Sherman Oaks, CA 91423,4916 Hazeltine AVE
Sherman Oaks, CA 91423,4916 Hazeltine AVE
Sherman Oaks, CA 91423,4916 Hazeltine AVE
Sherman Oaks, CA 91423,4916 Hazeltine AVE
Sherman Oaks, CA 91423,4916 Hazeltine AVE
Sherman Oaks, CA 91423,4916 Hazeltine AVE
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$2,400,000

$2,500,000

4.0%
Est.Price: ?

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Est. payment /mo

14 Beds

10 Baths

7,068 SqFt


SOLD DATE : 07/09/2024

Key Details

Sold Price $2,400,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,068 sqft

Price per Sqft $339

MLS Listing ID 24373617

Sold Date 07/09/24

Bedrooms 14

HOA Y/N No

Year Built 1958

Lot Size 7,910 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Appliance Disposal, Refrigerator

Laundry Common Area

Exterior

Garage Attached Carport

Pool None

Parking Type Attached Carport

Attached Garage Yes

Total Parking Spaces 8

Private Pool No

Building

Entry Level Two

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2269015005

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Laura Klein • KRE + Associates
Bought with Anthony Walker • Buckingham Investments, Inc
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