Apartments For Sale • 4,618 SF
| Rare 6.22% In-Place CAP Rate in Desirable Sherman Oaks |
| Attractive GRM, CAP Rate, Price per Unit, and Price per Square Foot Relative to Similar Recent Closings |
| Not on LADBS Seismic Retrofit List (Buyer to Verify) |
| Storage Units Provide Additional $1,000 per Month in Supplemental Income |
| High Barrier to Homeownership – Median Home Value in Sherman Oaks is $1,215,058, Forcing More Residents into Apartment Rentals |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 7 min | - | 3.0 mi |
| Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 16 min | - | 6.9 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 16 min | - | 6.9 mi |
| Los Angeles International | 29 min | - | 19.8 mi |
| Long Beach (Daugherty Field) | 48 min | - | 37.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |