14525-31 Albers St
Well-located multifamily asset in a desirable Sherman Oaks neighborhood
Total of two (2) attached storage garages allowing for additional income.
Great Access to the Sepulveda Basin Wildlife Reserve & Recreation Area!
Recently completed a successful Balcony/Patio upgrade in compliance with LADBS ordinance.
Located in an infill submarket with limited new multifamily supply
Strong surrounding rental market supported by employment, lifestyle amenities, and freeway access
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $2,695,000 |
| No. of Units: | 12 |
| Cap Rate: | 5.7% |
| GRM /GIM: | 11.84 |
| Building Size: | 7,061 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $224,583 |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1085 Lewis Avenue
Long Beach, California
420 N Batavia St
Orange, California
1720 Petaluma Ave
Long Beach, CaliforniaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout