Skip to main content

Multifamily

5707 Tilden Ave

5707 Tilden Ave, Van Nuys, CA 91401

Listing Price: $1,595,000

Cap Rate
6.37%
Number of Units
6
GRM
10.55
Occupancy
83.0%
Price/Unit
$265,833
Price/Gross SF
$345.39
Gross SF
4,618

Investment Overview

Hard-to-Find asset in the desirable Sherman Oaks area of San Fernando Valley. Property features strong current rents and low operating expenses. Seismic Retrofit not required.

Great unit mix of Two 2Bed/2Bath and Four 1Bed/1Bath units. Easy access to financial, entertainment, and shopping establishments of the Westside, Los Angeles, Burbank, Glendale via multiple freeways and bus lines. Approved Architectural Plans and Permits for addition of 2 ADU apartments.

Investment Highlights

  • Much Desired Sherman Oaks Location
  • Hard-to-Find 6.37% Current Cap Rate
  • Strong in-place rents; Extra storage Income Low utility expenses
  • Trash Service provided by the City of Los Angeles at no cost to owner
  • All units have individual water heaters
  • Seismic retrofit not required
  • Approved Architectural Plans and Permits for addition of 2 ADU apartments
  • Quiet tree-lined street

Exclusively Listed By

Financing By

Multifamily

5707 Tilden Ave

Listing Price: $1,595,000

Cap Rate
6.37%
Number of Units
6
GRM
10.55
Occupancy
83.0%
Price/Unit
$265,833
Price/Gross SF
$345.39
Gross SF
4,618

Investment Highlights

  • Much Desired Sherman Oaks Location
  • Hard-to-Find 6.37% Current Cap Rate
  • Strong in-place rents; Extra storage Income Low utility expenses
  • Trash Service provided by the City of Los Angeles at no cost to owner
  • All units have individual water heaters
  • Seismic retrofit not required
  • Approved Architectural Plans and Permits for addition of 2 ADU apartments
  • Quiet tree-lined street

Investment Overview

Hard-to-Find asset in the desirable Sherman Oaks area of San Fernando Valley. Property features strong current rents and low operating expenses. Seismic Retrofit not required. Great unit mix of Two 2Bed/2Bath and Four 1Bed/1Bath units. Easy access to financial, entertainment, and shopping establishments of the Westside, Los Angeles, Burbank, Glendale via multiple freeways and bus lines. Approved Architectural Plans and Permits for addition of 2 ADU apartments.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower