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Listed by Jonathan Taksa - DRE #01366169 - Remax Commercial and Investment Realty 213-817-1000

$6,995,000

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4421 Murietta Avenue Sherman Oaks, CA 91423

Cluster Residence

40 Beds

24 Baths

19,660 Sq. Ft.

0.57 Acre Lot

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Last updated on 11/15/2024 3:45 PM

Listing Details

4421-4427 Murietta Avenue, commonly known as the Santorini Villas, is a prestigious opportunity to acquire a quintessential value-add property situated in one of the best rental locations in prime Sherman Oaks. The beautiful open courtyard property boasts an ideal unit mix consisting of all large 1 ...and 2-bedroom units. Each of the units is spacious, has a terrific floor plan, and offers an abundance of natural light. Built in 1955, the property is an ideal mid-century gem ideally positioned just steps from vibrant Ventura Blvd. The Santorini Villas feature a unit mix of (16) 2-bedroom, 1-bathroom units and (8) 1-bedroom, 1-bathroom units. Interiors have hardwood floors (select units), spacious kitchens/bedrooms/bathrooms, and are separately metered for gas and electricity. Other property features include a well landscaped courtyard, a large sparkling pool, copper plumbing, an intercom entrance, a pitched roof, and ample on-site parking which is exempt from soft story retrofit (Buyer to verify). Close to some of the Valley's best dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles. Continue reading

MLS#

24462691

Property Type

Cluster

Status

Bedrooms

Bathrooms

Year Built

1955

Square Feet

19,660 sq. ft

Lot Size