This pride of ownership five-unit apartment building located in Sherman Oaks, was built in 1953 and has an excellent unit mix of (4) 1 bedroom + 1 bath units and (1) 2 bedroom + 1 bath unit. There is immediate potential for upside in rents as one unit will be delivered vacant. The building is 3,336 square feet and is situated on an 9,699 square foot lot.The property has a private laundry room and 5 covered parking stalls. The location is within walking distance to Los Angeles Valley College, Notre Dame High School, Louis Armstrong Middle School, and the Sherman Oaks Recreation Center. There are also many employment centers within walking distance, and/or a short bike or car ride which attracts a quality tenant base and strong occupancy rate. Tenant also enjoy easy access to many restaurants, the Westfield Shopping Mall, as well as the 170, 101, and 405 freeways. Sherman Oaks is one of the most desirable communities in the San Fernando Valley that attract residents who seek a lifestyle of suburban comforts. The neighborhood’s close proximity to shopping malls, the Ventura Strip and the Noho Arts District means that an investor will enjoy the continued development of what is considered to be a premier “hub” of the San Fernando Valley, providing for a solid long term investment with immediate added value.