14525 Albers Street

Sherman Oaks, CA 91411

  • $1,900,000
    Sold Price
  • N/A
  • N/A
  • N/A sqft
    $246 / sqft
  • 1962
    Year Built

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Property Description

We are pleased to present is well-kept, twelve-unit multifamily complex in a prime Sherman Oaks location. The asset offers a nice mix of two-bedroom, one-bedroom, and studio units located on a large lot with a beautiful tree-lined street. There are three buildings on this parcel, two of which are two story buildings and the other is a single level detached apartment. The complex is garden style with ample garage and open lot parking available for tenants, which is a nice amenity in the densely populated city. A laundry facility on-site is provided for the residents as well. The Albers Street Apartment unit amenities comprise of air conditioning, spacious floor plans, and private patios on select units. This property is in a good central Sherman Oaks location right near major retail, educational, and employment opportunities. The property is conveniently located less than a mile from the CA-101 Freeway and 405 Freeway, which allow tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire a well-maintained apartment community with exceptional value-add upside in a premier location within the city. The property is subject to rent control.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Carpet, Laminate
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 14525 Albers Street
City Sherman Oaks
State CA
Zip 91411
County Los Angeles
Listing Agent Mark Bridge DRE#01316702
Courtesy Of Mark Bridge, Broker
MLS OC19130597
Close Price $1,900,000
Status Closed
Type Residential Income
Structure Size N/A
Lot Size 13,939
Year Built 1962
DOM 50

Exterior Information

Jim Malmberg

Jim Malmberg

Company JohnHart Real Estate
DRE 01815608

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Listing information courtesy of: Mark Bridge, Mark Bridge, Broker. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 1st, 2019 at 8:18 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.