$2500000 Price Analysis   ♡   Sherman Oaks, CA 91423 14 bed 10 bath 7068 SqFt ($353/SqFt) 7911SqFt lot. Built 1958 Listed 2024-03-28, Taxes $24995 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
4916 Hazeltine Ave
* No Longer For Sale *
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In the highly sought-after neighborhood of Sherman Oaks, presents a fantastic income opportunity wth its 100% occupied, eight-unit building. With its ASSUMABLE FINANCING AT 3.51%, sizeable 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 app reciate 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.
Presented by Laura Klein at
KRE + Associates.
Property MLS #24-373617 from TheMLSCLAW
Full Bathrooms: 10
Laundry Features: Community
Heating Features: Wall
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7911
Parking Total: 8
Calculated Total Monthly Association Fees: 0
Number of Units: 8
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2095, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2495, 3 BedsTotal: 3, 3 BathsTotal: 2, 3 SquareFeet: 3315
Tenant Pays: Electric, Cable TV, Gas
Vacancy Allowance: 5519
County: Los Angeles
Cap Rate: 5.1
Directions: On Hazeltine Ave between Huston St and Hartsook St
Source Property Type: Residential Income
Area: Sherman Oaks
Source Neighborhood: Sherman Oaks
Owner Pays: Gardener, Water
Parcel Number: 2269-015-005
Postal Code Plus 4: 1168
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1013611 + $1019274 $2032885 | $24995 |
| 2021 | $993737 + $999289 $1993026 | $24670 |
| 2020 | $983548 + $989043 $1972591 | $24913 |
| 2019 | $964263 + $969650 $1933913 | $23950 |
| 2018 | $945356 + $950638 $1895994 | $23769 |
| 2017 | $926820 + $931999 $1858819 | $23219 |
| 2016 | $908648 + $913725 $1822373 | $22657 |
| 2015 | $876089 + $591647 $1467736 | $18432 |
| 2014 | $834756 + $556504 $1391260 | $17951 |
| 2013 | $830984 + $553989 $1384973 | $17942 |
| 2012 | $645000 + $430000 $1075000 | $14599 |
| 2010 | $797864 + $533331 $1331195 | $17714 |
| 2009 | $793783 + $530604 $1324387 | $17080 |
| 2009 | $791901 + $529346 $1321247 | $17080 |
| 2008 | $778219 + $520200 $1298419 | $16366 |
| 2007 | $762960 + $510000 $1272960 | $15825 |
$2400000
TheMLSCLAW
Listed 2024-03-28
$2500000
TheMLSCLAW
Sold 2015-02-13
$1795000
Public Record
Listing removed 2014-05-09
$2100
WestsideRentals
Listed for rent 2014-04-19
$2100
WestsideRentals
Sold 2005-09-14
$1600000
CRISNET
Sold 2004-12-17
$1095000
Public Record
Year Built: 1958
Entry Location: Ground Level - no steps
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 66
House Style: Traditional
Year Built Source: Vendor Enhanced
Architectural Style: Traditional
Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.