Multifamily
5170 Columbus Ave
5170 Columbus Ave, Sherman Oaks, CA 91403
Listing Price: $2,290,000
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
Listing Price: $2,290,000
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.