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4546 Murietta Ave
Sherman Oaks, CA 91423 Sherman Oaks

$3,300,000 USD

Apartments For Sale  •  10,994 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,994 SF
  • Lot Size 0.3 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 5.30 %
  • Zoning R3
49 Transit Score
78 Walk Score

Highlights

A 13-unit Multifamily Opportunity in the highly desirable Sherman Oaks neighborhood in the Eastern San Fernando Valley.
Six (6) One-Bedroom | One-Bathroom, Six (6) Two-Bedroom | Two-Bathroom AND One (1) 3-Bedroom | 2-Bathroom apartment homes.
4546 Murietta Avenue is situated near Moorpark Street and is considered a prime Sherman Oaks location.
The property provides Thirteen (13) gated parking spaces. The soft-story retrofit work was completed in 2023.
Operational costs are low due to drought-tolerant landscaping and separate gas and electric utility metering.
Future increases in income could be achieved through unit attrition, progressive management practices, operational efficiencies and future upgrades.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $174,336 USD (2023)
Cap Rate: 5.30 %
Total Expenses: $93,310 USD

Amenities

  • Air Conditioning
  • Dishwasher
  • Laundry Facilities
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet
  • Den
  • Family Room
  • Handrails
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 4.8 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 7.9 mi
AirportDriveWalkDistance
Bob Hope 14 min - 7.9 mi
Los Angeles International 28 min - 19.5 mi
Long Beach (Daugherty Field) 47 min - 36.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Covered
Included in Rent: Yes
Rich Johns 213-305-9026 KW Commercial
Rich Johns 213-305-9026 KW Commercial