13444 Moorpark Street Sherman Oaks (los Angeles), CA 91423

13444 Moorpark Street sits on an 11,954-square-foot parcel and features a two-story garden-style building above a semi-subterranean parking garage. The property totals approximately 13,682 gross square feet and offers a unit mix of 11 one-bedroom, one-bathroom units and 5 two-bedroom, two-bathroom u...nits. The building includes underutilized interior courtyards, in-unit fireplaces, and private balconies or patios for each unit. In-place rents reflect a ~14% loss-to-lease, with the potential to achieve market rents through the implementation of an interior and exterior improvement plan. Continue reading