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4742 Sepulveda Boulevard, Sherman Oaks, CA 91403
$10,275,000
4742 Sepulveda Boulevard, Sherman Oaks, CA 91403View this property at 4742 Sepulveda Boulevard, Sherman Oaks, CA 91403
4742 Sepulveda BoulevardSherman OaksCA91403
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Property Description
4742 Sepulveda Boulevard, a 19-unit turnkey property that can be delivered with two ADU's ready to rent. Constructed in 2014, this well-maintained trophy asset offers ease of management with 100% rent collection throughout COVID and a 4% cash on cash return starting on day one. Situated just north of Ventura Boulevard, the subject property is located near numerous offices, crowd-favorite restaurants and shopping centers. The 26,450 SF four-story building sits on a 15,276 SF lot, and is comprised of (18) two-bedroom units and (3) studios. The two-bedroom units average approx. 1,200 SF and studio units average approx. 620 SF. Each condo-quality unit features wood/tile flooring, stainless steel appliances, granite countertops, washer/dryer and balcony (only for two-bedrooms). Property amenities include secured entry, elevator, several well-maintained community courtyards, spacious rooftop deck with panoramic views of the San Fernando Valley and approx. 36 parking spots in a gated subterranean garage. With strong in-place tenant profiles and a Class-A location in the heart of the San Fernando Valley, 4742 Sepulveda Boulevard presents the perfect long-term opportunity for any type of investor. Property is subject to LA Rent Stabilization Ordinance.
Full Property Details
Full Property Details for 4742 Sepulveda Blvd
General
- Sold For: $10,275,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 21-695318
- Added to Site: 1, 161 day(s) ago
Interior
- Appliances: Dishwasher, Microwave, Refrigerator
- Flooring: Wood, Tile
Rooms
Other Rooms
- Laundry: Washer Included, Dryer Included
Parking
- Parking Features: Subterranean, Gated
- Parking: Subterranean, Gated
Location
- Area: SO - Sherman Oaks
- County: Los Angeles
- Development Name: SO - Sherman Oaks
- Driving Directions: The property is located along Sepulveda Boulevard, between Moorpark Street and Camarillo Street.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Square Feet: 26,450
- Year Built: 2014
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 3
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 7
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 8
- Number of Units: 3
- Total Bathrooms: 2
- Bedrooms: 2
Unit 9
- Number of Units: 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 10
- Total Bathrooms: 2
- Bedrooms: 2
Unit 11
- Total Bathrooms: 2
- Bedrooms: 2
Unit 12
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.34
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $388.47
Listed and Sold by Compass, Max Berger
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Schools
Schools serving 4742 Sepulveda Blvd
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
14755 Greenleaf St, Sherman Oaks, CA 91403 | K-5 | 0.7 mi | |
5435 Vesper Ave, Van Nuys, CA 91411 | 6-8 | 1.2 mi | |
6535 Cedros Ave, Van Nuys, CA 91411 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4742 Sepulveda Blvd
Date
Details
Price
Change
Source
8/17/2021
Sold
$10,275,000
-3.07%
MLS
4/26/2021
Price Reduced
$10,600,000
-3.85%
MLS
2/19/2021
Listed
$11,025,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4742 Sepulveda Boulevard, Sherman Oaks, CA 91403 (MLS# 21-695318) is a Multi-Family property that was sold at $10,275,000 on August 17, 2021. Want to learn more about 4742 Sepulveda Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Sherman Oaks? You can browse all Sherman Oaks real estate or contact a Coldwell Banker agent to request more information.