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Rare R3 Zoning. Calling all 1031 Clients & Investors! Discover a rare gem in Sherman Oaks, just North of Ventura Blvd. This prime location offers proximity to the 101 and 405 freeway, shopping malls, markets, and public transportation.Featuring four units with two bedrooms one bath, hardwood floors, living and dining breakfast areas, patios, and shared laundry, this property also includes "Approved Plans and Permits "to build two new additional units which are paid for with complete modern appliances, washer and dryer, maximizing its value.Each unit, approximately under 900 sq ft, presents immense potential, with an existing one already remodeled with a washer and dryer and boasting a private backyard. With four-car garage, driveway parking, solar panels, newer electrical and plumbing systems, this property promises significant rental potential and growth. Don't miss out on this remarkable investment opportunity!
Property Type(s):
Residential Income
| Last Updated | 11/14/2024 | Year Built | 1955 |
|---|---|---|---|
| Community | Sherman Oaks | County | Los Angeles |
Additional Details
| AREA | Sherman Oaks |
|---|---|
| GARAGE | Community Structure, Covered, Driveway, Yes |
| HEAT | Wall Furnace |
| LOT | 6503 sq ft |
| PARKING | Covered,Driveway,Community Structure |
| STORIES | 2 |
| ZONING | LAR3 |
Location
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Listed with Berkshire Hathaway HomeServices California Properties
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