4546 Murietta Ave Sherman Oaks, CA 91423
Active
$3,300,000
13 Units
21 Beds
20 Baths
10,606 Area(sq.ft.)
13,592 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 6 | 1 | 1 | No | $ 1,496 | $ 8,975 | $ 12,600 |
| Unit 2 | 6 | 2 | 2 | No | $ 2,074 | $ 12,441 | $ 16,500 |
| Unit 3 | 1 | 3 | 2 | No | $ 843 | $ 3,500 | $ 3,500 |
| 3 | 13 | 21 | 20 | $ 22,263 | $ 131,996 | $ 178,100 |
| MLS #: | 24-468295 |
| Days On Market: | 8 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 311 |
| Price per unit: | $ 253,846 |
| Year Built: | 1965 |
Property Details
4546 Murietta Avenue, Sherman Oaks (91423) is a 13-unit apartment building being offered for sale for the first time in nearly 30 years. 4546 Murietta is located between Valleyheart Drive and Moorpark Street, which is considered one of SFV's most stable and dynamic rental markets. It offers easy access to an enormous and diverse set of employers. 4546 Murietta Avenue, built in 1965 and comprised of 10,606 SF of improvements, features oversized apartments and an ideal unit composition of Six (6) One-Bedroom | One-Bathroom, Six (6) Two Bedroom | Two-Bathroom, and One (1) Three-Bedroom | Two-Bathroom apartment homes. The units surround a quiet gated court area with draught-tolerant landscaping. The offering is situated on a large parcel measuring 13,587 square feet. Most unit interiors feature wood flooring and central air conditioning and could benefit from systematic upgrading as units turn over. Resident amenities include parking for 13 vehicles, a common-area laundry room, gated entry, drought-tolerant landscaping, well-kept common areas, and separate gas and electrical utilities. Sherman Oaks is one of LA's most stable and desirable suburban neighborhoods. Furthermore, the subject property offers residents access to a myriad of entertainment venues, travel corridors, and dining options in and around the surrounding neighborhoods.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 267,646 |
| Total Annual Expense: | $ 93,310 |
| Net Operating Income: | $ 174,336 |
| Gross Annual Income: | $ 273,108 |
| Cap Rate: | 5.3% |
| Gross Rent Multiplier: | 12.10 |
Structure
| Type of Units: | Apartments |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | LAR3 |
| Parking Garage: | Carport, Covered Parking |
| Total Parking: | 13 |
Interior
| AC/Cooling: | Other |
| Equipment: | Other |
| Heating: | Other |
Exterior
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