13718 Moorpark St - Apartments FOR SALE


Sherman Oaks, CA 91423
$3,825,000 USD
818-865-8305
13718 Moorpark St, Sherman Oaks, CA for Sale
$3,825,000 USD
Apartments - FOR SALE
1/27
null | 3.69% Cap Rate

13718 Moorpark St
Sherman Oaks, CA 91423


HIGHLIGHTS

  • Built in 1990 - Three floors over parking garage
  • Prime Sherman Oaks location. Appx 195' frontage
  • Offered below replacement cost at $260 per foot
  • SCEP completed in 2023 - SB721 not performed
  • 6: 2 br 2.5 ba townhomes, 6: Singles/Jr. 1
  • Central HVAC - Fireplaces - Balconies

OVERVIEW

The Moorpark Street property currently consists of twelve multifamily units with a unit mix of six, two bedroom two and one half bath townhouse units and six singles (or Jr. one bedroom units). The property has 194.8 feet of frontage along Moorpark Street and is zoned R3. There are three stories built over two enclosed parking garages. Though the property could use some freshening up, we believe this to be a unique opportunity to own 1990's construction with an interesting unit mix and modern appointments.

FOR SALE DETAILS

PRICE

$3,825,000 USD

PRICE/SF

$260 USD /SF

# OF UNITS

12

PRICE/UNIT

$318,750

CAP RATE

3.69%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,741 SF

ZONING

LAR3

APN/PARCEL ID

2271-018-019

ASK ABOUT THIS PROPERTY

Taylor BurnsideHanes Investment Realty, Inc.More Info
818-865-8305

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Taylor BurnsideHanes Investment Realty, Inc.More Info
818-865-8305

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.