CA > Sherman Oaks
Sherman Oaks, CA 91423,4421 Murietta AVE
Sherman Oaks, CA 91423,4421 Murietta AVE
Sherman Oaks, CA 91423,4421 Murietta AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$6,595,000
Est. payment /mo
40 Beds
24 Baths
19,660 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 19,660 sqft

Price per Sqft $335

MLS Listing ID 24462691

Bedrooms 40

HOA Y/N No

Year Built 1955

Lot Size 0.568 Acres

Property Description

BEST DEAL IN SHERMAN OAKS! INCREDIBLE PRICE REDUCTION RESULTING IN 5.46 CAP AND 11.25 GIM IN A+ LOCATION OF SHERMAN OAKS. 4421-4427 Murietta Avenue, commonly known as the Santorini Villas, is a prestigious opportunity to acquire a quintessential value-add property situated in one of the best rental locations in prime Sherman Oaks. The beautiful open courtyard property boasts an ideal unit mix consisting of all large 1 and 2-bedroom units. Each of the units is spacious, has a terrific floor plan, and offers an abundance of natural light. Built in 1955, the property is an ideal mid-century gem ideally positioned just steps from vibrant Ventura Blvd. The Santorini Villas feature a unit mix of (16) 2-bedroom, 1-bathroom units and (8) 1-bedroom, 1-bathroom units. Interiors have hardwood floors (select units), spacious kitchens/bedrooms/bathrooms, and are separately metered for gas and electricity. Other property features include a well landscaped courtyard, a large sparkling pool, copper plumbing, an intercom entrance, a pitched roof, and ample on-site parking which is exempt from soft story retrofit (Buyer to verify). Close to some of the Valley's best dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 24

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2271013011

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Jonathan Taksa • Remax Commercial and Investment Realty

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