11153 Sherman, Los Angeles, CA 91352
- $1,190,000
- List Price
- $1,190,000
- Status
- ACTIVE
- MLS#
- GD26198719
- Year Built
- 1955
- Lot Size
- 6,001
- Acres
- 0.14
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 5
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
Excellent Four-Unit Investment Opportunity in Sun Valley, Bordering North Hollywood Offering an excellent opportunity for investors and owner-users, this well-positioned four-unit multifamily property is ideally located in Sun Valley, bordering North Hollywood. The property features four spacious 2-bedroom, 1-bathroom units, making it an attractive asset with desirable unit sizes and strong rental appeal. The building is well maintained and recently updated, including fresh exterior and interior improvements and dual-pane windows that enhance energy efficiency and overall tenant comfort. Each unit is individually metered for gas and electricity, while the owner pays for water, helping provide greater control over operating expenses. Additional property features include a detached four-car covered garage, providing valuable off-street parking, and a common-area laundry facility for tenant convenience. With desirable 2-bedroom units, separate utility metering, covered garage parking, laundry facilities, and recent improvements, this property represents an excellent opportunity to acquire a solid income-producing multifamily asset in the San Fernando Valley.
Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $55,020
- Operating Expense
- 13755
Listing courtesy of Listing Agent: Vahik Beglarian (vbeglarian@yahoo.com) from Listing Office: Coldwell Banker Hallmark.
Mortgage Calculator
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