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5542 Hazeltine Ave

Sherman Oaks, CA 91401
  • $2,000,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 22-155755
UPDATED: 104 min ago
$2,000,000
  • 7
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,661
    SQFT
  • $546
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:
Area:

School Ratings & Info

Description

We are pleased to offer this six unit investment opportunity, located in the City of Sherman Oaks. The unit mix consists of one 1+1 unit, four 1+1 w/ Loft units, and one 2+1 SFR. The investment consists of approximately 3,661 of rentable square feet and is situated on an approximately 5,253 square foot parcel. Recent property upgrades include, new exterior lighting, new exterior paint, new exterior building and unit numbers, new parking gates, new surveillance system, and five of the units bein recently renovated. The building amenities include on-site parking for six cars and the property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is not subject to the Los Angeles Soft-Story Retrofit Program.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/128599200
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5542 Hazeltine Ave Sherman Oaks, CA 91401

  • Price: $2,000,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 104 min ago
  • MLS #: 22-155755
7
Beds
0
Baths
0
½ Baths
N/A
Acres
3,661
SQFT
$546
$/SQFT
1941
Built
Neighborhood:
Sherman Oaks
County:
Los Angeles
Area:
Sherman Oaks
Property Description
We are pleased to offer this six unit investment opportunity, located in the City of Sherman Oaks. The unit mix consists of one 1+1 unit, four 1+1 w/ Loft units, and one 2+1 SFR. The investment consists of approximately 3,661 of rentable square feet and is situated on an approximately 5,253 square foot parcel. Recent property upgrades include, new exterior lighting, new exterior paint, new exterior building and unit numbers, new parking gates, new surveillance system, and five of the units bein recently renovated. The building amenities include on-site parking for six cars and the property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is not subject to the Los Angeles Soft-Story Retrofit Program.
Exterior Features

Lot Size Area 5253 Other Structures None Parking Garage Garage - 4+ Car Total Parking 6

Interior Features

Baths Total 6.00 Cooling Ceiling Fan Equipment None Heating Wall Gas

Property Features

Gross Income 121663 Gross Operating Income 119230 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 82467.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 36763 Type Of Units Income Year Built Source Vendor Enhanced Zoning Lar1

Listing provided courtesy of Griffin White DRE#02031785 of Brc Advisors- Bh.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210