**Price Correction** Attention investors, developers and owner-users- a rare opportunity has emerged south of the Boulevard in the heart of Sherman Oaks, just one block away from the vibrant dining, shopping, and trendy Ventura Blvd. This exceptional property offers incredible upside with plans in place for a proposed six-unit development… Read More totaling approximately 12,000 square feet-a major head start that can significantly accelerate the path toward construction. Opportunities like this in such a desirable pocket of Sherman Oaks are hard to find. The property currently consists of three units on a month-to-month tenancy, providing immediate income while you plan the next chapter. LOCATION. VISION. OPPORTUNITY. Read Less
Property listed by The ONE Luxury Properties, Zach Sklar
Listing Snapshot
Days Online
110
Last Updated
Beds
5
Square Ft.
2,484
Lot Size
0.15 Acres
Year Built
1940
MLS Number
26660497
Additional Details
Building
Built in 1940, Living area: 2484.0, 3 buildings, Building faces South, 1 storey, Levels: One, Entry location: Ground Level - no steps, Construction Materials: Frame
Exterior Features
Patio/Porch Features: None
Fireplaces
None
Foundation
Combination
Heating
Central
Income
Gross Income: $83,220, Net Operating Income: $59,086
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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