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13444 Burbank Blvd
Van Nuys, CA 91401 Sherman Oaks

$1,580,000 USD

Apartments For Sale  •  3,748 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,748 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1957
  • Zoning LAR3
50 Transit Score
60 Walk Score

Highlights

Owner-User Front Unit with House-Like Appeal — The front unit offers a rare residential feel, featuring a private front yard.
Significant Rental Upside — Current annual income is approximately $131,916, with projected market income of approximately $178,500.
Attractive Current and Market Yield — The property is offered at a 5.50% current cap rate with the ability to reach an estimated 8.36% market cap rate
Low Price Per Unit — At approximately $225,714 per unit, the offering provides investors with an attractive entry point in a highly connected Sherman
Proven Capital Improvements in Place — Copper plumbing has been upgraded throughout the property, and three units have been fully renovated.
Positioned along Burbank Blvd, the property offers convenient access to Sherman Oaks, Van Nuys, Valley Village, Studio City, and Ventura Boulevard.

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Microwave
  • Tenant Controlled HVAC
  • Heating
  • Refrigerator
  • Range
  • Tub/Shower
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.4 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 5.8 mi
AirportDriveWalkDistance
Bob Hope 14 min - 5.8 mi
Los Angeles International 31 min - 20.9 mi
Long Beach (Daugherty Field) 50 min - 38.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Covered
Included in Rent: Yes
Eli Appel 424-416-3307 Equity Union Commercial
Eli Appel 424-416-3307 Equity Union Commercial