4544 Colbath Ave, Sherman Oaks, CA 91423

4544 Colbath Ave, Sherman Oaks, CA 91423

Sherman Oaks, CA
$3,200,000

Property Description

Nestled in the vibrant heart of Sherman Oaks, this attractive 10-unit apartment building with secured entrance seamlessly combines timeless character with an enviable location. The property offers a delightful mix of one and two bedroom units, each boasting spacious layouts and an abundance of natural light. The inviting interiors radiate warmth and comfort, reflecting the long-standing charm of this well-established complex. Some apartments have laundry hookups inside the unit, other Tenants use the convenient laundry room. Tenants enjoy the sparkling pool with bespoke areas for entertaining and relaxing. The complex also offers 19 assigned parking spaces. This beautiful property is set on a tranquil, tree-lined street, the building enjoys a serene ambiance, while remaining just minutes from the bustling shops, restaurants, and entertainment of Ventura Boulevard, as well as convenient access to the 101 freeway. Perfectly suited for discerning investors or visionary developers, this rare opportunity in one of the most sought-after neighborhoods is a prime investment prospect that should be considered

Property Features

  • Sale Price: $3,200,000
  • Area Size: 10,300
  • Year Built: 1963
  • Closing Date: 4/14/2025
  • Units: 10
  • Current GRM: 10.96
  • Current Cap Rate: 5.79%
  • Price Per Unit: $320,000

Lyon Stahl Investment Real Estate

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