$1,650,000
$1,695,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
6,777 Sqft Lot
SOLD DATE : 11/17/2023
Key Details
Sold Price $1,650,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD23169975
Sold Date 11/17/23
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1938
Lot Size 6,777 Sqft
Property Description
Specialized Realty proudly presents the sale of 14446 Dickens Street in Sherman Oaks, CA. It is an amazing investment opportunity to acquire a 6-unit trophy asset with future upside centrally located in Sherman Oaks south of Ventura Blvd. The property is subject to RSO (Rent Stabilization Ordinance) and is comprised of an excellent mix of 6 bungalow style units: four (4) studio/1bath and two (2) 1bed/1bath units.
Zoned LARD1.5-1, the offering is comprised of 2 separate buildings situated on a 6,802 SF lot with 2,348 SF of gross rentable area and features 2 remodeled studio units and individual meters for gas & electricity. Current gross rents total $5,314/mo, with a potential projected gross income of $12,970/mo. This is a tremendous opportunity to acquire a property in a highly affluent and desirable neighborhood for only $282,500 a door not to mention the potential for future development.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Garage Carport, Detached Carport
Carport Spaces 6
Fence None
Pool None
Community Features Urban
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 2266006024
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Albert Karchikian • Specialized Realty, Inc.