logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
Street View
icon icon
8 Photos
icon
icon icon
14921 Sherman Way
USD 7,000,000
Property ID: 24350843
icon
14921 Sherman Way ,91405
icon --
icon 29604 SqFt
icon Built in 1964
icon USD 236/SqFt
icon 50 Beds
icon 50 Full
icon --
icon --
icon
icon
icon
Location Street View
icon
icon Direction
Interior Details
Bedrooms
50
Bathrooms
50
Interior Size
26760
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1964
See more icon
Detailed Introduction Of This Home
This 32-unit two-story garden style complex has gated entry, a pool, laundry room and landscaped courtyard. The parking is also gated and has 24 tuck under spaces, 9 carport spaces and one open space for a total of 34 cars. The City of Los Angeles mandatory seismic retrofit work has already been completed by the owner. Other capital improvements include repaving the driveway and putting on a new roof about 10 years ago.The building is separately metered for both gas and electricity and the majority of the units have a private patio or balcony. The unit mix is excellent of 56% two bedrooms, two baths units averaging $1.59 psf and 44% one bedroom units averaging $1.34 psf. Both unit types are currently renting significantly below the current market of at least 50%.This well-maintained complex offers an investor stable cash flow with upside that will appreciate in value over time. The property is also located in an Opportunity Zone, which offers an investor the potential to defer and eliminate capital gains if they substantially improve the asset per the existing OZ laws. *Located in Opportunity Zone *Very well maintained *Great Mix of 1 & 2 Bedrooms with Balconies / Private Patios *Gated Parking & Entry *Pool, Laundry and Landscaped Courtyard
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 8
album
album
album
album
album
album
album
album
Photos (8)
icon
icon
banner
14921 Sherman Way
USD 7,000,000 50 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.com
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.com’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder