Detailed Introduction Of This Home
Much Desired Sherman Oaks Location; Hard-to-Find 6.37% Current Cap Rate; Strong in-place rents; Extra storage Income; Low utility expenses; Trash Service provided by the City of Los Angelesat no cost to owner; All units have individual water heaters; Seismic retrofit not required; Approved Architectural Plans and Permits for addition of 2 ADU apartments. Quiet tree-lined street. Hard-to-Find asset in the desirable Sherman Oaks area of San Fernando Valley. Property features strong current rents and low operating expenses. Seismic Retrofit notrequired.Great unit mix of Two 2Bed/2Bath and Four 1Bed/1Bath units. Easy access to financial, entertainment, and shopping establishments of the Westside, Los Angeles,Burbank, Glendale via multiple freeways and bus lines.