The New Yorker

05-18-2023
05-30-2023

13951 Moorpark St, Sherman Oaks, CA 91423

▪Huge Units

▪Excellent Sherman Oaks Location

▪Tremendous Unit Mix

▪Pool and Elevator

▪Seven Low Income Units Burn off in June 2026

▪Excellent Assumable existing loan at 3.55% fixed for approximately 9 more years.

▪Huge upside in the rents

▪City required Seismic retrofitting has been complete

Key Property Information

Listing Status
Available
Listing Type
Highest & best offer
Multifamily Type
Garden Style
Price
$ 10,995,000
No. of Units
34
Cap Rate
3.82%
GRM / GIM
14.52
Year Built
1964
Building Size
40,801 Sq Ft
Lot Size
30,407 Sq Ft
No. of Stories
2
Opportunity Zone
No
Price Per Unit
$ 323,382
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34.150595, -118.437167

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