14514 Benefit St

Sherman Oaks, CA, 91403

$1,610,000

$446 per ft²
$1,610,000
$446 per ft²
Sold
Sold
beds
5 Beds
baths
5 Baths
carpenters-square
3,608 ft²
property_type
Multi-family
calendar
Built 1951
We are proud to present this 5-unit apartment building located at 14514 Benefit Street in Sherman Oaks, California. This ideally located property is South of both Ventura Blvd and Dickens St, making this one of the most desirable pockets in the San Fernando Valley.Built in 1951, this 3,608 sqft building sits on a 6,804 sqft lot (0.16 acres), and it boasts a strong unit mix of (1) studio, (3) 1 Bed units, and (1) 2 Bed / 1 Bath + Den unit. This great value-add opportunity has more than 50% upside potential in rents, and this is an ideal property to build at least one detached ADU. The best place to build this ADU would be over the carport that is at the back of the property, which will allow you to add a brand new construction unit to the property without getting rid of any parking for the tenants. Also, since there is no tuck-under parking at this property, there is no requirement for the buyer to do any mandatory seismic retrofitting.
MLS® ID:
21-106264
Listed:
11/16/21
Updated:
5/28/22
Coldwell Banker Realty
Barry Dantagnan

Interior Features

Total Bedrooms
5
Total Bathrooms
5
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
6,804 ft² lot

Other Property Details

Attached Garage
No
Parking
Covered Parking
Parking Total
6.0
View
N
County
Los Angeles
Pool
No
Zoning
LARD1.5

Property History

Date
Event
Price
Value
3/16/22
Sold
-
-
3/16/22
Price Change
$1,610,000
0%

 

Courtesy of Filip Niculete, Marcus & Millichap

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barry Dantagnan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/28/22

Coldwell Banker Realty
Barry Dantagnan
Contact