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
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