Thank you
Laura Klein
KRE + Associates
310-459-7765
4916 Hazeltine Ave, in the highly sought-after neighborhood of Sherman Oaks, presents a fantastic income opportunity with its 100% occupied, eight-unit building. With its ASSUMABLE FINANCING AT 3.51%, spacious 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 appreciate 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.
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Total Bedrooms : 14
Total Baths: 10
Full Baths: 0
Half Baths: 0
Property Appliances: Disposal,Refrigerator
Wall Furnace
Has Heating
Year Built: 1958
Building Area Total: 7,068
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1816
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7911
Original List Price: 2,500,000
Listing Contract Date: 2024-03-27
Listing Agreement: Seller Reserved
Parcel Number: 2269015005
Garage Description: Attached Carport
Attached Garage: Yes
Lease Term: Negotiable
Tenant Pays: Cable TV,Electricity,Gas
Source Listing Status: Active
Source Neighborhood: SO - Sherman Oaks
Postal Code Plus 4: 1168
Directions: On Hazeltine Ave between Huston St and Hartsook St
Zoning: LAR3
Source Property Type: Residential Income
Area: SO - Sherman Oaks
Property Age: 66
Year Built Source: Vendor Enhanced
Total Square Feet Living: 7068
Entry Location: Ground Level - no steps
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3555 Camino De La Cumbre, Sherman Oaks, CA,91423 | $328,000 | -- | -- | -- | -- |
3724 N Knobhill Drive, Sherman Oaks, CA,91423 | $239,000 | -- | -- | -- | 10864 Sqft |
3732 N Knobhill Drive, Sherman Oaks, CA,91423 | $224,999 | -- | -- | -- | 13455 Sqft |
Camino De La Cumbre, Sherman Oaks, CA,91423 | $165,000 | -- | -- | -- | 146841 Sqft |
3841 Oakfield, Sherman Oaks, CA,91423 | $150,000 | -- | -- | -- | 17498 Sqft |
4523 Katherine Avenue, Sherman Oaks, CA,91423 | $1,300,000 | 3 | 1 | 1,026 | 6750 Sqft |
3923 Deer Avenue, Sherman Oaks, CA,91423 | $199,000 | -- | -- | -- | 17102 Sqft |
3620 Beverly Glen Boule.., Sherman Oaks, CA,91423 | $1,395,000 | 4 | 2 | 1,967 | 8500 Sqft |
14159 Dickens Street #110, Sherman Oaks, CA,91423 | $739,000 | 1 | 2 | 1,212 | 28167 Sqft |
13535 Rand Drive, Sherman Oaks, CA,91423 | $1,850,000 | 4 | 3 | 2,749 | 5691 Sqft |
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ByOwner last updated this listing 05/17/2024 @ 09:19
MLS: 24373617
LISTED BY: Laura Klein, KRE + Associates
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.