13444 Burbank Boulevard
Sherman Oaks, CA 91401
Listing provided courtesy of: Marcus & Millichap
Property Description
Situated one block from Los Angeles Valley College, the property allows an investor to tap into a high-demand rental pocket while benefiting from the demographics in one of the most desirable neighborhoods within Los Angeles. The property's seismic retrofit repairs have already been completed (Buyer to verify), so a new owner is saved from an otherwise expensive capital expenditure while simultaneously benefiting from monthly passthrough payments. Plumbing at the property has already been upgraded with copper pipes, helping to reduce both maintenance and utility costs for the new owner. Just within the past three years, three of the units have been renovated with upgraded flooring, countertops, windows, and light fixtures. This helps to provide a blueprint for a new investor to remodel the remaining units, which may help recapture the 30% rent upside. Located near the intersection of Woodman Avenue and Burbank Boulevard, the property offers high visibility along one of the San Fernando Valley's main thoroughfares. The Westfield Fashion Square is just 1.3 miles away, while the high-end boutiques and fine dining destinations along Ventura Boulevard are only two miles south. Residents in the area can shop at the numerous grocery stores nearby, notably Erewhon, Whole Foods Market, and Trader Joe's.
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Features:
Assigned
| Price: | $1,695,000 |
| Beds: | 5 |
| Baths: | 9 |
| Interior (SQFT): | 3,748 |
| Lot Size (SQFT): | 5,663 |
| Property Type: | Residential Income |
| Year Built: | 1957 |
Listing provided courtesy of: Marcus & Millichap. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 05/16/2025 11:33:37
