4573 Willis Ave - Apartments FOR SALE


Sherman Oaks, CA 91403
$7,900,000 USD
310-202-9166
4573 Willis Ave, Sherman Oaks, CA for Sale
$7,900,000 USD
Apartments - FOR SALE
1/7
null | 4% Cap Rate

4573 Willis Ave
Sherman Oaks, CA 91403


HIGHLIGHTS

  • Well maintained 22 unit apartment building located in a prime Sherman Oaks location.
  • Situated near Ventura Boulevard, offering easy access to a variety of dining, shopping, and entertainment destinations.
  • Tenant amenities include central air, dishwashers, pool, elevator, controlled access, gated parking.
  • Tremendous rental upside. Many of the rents are well below market.

OVERVIEW

Miller & Desatnik Realty Corp. is proud to present 4573 Willis Ave. for sale. Situated in a highly desirable Sherman Oaks neighborhood, 4573 Willis Ave offers unmatched access to essential amenities. Residents can enjoy living in close proximity to a variety of local restaurants, shops, schools, parks, and public transportation. The apartments feature spacious floor plans and a mix of 4 One Bedroom + One Bath Units, 15 Two Bedroom + Two Bath Units, and 3 Three Bedroom + Two Bath Units. Tenant amenities include central air, dishwashers, pool, elevator, controlled access, gated parking. Moreover, with easy access to major freeways like the 101 and I-405, commuting throughout Los Angeles is a breeze, making it an ideal choice for professionals and families alike. The combination of its prime location and well-appointed units makes 4573 Willis Avenue a truly outstanding place to call home, offering a rare opportunity for comfortable, high-quality living in one of LA’s most desirable neighborhoods. This is a rare opportunity to purchase a great multifamily property in a terrific Sherman Oaks neighborhood.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$294 USD /SF

# OF UNITS

22

PRICE/UNIT

$359,091

CAP RATE

4%

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willis Park West

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,556 SF

ZONING

LAR3

APN/PARCEL ID

2264-017-037

ASK ABOUT THIS PROPERTY

Gary FoxMiller & Desatnik Realty Corp.More Info
310-202-9166

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Gary FoxMiller & Desatnik Realty Corp.More Info
310-202-9166

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