$6,995,000
For Sale

4421 Murietta Avenue

Sherman Oaks, CA 91423
19660 sqft | 40 beds | 0.57 acres | #24462691
Listing OfficeRemax Commercial and Investment Realty
Browse 15 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

4421-4427 Murietta Avenue, commonly known as the Santorini Villas, is a prestigious opportunity to acquire a quintessential value-add property situated in one of the best rental locations in prime Sherman Oaks. The beautiful open courtyard property boasts an ideal unit mix consisting of all large 1 and 2-bedroom units. Each of the units is spacious, has a terrific floor plan, and offers an abundance of natural light. Built in 1955, the property is an ideal mid-century gem ideally positioned just steps from vibrant Ventura Blvd. The Santorini Villas feature a unit mix of (16) 2-bedroom, 1-bathroom units and (8) 1-bedroom, 1-bathroom units. Interiors have hardwood floors (select units), spacious kitchens/bedrooms/bathrooms, and are separately metered for gas and electricity. Other property features include a well landscaped courtyard, a large sparkling pool, copper plumbing, an intercom entrance, a pitched roof, and ample on-site parking which is exempt from soft story retrofit (Buyer to verify). Close to some of the Valley's best dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$6,995,000
      • MLS #24462691
      • MLS #24462691
      • Cost6995000
      • Acres0.5682
      • Square Feet19660
      • Year Built1955
      • Bedrooms40
      • Stories2

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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