14941 Burbank Boulevard
14941 Burbank Boulevard Sherman Oaks, California 91411 United States

$4,195,000
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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...

Marcus & Millichap

Listing Courtesy of Marcus & Millichap
$4,195,000
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.35 Acres
Exterior
Residential Income
Property type
1962
Year Built
21106715
Web Id
21106715
MLS ID
Los Angeles Unified
School District
18
days ago

About 14941 Burbank Boulevard

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.

Listing Courtesy of Roderick 'Rick' Raymundo, Marcus & Millichap, 01357019, Active

PROPERTY INFORMATION

Parking Description
Assigned

ADDITIONAL INFORMATION

Number of Units
14

14941 Burbank Boulevard, Sherman Oaks, California 91411 United States is a Residential Income for Sale for $4,195,000. Was built in 1962,  on a lot of .35 Acres ( m2) and it's composed from .


Listing Courtesy of Marcus & Millichap

Marcus & Millichap

Listing Courtesy of Marcus & Millichap
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Based on information from CRISNet MLS as of at the data was obtained. 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.