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$4,975,000
Est. payment /mo
5,985 Sqft Lot
UPDATED:
01/30/2025 05:57 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24414939
HOA Y/N No
Year Built 1973
Lot Size 5,985 Sqft
Property Description
Trophy location. corner property with an alley in the back . Walk to all restaurants, shops and Sherman Oaks village .This is a great opportunity for investors to acquire these two income producing properties in the densely populated Sherman Oaks neighborhood.This area is situated within the Transit Oriented Communities (TOC) Tier 2. Existing 2 ( FIVE ) unit buildings on two separate lots , Approx proforma annual income of approx. $304,000 . lot size 11,9852 sq.ft. , Living space sq. ft 9,820 sq.ft . 4323 Van Nuys blvd. ( APN # 2276014002) consists of (1) single story 3 br, 2 bath house , (2 ) two br ,1 bath & ( 2) one br,1 bath units .4329 Van Nuys blvd . ( APN # 2276014001) consists of (1 ) 2 Br +den , 1 bath owner's unit and ( 2) two br ,1 bath & (2 ) one br. 1 bath units.A unique Buy & hold or development opportunity for investors and builders in prime area of Sherman Oaks South of Ventura Blvd.Asking price $4,975,000 .Buyer to verify zoning , lot size, age of the building and applicable requirements to develop .
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LARD1.5
Interior
Fireplace No
Exterior
Total Parking Spaces 10
Building
Lot Description Corner Lot
Others
Tax ID 2276014001
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Listed by Steven B. Mesbah • Rodeo Realty