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Map
$11,898,668*
●
Multifamily -
Off Market
4742 Sepulveda Blvd
Sherman Oaks, CA 91403
Studio
0 Bath
$9,540,000 - $11,660,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
About This Property
4742 Sepulveda Boulevard, a 19-unit turnkey property that can be
delivered with two ADU's ready to rent. Constructed in 2014, this
well-maintained trophy asset offers ease of management with 100%
rent collection throughout COVID and a 4% cash on cash return
starting on day one. Situated just north of Ventura Boulevard, the
subject property is located near numerous offices, crowd-favorite
restaurants and shopping centers. The 26,450 SF four-story building
sits on a 15,276 SF lot, and is comprised of (18) two-bedroom units
and (3) studios. The two-bedroom units average approx. 1,200 SF and
studio units average approx. 620 SF. Each condo-quality unit
features wood/tile flooring, stainless steel appliances, granite
countertops, washer/dryer and balcony (only for two-bedrooms).
Property amenities include secured entry, elevator, several
well-maintained community courtyards, spacious rooftop deck with
panoramic views of the San Fernando Valley and approx. 36 parking
spots in a gated subterranean garage. With strong in-place tenant
profiles and a Class-A location in the heart of the San Fernando
Valley, 4742 Sepulveda Boulevard presents the perfect long-term
opportunity for any type of investor. Property is subject to LA
Rent Stabilization Ordinance.
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
2014
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 6, 2021 | No longer available | - | |
No longer available | |||
Jun 4, 2021 | In contract | - | |
In contract | |||
Apr 27, 2021 | Price Decreased |
$10,600,000
↓ $425K
(3.9%)
|
|
Price Decreased | |||
Feb 19, 2021 | Listed | $11,025,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/19/2021
|
|
Studio
|
-
|
-
|
$11,025,000
Studio
-
|
-
-
|
-
|
Max Berger
Compass
|