5551 Mammoth Ave Sherman Oaks, CA 91401
Active
$1,545,000
5 Units
9 Beds
5 Baths
4,243 Area(sq.ft.)
8,431 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 4 | 2 | 1 | No | $ 2,000 | n/a | n/a |
| Unit 2 | 1 | 1 | 1 | No | $ 1,350 | n/a | n/a |
| 2 | 5 | 9 | 5 | $ 9,350 | $ 0 | $ 0 |
| MLS #: | 25511549 |
| Days On Market: | 8 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 364 |
| Price per unit: | $ 309,000 |
| Year Built: | 1947 |
Property Details
Welcome to 5551 Mammoth Ave, an incredible investment opportunity nestled on a sunny corner lot near the highly desirable neighborhood of Sherman Oaks. This well-maintained five-unit apartment building exudes classic Southern California charm while featuring modern updates throughout.The property includes four garage spaces for ample parking and storage, along with a spacious yard beautifully landscaped with lush flora, creating a serene outdoor retreat.With stable rental income, low vacancy rates, and strong growth potential, this turnkey property is ideal for investors seeking long-term appreciation in a prime Los Angeles location. Whether you're looking to live in one unit and rent out the others or to expand your investment portfolio, 5551 Mammoth Ave has it all.Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 108,840 |
| Total Annual Expense: | $ 35,565 |
| Net Operating Income: | $ 73,275 |
| Gross Annual Income: | $ 108,840 |
| Gross Rent Multiplier: | 18.00 |
Structure
| Type of Units: | Apartments |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | LARD1.5 |
| Parking Garage: | Garage Is Detached |
Interior
| AC/Cooling: | Window Unit(s) |
| Equipment: | Ceiling Fan, Dishwasher, Refrigerator, Garbage Disposal |
| Heating: | Wall |
| Laundry: | Community |
| Laundry Equipment: | Own |
Exterior
Detailed Map
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