13444 Moorpark | Sherman Oaks, CA 91423
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13444 Moorpark
Sherman Oaks, CA 91423
Multifamily Property For Sale · 16 Units
INVESTMENT HIGHLIGHTS
- 13444 Moorpark is a 16-Unit value add opportunity located in prime Sherman Oaks. IN-PLACE 5.71% CAP RATE WITH ONE VACANT UNIT!
- The property has been under the same ownership for the past 20 years and non-rent control assets of this size and location do not trade frequently.
- By implementing an extensive interior and exterior renovation plan, a subsequent buyer can capture significant loss-to-lease on rents.
- The property is not subject to Los Angeles RSO and fall under the guidelines of AB-1482 allowing for larger rent increases each year.
- Ideally situated steps from the vibrant heart of Sherman Oaks. Residents can enjoy a lively mix of dining, shopping, and entertainment options.
- Property features rent driving physical plant with semi subterranean gated parking, in-unit fireplaces, gated access, and spacious floorplan.
PROPERTY FACTS
| No. Units | 16 | Building Size | 13,682 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 1.17/1,000 SF |
| Lot Size | 0.27 AC |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 13,682 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 1.17/1,000 SF |
UNIT AMENITIES
- Balcony
- Microwave
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | $2,199 | 775 |
| 2+2 | 5 | $2,487 | 1,000 |
PROPERTY TAXES
| Parcel Number | 2360-009-053 | Improvements Assessment | $2,298,815 |
| Land Assessment | $958,846 | Total Assessment | $3,257,661 |
PROPERTY TAXES
Parcel Number
2360-009-053
Land Assessment
$958,846
Improvements Assessment
$2,298,815
Total Assessment
$3,257,661
ZONING
| Zoning Code | R3-1, Los Angeles (Multiple Dwelling Zone) |
| R3-1, Los Angeles (Multiple Dwelling Zone) |
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