Multifamily

15045 Burbank Blvd

15045 Burbank Blvd, Sherman Oaks, CA 91411

Listing Price: $1,595,000

Cap Rate
3.87%
Number of Units
6
GRM
15.93
Occupancy
97.00%
Price/Unit
$265,833
Price/Gross SF
$407.72
Gross SF
3,912

Investment Overview

Marcus & Millichap presents a desirable 6-unit apartment building located in Sherman Oaks located on Burbank Boulevard, close to Sepulveda Boulevard. This Multi-Family asset does not require any seismic retrofit and has 100% rent collection. It was constructed in 1958 with a desirable unit mix of two 2-bedroom/ 1-bath and four 1-bedroom/1-bath units.

This asset offers residents easy access to 405 and 101 Freeways, and shopping and dining establishments located on Sepulveda Boulevard. Additionally, tenants enjoy close proximity to Woodley Park and Golf Course, Sepulveda Basin Recreation Area and Golf Course and Lake Balboa.

Investment Highlights

  • Desirable Asset located in Sherman Oaks close to Sepulveda Boulevard
  • No Seismic Retrofit Required
  • Six (6) Units with Strong Current Income and 100% Rent Collection
  • Unit Mix Consists of Two Two-Bed/One-Bath and Four One-Bed/One-Bath Apartments

Exclusively Listed By

Listing Price: $1,595,000

Cap Rate
3.87%
Number of Units
6
GRM
15.93
Occupancy
97.00%
Price/Unit
$265,833
Price/Gross SF
$407.72
Gross SF
3,912

Investment Highlights

  • Desirable Asset located in Sherman Oaks close to Sepulveda Boulevard
  • No Seismic Retrofit Required
  • Six (6) Units with Strong Current Income and 100% Rent Collection
  • Unit Mix Consists of Two Two-Bed/One-Bath and Four One-Bed/One-Bath Apartments

Investment Overview

Marcus & Millichap presents a desirable 6-unit apartment building located in Sherman Oaks located on Burbank Boulevard, close to Sepulveda Boulevard. This Multi-Family asset does not require any seismic retrofit and has 100% rent collection. It was constructed in 1958 with a desirable unit mix of two 2-bedroom/ 1-bath and four 1-bedroom/1-bath units.

This asset offers residents easy access to 405 and 101 Freeways, and shopping and dining establishments located on Sepulveda Boulevard. Additionally, tenants enjoy close proximity to Woodley Park and Golf Course, Sepulveda Basin Recreation Area and Golf Course and Lake Balboa.

Exclusively Listed By

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