13550 Rye Street, Sherman Oaks, Los Angeles County, CA, 91423 Los Angeles CA US

USD 1599900 For Sale
MLS: SR23177634

Property Details

Bedrooms

10

Bathrooms

6

Neighborhood

Sherman Oaks

Property Type

MultiFamily

Description

We proudly introduce 13550 Rye St, Sherman oaks CA – A clean cut low maintenance investment property. This Apartment building has a great unit mix with 6 units comprised of (4) 2 Beds + 1 Baths & (2) 1 bed + 1 baths. Total building square feet are 4,186 sqft &, the lot size is 6,205 sqft. This property is cost effective with low monthly expenses with no gardener expenses necessary, separately metered for electricity and gas & overall low maintenance characteristics. The Laundry is owner owned and operated which makes roughly $160 per month for added income. The combined monthly income for the units is $8,733. The Sherman Oaks neighborhood is known for its high-end residential atmosphere with an affluent resident population, many entertainment options on Ventura Blvd, chic restaurants & lively night life. This building is close to high end shopping malls, entertainment centers, & the 101 & 405 freeways which make it a hot spot for renter desirability. Enjoy low vacancy rates & a long lasting income stream for generations. Find out more about this property. Request details here

Location

Address

13550 Rye Street, Sherman Oaks, California 91423, United States

City

Sherman Oaks

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Real Estate Broker
Steve Nakachian
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