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5170 Columbus Ave
Sherman Oaks, CA 91403 Sherman Oaks

$2,290,000 USD

Apartments For Sale  •  4,821 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,821 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 4.25 %
  • Zoning LAR3
41 Transit Score
63 Walk Score

Highlights

8 Units in Excellent Sherman Oaks Location
Minutes to Ventura Blvd & Sherman Oaks Galleria
Some Nicely Renovated Units
Central A/C & Heat in all units except ADU
Great Unit mix of (2) 2 Bed/2 Bath, (4) 1 Bed/1 Bath Unit and (1) Studio and (1) Studio ADU
Not on LA City Soft Story Retrofit List

Property Flyers

Financial Summary (Actual)

Net Operating Income: $97,239 USD (2024)
Cap Rate: 4.25 %
Total Expenses: $53,222 USD

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 4.4 mi
Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 8.9 mi
AirportDriveWalkDistance
Bob Hope 15 min - 8.5 mi
Los Angeles International 26 min - 18.5 mi
Long Beach (Daugherty Field) 44 min - 35.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Covered
Included in Rent: Yes
Brett Sanson 818-212-2785 Marcus & Millichap
Brett Sanson 818-212-2785 Marcus & Millichap