15
See all 15 photos
$3,360,000
Est. payment /mo
16 Beds
14 Baths
10,960 SqFt
New
13453 Moorpark ST Sherman Oaks, CA 91423
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 10,960 sqft
Price per Sqft $306
MLS Listing ID 25556717
Bedrooms 16
HOA Y/N No
Year Built 1956
Lot Size 0.281 Acres
Property Description
13453 & 13259 Moorpark Street , twelve (12) total units consisting of side by side six (6) unit properties on separate parcel numbers in prime Sherman Oaks that can be purchased together or individually. Originally built in 1956, this offering consists of a highly desirable mix of eight 1+1, two2+1 and two 2+21.5 units. The structures are two stories that total approximately10,960 SF. The courtyard style apartments surround a courtyard with beautiful manicured gardens. There is a covered car port behind the building that can accommodate 12 cars with a fenced in deck above it for tenants to enjoy. Interiors feature a combination of real wood, wood laminate & tile floors along with some granite counters and well preserved original tile countertops. Units feature large closets, charming and useful original built in cabinets that adorn units built in the 50's. A Buyer may elect to assume the current Chase loan balance of $1,391,639.50 ( as of June 1). The interest rate is fixed until July of 2029 at 4.01%. With all units currently occupied, this property presents an excellent value-add opportunity offering potential for growth and appreciation for years to come. There is 20% rental upside and an on-site laundry room that provides additional income. The property is located on Moorpark Street between Woodman and Fulton close to the boarder of Studio City in council district four CD(4). Tenants are just steps steps away the restaurants and shopping on Ventura Boulevard in Sherman Oaks /Studio City.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LAR3
Interior
Heating Wall Furnace
Flooring Tile
Fireplace No
Exterior
Parking Features Detached Carport, Deck
Carport Spaces 12
Roof Type Composition,Shingle
Total Parking Spaces 12
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2360014017
Financing Assumed,Cash
Special Listing Condition Standard
Listed by Joshua Luchs Kidder Mathews of California, Inc.