5344 Circle Dr, Sherman Oaks, CA 91401

$12,900,000
41
BD
80
BA
29,346
SqFt
List Price
$12,900,000
MLS#
23-232011
Year Built
1983
Bedrooms
41
Bathrooms
80
Living Sq. Ft
29,346
Lot Size
27,876
Days on Market
25
Property Type
Multifamily
Stories
3

Property Description

We are pleased to present a rare opportunity to own a larger, well-located asset that that is not subject to LA City Rent Control (Only subject to CA Rent Control, AB 1482). The property has been in the same family over 35 years and presents an excellent value-add opportunity. The property has a unique unit mix of almost all One Bedroom/One and a Half bath Townhouse Style units that feature fireplaces in the living room and the upstairs bedroom. All units feature Central A/C & Heat, dishwasher and a spacious walk-in closet. The property also has a pool, nicely landscaped entrance,intercom entry, on-site laundry and gated subterranean parking (61 Spaces). ***Currently, there are 7 vacant units, one of which is rent ready. The other 6 vacant units are not rent ready and need to be rehabbed. Please contact list agent for details and photos***

Additional Information

Other Buildings
None
Heat
Central
Cooling
Central
Number of Cars in Garage
Subterranean, Gated

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of , Brett Sanson - CA DRE#

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