$2,395,000
Proudly presenting The Moorpark West, a Fully-Occupied and Entirely Reimagined Trophy 4 Unit in the heart of Sherman Oaks, with an $11,500 Monthly Rent Roll, one block away / walking distance to Ventura Blvd, situated on an expansive 10,500 sq ft lot with endless possibilities. All 4 units are 2BD / 1BA, turn-key and have been extensively remodeled, highlighting updated flooring, Central HVAC, Custom Chef's kitchen w/ Stainless Appliances and Washer/Dryers in each unit. Some of the many upgrades include pristine landscaping, newer windows/plumbing/waste lines, recessed lighting, and updated kitchens, bathrooms and fixtures. Both ground level units have their own private patios, while the upstairs units feature spacious balconies with lots of natural light. The parking is incredible, offering 8 designated spaces, including Two (2) Two (2) Car Garages, which may also be converted to an additional unit(s). Buyer may be able to build up to 4 ADUs per SB1211, buyer to confirm w/ City of LA. Low Cost of Maintenance and Ease Of Management, The Moorpark West offers an investor or Owner/User to take over an Exceptional, Low-Maintenance Asset. In a market where much of the income property inventory consists of neglected buildings requiring significant capital improvements, The Moopark West stands out as a turnkey investment opportunity that combines Immediate Cash Flow with Strong Growth Potential.
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Listed by Arbi Baghoomian with Americana Real Estate Services (818) 244-2777
Property Type
Quadruplex
Status
Active
MLS Number
GD26035270
Year Built
1948
Lot Size
10,472 sq ft