34.17246 -118.45885

14941 Burbank Blvd VAN NUYS, CA 91411

307105667 34.17246 -118.45885 213 /listing/307105667-150286613/14941-burbank-blvd-van-nuys-ca-91411 False 0 4195000.0 11921 105 25 24 21-106715 False
  • $4,195,000
  • 25 bd
  • 24 ba
  • 11,921 sqft
  • 15,246 lot
  • Est payment $22519.67/mo

Property & Neighborhood Info

Courtesy Of Marcus & Millichap

Multi-Family in SHERMAN OAKS

Current rents sit approximately 42% below market levels, allowing a new owner the potential to improve income significantly. Select units have already been upgraded with new wood flooring, new kitchen cabinets, new granite countertops, new ceiling fans, and fully remodeled bathrooms. Constructed in 1962, the building features an attractive unit mix with mostly two-bedroom apartments. The central courtyard holds a sparkling swimming pool, while tenants also enjoy ample covered parking. On-site laundry facilities offer an additional stream of income to the landlord as well. Located near the intersection of Burbank Boulevard and Sepulveda Boulevard, tenants enjoy convenient access to the 405 Freeway just blocks away. Several restaurants and retail destinations are within one mile, including Target, Costco, LA Fitness, Staples, Petco, and Ralphs. The Sepulveda Basin Recreation Center, featuring The Japanese Garden and two golf courses, is just one half-mile west of the building.

Courtesy Of Marcus & Millichap
  1. 25 Beds
  2. 24 Baths
  3. 11,921 Sq. Ft.
  4. 15,246 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1962
  • Floors: 2
  • County: LOS ANGELES
  • Units: 14
  • Zoning: LAR3
  • MLS Number:21-106715

Additional Features

  • Cooling:
    • Other
  • Disclosures:
    • As Is
  • Unit 1 Furnished:
    • No
  • Unit 2 Furnished:
    • No
  • Unit 3 Furnished:
    • No
  • Other Structures:
    • None
  • Parking:
    • Assigned
  • Parking Spaces:
    • 0
  • Heating:
    • Other
  • Number of Buildings:
    • 1
  • Board:
    • The Combined Los Angeles/Westside MLS
  • Gross Income:
    • 262248
  • Net Operating Income:
    • 152074.00
  • Special Conditions:
    • Standard
  • Cap Rate:
    • 3.63
  • Expenses:
    • 104442
  • Gross Operating Income:
    • 264384
  • Listing Agent License Number:
    • 01357019
  • Lot Size Area:
    • 15246
  • LP Per SQFT:
    • 351.90
  • Other Equipment:
    • Other
  • Unit 1 Bathrooms:
    • 1.00
  • Unit 1 Bedrooms:
    • 1
  • Unit 1 Rent:
    • 5825.00
  • Unit 1 Total Units:
    • 4
  • Unit 2 Bathrooms:
    • 2.00
  • Unit 2 Bedrooms:
    • 2
  • Unit 2 Rent:
    • 14353.00
  • Unit 2 Total Units:
    • 9
  • Unit 3 Bathrooms:
    • 2.00
  • Unit 3 Bedrooms:
    • 3
  • Unit 3 Rent:
    • 1676.00
  • Unit 3 Total Units:
    • 1
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Robert Leighton
Robert Leighton
Broker
9200 Sunset Blvd. Suite 200 9200 Sunset Blvd. Ste 200 Los Angeles CA 90069
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34.17246 -118.45885

14941 Burbank Blvd VAN NUYS, CA 91411

307105667 34.17246 -118.45885 213 /listing/307105667-150286613/14941-burbank-blvd-van-nuys-ca-91411 False 0 4195000.0 11921 105 25 24 21-106715 False
  • $4,195,000
  • 25 bd
  • 24 ba
  • 11,921 sqft
  • 15,246 lot
  • Est payment $22519.67/mo