$2,500,000

4916 Hazeltine Avenue, Sherman Oaks 91423

6

Beds

4

Baths

7,068

Square feet

7,911

Lot Size

8

# Of Units

Listing Agent
Laura Klein - KRE + Associates

4916 Hazeltine Ave, in the highly sought-after neighborhood of Sherman Oaks, presents a fantastic income opportunity with its 100% occupied, eight-unit building. With its ASSUMABLE FINANCING AT 3.51%, spacious 7,068 square footage building situated on a generous 7,908 square foot lot, this investment offers both size and potential. The prime Sherman Oaks location further enhances its appeal, providing easy access to all the amenities and attractions the area offers. Featuring a well-balanced apartment mix, including (2) three-bedroom units, (2) two-bedroom units, and (4) one-bedroom units, this property caters to a diverse range of tenants, ensuring stable and consistent rental income. Sherman Oaks is renowned for its tranquil suburban atmosphere, making it an ideal setting. The neighborhood's proximity to major studios further adds to its allure, attracting residents working in the thriving movie and TV industry. Residents of Sherman Oaks benefit from an array of upscale shopping options, including the nearby Westfield Mall and Sherman Oaks Galleria, along with a variety of local restaurants and boutiques. Outdoor enthusiasts will appreciate the abundance of parks, including the popular Van Nuys-Sherman Oaks Park, providing ample opportunities for leisure and recreation. Convenient access to major transportation lines such as the 101 and 405 freeways ensures seamless connectivity to surrounding areas, further enhancing its desirability as a place to live. Overall, 4916 Hazeltine Ave presents an enticing opportunity for investors looking to capitalize on the stability and potential of the Sherman Oaks real estate market.

Facts & Features

MLS® # 24373617
Price $2,500,000
Bedrooms 6
Bathrooms 4.00
Square Footage 7,068
Lot Size 7,911
Year Built 1958
Type Residential Income
Style Traditional
Status Active
# Of Units 8

Community Information

Address 4916 Hazeltine Avenue
Area SO - Sherman Oaks
City Sherman Oaks
County Los Angeles
Zip Code 91423

Amenities

Parking Spaces 8
Parking Attached Carport
Garages Attached Carport
Is Waterfront No
Has Pool No
Pool None

Interior

Appliances Disposal, Refrigerator
Heating Wall Furnace
Has Basement No
Fireplace No
Stories Two

Additional Information

Date Listed March 27th, 2024
Days on Market 45
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentLaura Klein
OfficeKRE + Associates

Listing Map

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