15207 Dickens St - Apartments FOR SALE


Sherman Oaks, CA 91403
$2,600,000 USD
818-456-7846
15207 Dickens St, Sherman Oaks, CA for Sale
$2,600,000 USD
Apartments - FOR SALE
1/13
null | 4.46% Cap Rate

15207 Dickens St
Sherman Oaks, CA 91403


HIGHLIGHTS

  • Value Add Opportunity – Rental Upside
  • Spacious 1- and 2-Bedroom Units
  • On-Site Laundry & Parking
  • New Electrical Panels
  • Prime Location - South of Ventura Blvd
  • Potential to Convert Carport Parking to ADU

OVERVIEW

Andy C Kawatra, retained as the exclusive listing agent, presents 15207 Dickens Ave, a 9 unit building in a prime location of Sherman Oaks. This value-add opportunity features two story 7,944 square foot building on a 9,512 square foot lot. The property consists of 9 spacious one- and two-bedroom apartment homes. Built in 1955, the property offers hard wood and tile flooring, on-site laundry, easy access to the 101 & 405 freeways and is fully occupied. Close to The Village at Sherman Oaks, the commercial pedestrian-friendly shopping district located along Ventura Boulevard between Van Nuys Boulevard and Cedros Avenue. New electrical panels, seismic retrofit completed. The subject property is located along Dickens Street south of Ventura Boulevard and one block east of Sepulveda Boulevard between Saugus Avenue to the west and Noble Avenue to the east. Easy access to the 101 Freeway and the 405 Freeway via Sepulveda Boulevard. Unit 5 is vacant. Can be delivered vacant or rented.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$227 USD /SF

# OF UNITS

9

PRICE/UNIT

$288,889

CAP RATE

4.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,512 SF

ZONING

RD1.5

APN/PARCEL ID

2276-007-012

ASK ABOUT THIS PROPERTY

Andy KawatraMarcus & MillichapMore Info
818-456-7846

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Andy KawatraMarcus & MillichapMore Info
818-456-7846

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