14941 Burbank Blvd

SHERMAN OAKS, CA, 91411

$4,195,000

$351 per ft²
$4,195,000
$351 per ft²
Active
Active
 - For Sale
beds
25 Beds
baths
24 Baths
carpenters-square
11,921 ft²
property_type
Multi-family
calendar
Built 1962
Current rents sit approximately 42% below market levels, allowing a new owner the potential to improve income significantly. Select units have already been upgraded with new wood flooring, new kitchen cabinets, new granite countertops, new ceiling fans, and fully remodeled bathrooms. Constructed in 1962, the building features an attractive unit mix with mostly two-bedroom apartments. The central courtyard holds a sparkling swimming pool, while tenants also enjoy ample covered parking. On-site laundry facilities offer an additional stream of income to the landlord as well. Located near the intersection of Burbank Boulevard and Sepulveda Boulevard, tenants enjoy convenient access to the 405 Freeway just blocks away. Several restaurants and retail destinations are within one mile, including Target, Costco, LA Fitness, Staples, Petco, and Ralphs. The Sepulveda Basin Recreation Center, featuring The Japanese Garden and two golf courses, is just one half-mile west of the building.
MLS® ID:
21-106715
Updated:
5/28/22
Coldwell Banker Realty
Barry Dantagnan

Interior Features

Total Bedrooms
25
Total Bathrooms
24
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
0.35 acres lot

Other Property Details

Attached Garage
No
Parking
Assigned
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LAR3

 

Courtesy of Roderick ''Rick'' Raymundo, 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
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