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4323-4329 Van Nuys Blvd

10 Unit Block of Flats £4,004,346 (£400,435/Unit) Sherman Oaks, CA 91403

Executive Summary

Trophy location. corner property with an alley . Walk to all restaurants, shops and Sherman Oaks village .This is a great opportunity for builders/contractors/investors to acquire this unentitled RD1.5 Zoning development site in the densely populated Sherman Oaks neighborhood.
This property is situated within the Transit Oriented Communities (TOC) Tier 2. Buyer to verify zoning, incentives if any, and applicable requirements to renovate or develop the property with the appropriate city jurisdiction.
Existing 2 five unit buildings on two separate lots , Existing income
lot size 11,9852 sq.ft.
Living sq. ft 9,820 sq.ft
4323 Van Nuys blvd. ( APN # 2276014002) consists of (1) single story 3 br, 2 bath house , (2 ) two br ,1 bath & ( 2) one br,1 bath units .
4329 Van Nuys blvd . ( APN # 2276014001) consists of (1 ) 2 Br +den , 1 bath owner's unit and ( 2) two br ,1 bath & (2 ) one br. 1 bath units.
A unique Buy & hold or development opportunity for investors and builders in prime area of Sherman Oaks South of Ventura Blvd.
Asking price $4,975,000

Property Facts

Price £4,004,346
Price Per Unit £400,435
Sale Type Investment
No. Units 10
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.28 AC
Building Size 9,820 SF
Average Occupancy 100%
Number of Floors 2
Year Built/Renovated 1933/1975
Parking Ratio 1.83/1,000 SF

Unit Amenities

  • Air Conditioning
  • Washer/Dryer

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 3 - 600
2+2 6 - 800
3+2 1 - 1,482
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2276-014-002
  • 2276-014-001
Land Assessment
£2,447,800
Improvements Assessment
£1,355,443
Total Assessment
£3,803,243

zoning

Zoning Code LARD1.5 (Trophy location .Corner of Dickens and Van Nuys blvd. Current zoning is RD1.5 and located in the Transit community community ( TOC) TIER 2 .)
LARD1.5 (Trophy location .Corner of Dickens and Van Nuys blvd. Current zoning is RD1.5 and located in the Transit community community ( TOC) TIER 2 .)
  • Listing ID: 34344976

  • Date on Market: 02/01/2025

  • Last Updated:

  • Address: 4323-4329 Van Nuys Blvd, Sherman Oaks, CA 91403

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