Detailed Introduction Of This Home
Opportunity to purchase a 9 unit non rent controlled property in prime Sherman Oaks. Tremendous upside of 25% in the existing rents. Being sold by long time owner. Rents can be increased 9%+ January 2024. 100% occupancy.
Spacious townhouse units average 970 Square feet and features central HVAC, wood flooring, patios and balconies, parking garage, securitized building, community laundry room, individual water heaters. Potential to convert to condos and or add additional living space to two of the units.
Sherman Oaks Galleria and great shopping is within one mile of the property. Convenient access to the 405, 134 and 101 freeways.
This opportunity will not last long. Pride of ownership building on nice corner lot.