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Multifamily

5170 Columbus Ave

5170 Columbus Ave, Sherman Oaks, CA 91403

Listing Price: $2,290,000

Cap Rate
4.25%
Number of Units
8
GRM
14.81
Occupancy
97.0%
Price/Unit
$286,250
Price/Gross SF
$475.01
Gross SF
4,821

Investment Overview

We are proud to present this 8-unit apartment building in an excellent Sherman Oaks location. The property was originally built in 1956,four units were added in 1987 and then in 2024, a Studio ADU was added for a total of 8 units. This property is subject to the LA City Rent Control. There is an excellent unit mix that includes Two Two-Bedroom/Two-Bath Units and Four One-Bedroom/One-Bath Units, One
Studio and One Studio ADU.

The property is minutes from the endless dining, shopping, and entertainment options on Ventura Blvd. The Sherman Oaks Galleria is also a very short drive away. Access to the 101 and 405 Freeway’s is very close by, which provides easy access to the surrounding area and job opportunities.

This is a great opportunity to own a well located building on a corner lot with great features such enclosed garages, central A/C & Heat and spacious floorplans.

Investment Highlights

  • 8 Units in Excellent Sherman Oaks Location
  • Minutes to Ventura Blvd & Sherman Oaks Galleria
  • Some Nicely Renovated Units
  • Central A/C & Heat in all units except ADU
  • Great Unit mix of (2) 2 Bed/2 Bath, (4) 1 Bed/1 Bath Unit and (1) Studio and (1) Studio ADU
  • Not on LA City Soft Story Retrofit List
  • Four Single Garages and One Double Garage

Exclusively Listed By

Financing By

Multifamily

5170 Columbus Ave

Listing Price: $2,290,000

Cap Rate
4.25%
Number of Units
8
GRM
14.81
Occupancy
97.0%
Price/Unit
$286,250
Price/Gross SF
$475.01
Gross SF
4,821

Investment Highlights

  • 8 Units in Excellent Sherman Oaks Location
  • Minutes to Ventura Blvd & Sherman Oaks Galleria
  • Some Nicely Renovated Units
  • Central A/C & Heat in all units except ADU
  • Great Unit mix of (2) 2 Bed/2 Bath, (4) 1 Bed/1 Bath Unit and (1) Studio and (1) Studio ADU
  • Not on LA City Soft Story Retrofit List
  • Four Single Garages and One Double Garage

Investment Overview

We are proud to present this 8-unit apartment building in an excellent Sherman Oaks location. The property was originally built in 1956,four units were added in 1987 and then in 2024, a Studio ADU was added for a total of 8 units. This property is subject to the LA City Rent Control. There is an excellent unit mix that includes Two Two-Bedroom/Two-Bath Units and Four One-Bedroom/One-Bath Units, One Studio and One Studio ADU. The property is minutes from the endless dining, shopping, and entertainment options on Ventura Blvd. The Sherman Oaks Galleria is also a very short drive away. Access to the 101 and 405 Freeway’s is very close by, which provides easy access to the surrounding area and job opportunities. This is a great opportunity to own a well located building on a corner lot with great features such enclosed garages, central A/C & Heat and spacious floorplans.

Exclusively Listed By

Financing By

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