$1,995,000
This is a unique opportunity to own a six unit prime Sherman Oaks apartment building that could be delivered with five fully furnished, vacant residences. This unique vacancy profile allows a new owner to immediately set market rents and maximize cash flow on day one, without the need to do any improvements. Ideally located on beautiful Dickens Street, south of Ventura Blvd and just west of Van Nuys Blvd, the subject property is mere steps to premier shops, restaurants, entertainment, and grocery stores. Its prime, West Sherman Oaks location also offers strategic access to both the 101 and 405 freeways, providing seamless connectivity to the Westside, Beverly Hills, Studio City, and beyond. 5 of the 6 subject property's residences are in tastefully furnished, rent ready condition, exude charm & feature real hardwood floors, allowing the investor unique ability to set rents & control occupancy. 14526 Dickens Street presents a compelling opportunity to acquire an extremely well-located asset in the San Fernando Valley's most sought-after location.
Listed by Glenn Brander with Miller & Desatnik Realty Co. (310) 202-9166
Property Type
Residential Income
Status
Active
MLS Number
26663427
Year Built
1941
Lot Size
6,808 sq ft
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