Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

8

Building size

4,821 sqft

Lot size

6,254 sqft

Year built

1956

Stories

2

Garage spaces

6

Heating

Wall Furnace,Central

Cooling

Central Air

Status

Active

Days on market

1

MLS #

248889650

About this property

We are proud to present this 8-unit apartment building in an excellent Sherman Oaks location. The property was originally built in 1956, four units were added in 1987 and then in 2024, a Studio ADU was added for a total of 8 units. This property is subject to the LA City Rent Control. There is an excellent unit mix that includes Two Two-Bedroom/Two-Bath Units and Four One-Bedroom/One-Bath Units, One Studio and One Studio ADU. The property is minutes from the endless dining, shopping, and entertainment options on Ventura Blvd. The Sherman Oaks Galleria is also a very short drive away. Access to the 101 and 405 Freeway's is very close by, which provides easy access to the surrounding area and job opportunities. This is a great opportunity to own an apartment building with renovated units in a desirable Sherman Oaks location.

Location

5170 Columbus Avenue

Sherman Oaks, Los Angeles, CA, 91403