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Multifamily

14525-31 Albers St

14525-31 Albers Street, Sherman Oaks, CA 91411

Listing Price: $2,775,000

Cap Rate
5.50%
Number of Units
12
GRM
12.19
Price/Unit
$231,250
Price/Gross SF
$393.00
Gross SF
7,061

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 14525-31 Albers St, a 12-unit investment opportunity located in Sherman Oaks, CA 91411.

Investment Highlights

  • Well-located multifamily asset in a desirable Sherman Oaks neighborhood
  • Total of two (2) attached storage garages allowing for additional income.
  • Great Access to the Sepulveda Basin Wildlife Reserve & Recreation Area!
  • Recently completed a successful Balcony/Patio upgrade in compliance with LADBS ordinance.
  • Located in an infill submarket with limited new multifamily supply
  • Strong surrounding rental market supported by employment, lifestyle amenities, and freeway access

Exclusively Listed By

Multifamily

14525-31 Albers St

Listing Price: $2,775,000

Cap Rate
5.50%
Number of Units
12
GRM
12.19
Price/Unit
$231,250
Price/Gross SF
$393.00
Gross SF
7,061

Investment Highlights

  • Well-located multifamily asset in a desirable Sherman Oaks neighborhood
  • Total of two (2) attached storage garages allowing for additional income.
  • Great Access to the Sepulveda Basin Wildlife Reserve & Recreation Area!
  • Recently completed a successful Balcony/Patio upgrade in compliance with LADBS ordinance.
  • Located in an infill submarket with limited new multifamily supply
  • Strong surrounding rental market supported by employment, lifestyle amenities, and freeway access

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 14525-31 Albers St, a 12-unit investment opportunity located in Sherman Oaks, CA 91411.

Exclusively Listed By

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