15050 Moorpark | Sherman Oaks, CA 91403
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15050 Moorpark
Sherman Oaks, CA 91403
Multifamily Property For Sale · 25 Units
INVESTMENT HIGHLIGHTS
- 15050 Moorpark St is a 25-Unit value add opportunity located in prime Sherman Oaks. (Contact Brokers for OM)
- 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 | 25 | Lot Size | 0.41 AC |
| Property Type | Multifamily | Building Size | 19,482 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1984 |
| Building Class | C |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 19,482 SF |
| No. Stories | 2 |
| Year Built | 1984 |
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Heating
- Kitchen
- Range
- Smoke Free
SITE AMENITIES
- Spa
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 1 | $3,150 | 1,000 |
| 1+1.5 | 24 | $2,225 | 811 |
PROPERTY TAXES
| Parcel Number | 2264-016-050 | Improvements Assessment | $3,269,977 |
| Land Assessment | $1,413,698 | Total Assessment | $4,683,674 |
PROPERTY TAXES
Parcel Number
2264-016-050
Land Assessment
$1,413,698
Improvements Assessment
$3,269,977
Total Assessment
$4,683,674
ZONING
| Zoning Code | R4-1, Los Angeles (Multiple Dwelling Zone) |
| R4-1, Los Angeles (Multiple Dwelling Zone) |
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