13060 Burbank Blvd | Sherman Oaks, CA 91401
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- LoopNet Team
13060 Burbank Blvd
Sherman Oaks, CA 91401
19-u Value-add, Copper plumbing+new roof · Multifamily Property For Sale
·
19 Units
INVESTMENT HIGHLIGHTS
- Value-add 19-unit in Sherman Oaks with ±39% rental upside; Long-time owner since 2010
- Corner of Ethel Ave, a tree-lined quiet residential area with high-priced single family houses
- Large and bright units with good layout; some units have been upgraded
- New ROOF (2018), New Copper plumbing (2019), Parking soft-story retrofit has been completed, double pane windows throughout
- Clean and very well-maintained property with excellent curb appeal
- Strategically located across from Los Angeles Valley College with excellent access to FWY 101, FWY 170 and FWY 405
PROPERTY FACTS
| No. Units | 19 | Building Size | 15,295 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1958/2020 |
| Building Class | C | Parking Ratio | 1.24/1,000 SF |
| Lot Size | 0.36 AC | ||
| Zoning | LARD1.5-1 - Five Or More Units Or Apartments | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 15,295 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1958/2020 |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | LARD1.5-1 - Five Or More Units Or Apartments |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Freezer
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Pool
- Tenant Controlled HVAC
- Gated
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 3 | - | - |
| 2+1 | 1 | - | - |
| 1+1 | 14 | - | - |
| Studios | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 2345-006-001 | Improvements Assessment | $1,921,762 |
| Land Assessment | $832,759 | Total Assessment | $2,754,521 |
PROPERTY TAXES
Parcel Number
2345-006-001
Land Assessment
$832,759
Improvements Assessment
$1,921,762
Total Assessment
$2,754,521
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