4535 Murietta Avenue, Sherman Oaks, CA, 91423

4535 Murietta Avenue, Sherman Oaks, CA, 91423 < >
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for sale
Lot Size:0.31 Acres
Year Built:1965
MLS #:19440204
Date Updated:
For information contact:
CENTURY 21 Ditton Realty
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We are pleased to present this beautifully remodeled 13-unit building located at 4535 Murietta Avenue, Sherman Oaks, California. Built in 1965 and renovated in 2018, the offering consists of 3- One bedroom / One bathroom units, 9- Two bedroom / Two bathroom units, and 1- Two bedroom / One bathroom unit. The Property has undergone significant renovations and upgrades within the past year and a half including 5 completely turned over units, 100% permitted and completed seismic retrofit work, repaint of the entire property, upgraded all exterior lighting, complete re-landscaping, upgraded roof, etc. This property, offered at a true 4.17% CAP rate, allows a rare opportunity for an investor to buy a turn-key property in an excellent Sherman Oaks location, that still allows for over 20% of rental upside over time. With the great income the property brings in, an investor would need an estimated 40% down payment ($1,900,000) in order to get a fully amortized loan.
Interior Details
Stories Total: 2

Exterior Details
Lot Size Acres: 0.3119Number Of Buildings: 1
Number Of Units Total: 13Parking Features: Other

Community Information
County Or Parish: Los AngelesDirections: Milbank St & Murietta Ave
MLS Area Major: SO - Sherman OaksParcel Number: 2271002007
Zoning: LAR3

Property Information From MLS Data
Year Built: 1965

Financial Information
Association Amenities: Other

Cooling: See Remarks

Listing Information Courtesy of:
List Agent First Name: Filip
List Agen tLast Name: Niculete
List Office Name: Marcus & Millichap

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Monthly Payment for 4535 Murietta Avenue
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Down Payment:
Loan Amount:$3,800,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Filip Niculete, Marcus & Millichap

Information obtained from CACRMLS is current as of 8/24/2019 12:19 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.