14525 Albers Street, Sherman Oaks, CA 91411
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Sold Price :
$1,900,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1962
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 |
| Close Price |
$1,900,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
13,939 |
| Year Built |
1962 |
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.
