Sherman Oaks CA Real Estate & Commercial for Sale

total offering includes 4329 & 4323 Van Nuys Blvd. 10 unit apartment building .Prime south of ventura blvd. Corner lot with an alley behind. Must be purchased with together . Each 5 unit building . Two story owner's unit . plenty of parking in the back . walk everywhere. Ideal 1031 exchange or long hold

Prime south of ventura blvd. Corner lot with an alley behind. Must be purchased with the building next door which is also a 5 unit building . Two story owner's unit . plenty of parking in the back . walk everywhere. Ideal 1031 exchange or long hold

We are proud to present, a value-add, single-tenant retail opportunity located at 13424 & 13242 Riverside Drive in the highly desirable City of Sherman Oaks, California. Potential for interest-only Seller financing.The property consists of 2 individually metered spaces, currently leased on a month-to-month basis to one tenant, offering an owner-user the ability to occupy part of the space, while leasing out the other, off-setting the mortgage, or for an astute investor looking to reposition the property and bring the rents up to market.The space is currently occupied by Nail Fetish, a long-term tenant that is operating at a rental rate of $1.98 p/sf, far below the market average of $3.36 p/sf.The property encompasses roughly 1,225 square feet and is situated on a 3,000 square foot lot, offering a zoning of LAC1.5. Per city records, the building was constructed in 1949 of wood frame with a flat roof and stucco exterior, and recently ownership installed a new 200-amp commercial main panel, as well as one sub-panel, and new Siemens meters.Sherman Oaks is a vibrant neighborhood located in the San Fernando Valley region of Los Angeles, California. Known for its tree-lined streets, upscale residential areas, and bustling commercial districts, Sherman Oaks offers a blend of suburban charm and urban convenience. The neighborhood is bordered by Studio City to the east, Van Nuys to the north, Bel-Air and Beverly Hills to the south, and Encino to the west.Sherman Oaks is characterized by a mix of housing options, including single-family homes, condominiums, townhouses, and apartment buildings. The neighborhood's residential real estate market is robust, with properties ranging from charming mid-century homes to modern luxury estates. Sherman Oaks' desirable location, excellent schools, and neighborhood amenities contribute to its appeal among homebuyers and renters alike.Sherman Oaks is a dynamic and desirable community in the heart of the San Fernando Valley, offering a high quality of life, a strong job market, and a diverse range of amenities. With its thriving economy, diverse population, and convenient location, Sherman Oaks continues to attract residents and businesses seeking a vibrant and welcoming place to live, work, and play

Discover an extraordinary investment opportunity in the heart of Sherman Oaks! This 10-unit apartment complex, nestled just half a block from the vibrant shopping and dining scene on Magnolia Boulevard, offers a blend of luxury and convenience. With spacious, townhouse-style units provide a comfortable living experience for tenants. This desirable rental area is located in one of Sherman Oaks most sought-after rental neighborhoods, this property boasts a consistently low vacancy ratio. Offering tenant comfort as residents enjoy air conditioning, hardwood floors, fireplaces, and private patios. The property has recent upgrades such as a brand-new roof and completed soft-story retrofitting enhance the propertys value. On-site tuck-under parking and shared laundry facilities add convenience and gated property. A true hidden gem tucked behind gates, this building offers a sense of exclusivity in a coveted neighborhood. Investment potential: With over 43.67% potential upside in rent, this property presents a compelling reposition opportunity. Dont miss out on this chance to invest in a thriving area with strong income potential.