4405 Ventura Canyon Avenue Sherman Oaks (los Angeles), CA 91423

This 4-unit apartment building is located at 4405 Ventura Canyon Avenue Sherman Oaks, CA 91423. The building was constructed in 1964 and has three large units with townhouse-style layout. This property offers on-site laundry facilities and four tandems + 1 parking space. The unit mix is comprised of... one 1bedroom/1bathroom, one 2bedroom/2.5bathroom + den, one 2bedroom/2.5bathroom, and one 3bedroom/2.5bathroom totaling approximately 4,577 rentable square feet on approximately 5,788 square feet of land zoned LAR3. Furthermore, this fourplex recently had the roof completely replaced in 2019. A great unit mix coupled with good upside in potential rents make this fourplex an attractive opportunity for investors looking at prime locations in the San Fernando Valley. This Sherman Oaks fourplex is located at the corner of Moorpark Street and Ventura Canyon Boulevard, just one block North of Ventura Boulevard and only a short drive from the Sherman Oaks Galleria. Being so close to Ventura Boulevard gives this property great access to a dense array of bars, restaurants, shops and attractions. The property is well situated in the heart of Sherman Oaks and is closely to the 405/101 freeways. As well, the location allows easy access to the west side via Coldwater or Laurel Canyon. Continue reading