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INVESTMENT HIGHLIGHTS: Desirable 1986- built property with mostly two bedrooms units; One unit delivered vacant; Assumable loan in the amount of approximately $1,500,000 at 4 48 % interest rate until mid 2026; Large frontage on a quiet section of Sherman Way; Great curb appeal and landscaping; All units have central heating and air conditioning units; All units have individual water heaters, owner only pays for gas for laundry room; Copper plumbingRepaved walk-ways; Ample parking spaces, each unit gets two parking spaces for a total of 26 spots; Security cameras installed throughout the property; Intercom access; Gated and secured property; Possibility of tenants paying their share of water, sewer, trash, and common area electricity bills through implementing the RUBS program.
Property Type(s):
Residential Income
| Last Updated | 5/13/2025 | Year Built | 1986 |
|---|---|---|---|
| Community | Lake Balboa | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Lake Balboa |
| GARAGE | Community Structure, Controlled Entrance, Covered, Gated |
| HEAT | Central |
| LOT | 10642 sq ft |
| LOT DIMENSIONS | 76x120 |
| PARKING | Controlled Entrance,Covered,Gated,Community Structure |
| STORIES | 1 |
| ZONING | LARD1.5 |
Location
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Listed with Marcus & Millichap
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