunity to own 1990's construction with an interesting unit mix and modern appointments.Interested in this Listing?
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Income Details
Rent Control: | False |
Gross Operating Income: | $ 280,394 |
Total Annual Expense: | $ 117,294 |
Net Operating Income: | $ 163,100 |
Cap Rate: | 4.53% |
Gross Rent Multiplier: | 12.58 |
Structure
Community Features: | Curbs, Sidewalks, Street Lights |
Sewer: | Public Sewer |
Water: | Public |
Land & Parking
Zoning: | LAR3 |
Land Lease Type: | Fee |
Total Parking: | 18 |
Interior
Laundry: | Laundry Area |
Exterior
Pool: | No |
Detailed Map
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