14550 Burbank Blvd
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14550 Burbank Blvd
6 Unit Block of Flats £3,120,539 (£520,090/Unit) Sherman Oaks, CA 91411
Investment Highlights
- Subterranean parking - 10 spaces
- Excellent unit mix: two 3 Bed/2 Bath, two 2 Bed/2Bath and two 1 Bed/2Bath
- One of the three bedroom unit is ADA compliant with an elevator
- All 2-story units with washer and dryer hookups
- Balconies in each unit
- Spacious units with lots of natural light
Executive Summary
Presenting a fantastic investment opportunity in the heart of Sherman Oaks—a charming 6-unit apartment building with impressive revenue potential! This well-maintained, two-story property generates a robust gross income of $220,200 annually, offering an attractive cash flow for savvy investors. With 6,626 square feet of space, this building includes an underground parking garage with 10 parking spots, ensuring convenience and added value for tenants. A shared common area behind the building provides a cozy outdoor retreat for residents. Ideal for investors looking to capitalize on a strong income stream in a prime location, this property combines practicality and opportunity in one of Sherman Oaks' most desirable neighborhoods.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
- Washer/Dryer Hookup
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2.5 | 2 | £2,429 | 950 |
| 1+1.5 | 2 | £2,094 | 800 |
| 3+2.5 | 1 | £2,726 | 1,350 |
| 3+3 | 1 | £2,607 | 1,350 |
1 of 1
Walk Score ®
Very Walkable (81)
zoning
| Zoning Code | LAR3 |
| LAR3 |
-
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14550 Burbank Blvd
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