4462 Murietta Ave

21 Unit Apartment Building $5,750,000 ($273,810/Unit) Sherman Oaks, CA 91423

Investment Highlights

• Amazing Sherman Oaks Location
• Upcoming Vacancies and Rental Increases
• 21 Unit Apartment Complex
• Upside Investment

Executive Summary

Motivated Seller
Spectrum Commercial Real Estate is pleased to present the opportunity to purchase 4462 Murrieta Avenue, a 21 unit apartment complex in the highly desirable Sherman Oaks neighborhood. Less than 1 mile from the 101 Freeway and walking distance to several restaurants and amenities. The property consists of 21 units, complete with carports & storage space for the Tenants in addition to a common courtyard and pool. Built in 1956, the exterior of the building was recently updated with security access gates and a new roof was installed within the last 5 years. The Property, located one block off Ventura Blvd & Hazeltine Ave, consists of the main structure & parking garages, with 4 – 1 bed room/1 bath room, 14 – 2 bed room/1 bath room, 2 – 3 bed room/2 bath room, & 1 bachelor apartments. There are separate onsite parking ports for each unit. 4462 Murrieta Avenue has perhaps one of the most walkable neighborhoods in Sherman Oaks. Seller is motivated and will consider all offers. Call Broker for more info.

Property Facts

Unit Amenities

• Air Conditioning
• Cable Ready
• Disposal
• Heating
• Kitchen
• Refrigerator
• Tub/Shower

Site Amenities

• Courtyard
• Laundry Facilities
• Pool
• Recycling

Unit Mix Information