Property Detail

Description

Positioned within the highly desirable Sherman Oaks submarket, this six-unit multifamily property combines stability with long-term investment appeal. Consisting of approximately 4,844 square feet on a 10,665-square-foot lot, the property offers a favorable unit mix and on-site parking with own enclosed garage. Built in 1953, the property carries potential for value-add renovations while maintaining solid fundamentals, supported by a historically low vacancy area. Located along Burbank Boulevardone of the San Fernando Valleys prominent east-west thoroughfaresthe asset benefits from close proximity to major employment centers, retail corridors, and regional connectivity. Quick access to I-405 and US-101 positions the property within minutes of the greater Los Angeles network, including major business districts in Sherman Oaks, Encino, and Studio City. With strong local demographics and continued rental demand, this property presents both immediate income and long-term upside.