4188 Greenbush Ave - Apartments FOR SALE


Sherman Oaks, CA 91423
$3,095,000 USD
818-319-9191
4188 Greenbush Ave, Sherman Oaks, CA for Sale
$3,095,000 USD
Apartments - FOR SALE
1/11
null | 4.75% Cap Rate

4188 Greenbush Ave
Sherman Oaks, CA 91423


HIGHLIGHTS

  • Prime Sherman Oaks Location
  • 2 Studio Units
  • 4 1B + 1B
  • 10 parking spaces
  • 4 1B Lofts
  • Spacious Laundry Room

OVERVIEW

IKON Properties LA is pleased to present the Regency Arms Apartments, a 10-unit multifamily property located in one of Sherman Oaks’ most desirable neighborhoods. This investment opportunity features updated, spacious units, ample parking, on-site laundry facilities, and professional property management, making it a valued addition to any real estate portfolio. The property is ideally situated just south of Ventura Blvd, only 200 feet from this iconic street, on a serene, tree-lined block in the heart of Sherman Oaks. Tenants enjoy easy access to some of the area’s best dining, shopping, bars, and services. Notable culinary destinations like Sushi Note, Petit Trois, BLVD Steak, and HomeState are just minutes away, while multi-million-dollar single-family homes border the property to the north, highlighting the neighborhood’s exclusivity. The Regency Arms Apartments is also conveniently located just one block from the well-regarded Dixie Canyon Community Charter School, adding appeal for families and enhancing the area’s desirability. This is a prime opportunity for investors to acquire a multifamily asset in a top-tier location with significant potential for appreciation. With the possibility of adding Accessory Dwelling Units (ADUs) and increasing rents, there’s ample room to unlock value and maximize returns on this outstanding property.

FOR SALE DETAILS

PRICE

$3,095,000 USD

PRICE/SF

$357 USD /SF

# OF UNITS

10

PRICE/UNIT

$309,500

CAP RATE

4.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Regency Arms Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,640 SF

ZONING

RD1.5

APN/PARCEL ID

2373-005-010

ASK ABOUT THIS PROPERTY

Blas FernandezIkon PropertiesMore Info
818-319-9191

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Blas FernandezIkon PropertiesMore Info
818-319-9191

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