4850 Van Noord Ave

Sherman Oaks, CA, 91423

$3,599,000

$325 per ft²
$3,599,000
$325 per ft²
Active
Active
 - For Sale
beds
18 Beds
baths
12 Baths
carpenters-square
11,052 ft²
property_type
Multi-family
calendar
Built 1957
12 Units on 2 Parcels in Prime Sherman Oaks. Trophy location off Riverside Dr and Coldwater Canyon near the Whole Foods. This is an extremely rare opportunity to purchase a prized property owned by the same family for 20 years. A HUGE amount of money was invested into these buildings in the past few years. Two 6 unit buildings with very spacious six 1Br+1Ba apartments and six 2Br+2Ba apartments. The apartments on the 2nd floor have beautiful vaulted ceilings. One 1Br+1Ba unit is currently vacant. A total of 5 units have been remodeled with very high quality fixtures, finishes, custom tile. 12 open parking spaces in the rear, soft story retrofitting is completed, new roof on one building, and extensive electrical upgrades done on both buildings: new meters, main panels and sub panels. This is an excellent location in a very residential neighborhood with an extremely high barrier to entry. Close to Studio City, the new Shops at the Sportsman's Lodge (Equinox, Erewhon, Sugarfish, etc), Westfield Fashion Square Mall, Ventura Blvd, and so much more. This is an ideal addition to the discerning investor's portfolio.
MLS® ID:
23-236545
Listed:
1/26/23
Updated:
3/27/23

Interior Features

Kitchen Appliances
Gas
Kitchen Features
Stone Counters, Tile Counters
Total Bedrooms
18
Total Bathrooms
12
Laundry Description
Room
Floor Description
Mixed
Cooling
Window Unit(s)
Heating
Wall Gas

Exterior/Building Features

Lot Size
0.25 acres lot
Exterior Features
Stucco, None
Architectural Style
Mid-Century
Roof
Composition, Shingle
Sewer
In Connected and Paid

School Information

School District
Los Angeles Unified

Other Property Details

Garage
No
Parking
Assigned, Uncovered
Parking Total
12.0
View
Y
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
LARD1.5

Property History

Date
Event
Price
Value
2/16/23
Active Under Contract
-
-
3/9/23
Active
-
-

Courtesy of Equity Union, Dana Coronado,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor True Story Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/27/23

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