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$ 5,395,000
Est. payment | /mo
30 Beds
30 Baths
19,584 SqFt
$ 5,395,000
Est. payment | /mo
30 Beds
30 Baths
19,584 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 19,584 sqft
Price per Sqft $275
MLS Listing ID 26985539
Bedrooms 30
HOA Y/N No
Year Built 1987
Lot Size 0.287 Acres
Property Description
4303 Cedros Ave, a 15 unit apartment building located in Sherman Oaks, a San Fernando Valley neighborhood. Built in 1987, the property consists of (15) two-bedroom + two-bathroom units. The building is 19,584 gross square feet and sits on a12,500 square foot lot.4303 Cedros Ave is located on a quiet, tree-lined residential street in the heart of Sherman Oaks.Residents enjoy close proximity to popular destinations such as the Sherman Oaks Galleria andVentura Boulevard, known for its vibrant mix of boutique shopping, acclaimed restaurants, wine bars, cafes, and everyday conveniences.Centrally positioned within the San Fernando Valley, the property offers seamless access to major transportation routes including the 101 and 405 freeways, providing an easy commute to surrounding Los Angeles neighborhoods and employment hubs. Its desirable location combines neighborhood charm with urban accessibility, making it an appealing choice for a wide range of tenants. The property currently delivers an initial CAP rate of 5.38%, with the potential to reach a6.62% CAP rate upon unit turnover.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LARD1.5
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Private
Total Parking Spaces 15
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2276013021
Special Listing Condition Standard
Listed by Michael Kamara Lyon Stahl Investment Real Estate, Inc. #02062158
Nearby Locations
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