Back on Market! Prime Valley Glen! Sherman Oaks adjacent is where this two-story 4 unit apartment building is now on the market for the first time in over 45 years. An excellent mix of very large 2-two-bedroom, two bath units & 2-two bedroom one & half bath units in a charming gated courtyard style setting with a beautiful landscaped front yard. The units are very large totaling approx. 3,878 square feet. There is a detached secondary building for laundry with its own water heater along with a gated covered parking area for 4 cars w/ lots of storage for each unit plus a separate storage room in the rear. Three of the units have been remodeled and the other needs some updating but is very charming with wood floors under the carpeting. The two full bath units are extremely large and have an eat in kitchen area. There are window A/C units in each unit & wall heaters as well w/ individual water heaters. All the units are separately metered. Very rarely do you see properties of this size and unit mix come on the market in such a good location, so don’t wait too long to make an offer, or it will be sold as it is priced to sell. Rents are approx. 20%-25% under market for similar sized units. This is a great opportunity for an investor and perfect for an owner/user as one top floor unit is being kept vacant for the new owner to rent or occupy. The property just passed inspection from the city of Los Angeles Housing Community. Gross income does not reflect any income from laundry.
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