14134 Burbank Blvd., Sherman Oaks CA - 17 Unit Apt. Building

14134 Burbank Blvd. Sherman Oaks, CA 91401

  • 13,594 Square Feet
  • Multifamily-Apartment
  • For Sale

Summary Description

Colliers International’s Ghobadi Multifamily Team is proud to present the sale of the well-appointed 17-unit apartment complex at 14134 Burbank Boulevard, Sherman Oaks, California. Situated in a great location just west of Hazeltine Avenue, the property is comprised of one 2-bed-room and 1-bathroom, four 2-bedroom and 1½ -bathroom, one 2-bedroom and 1½ 2-bathroom with townhouse layout, five 1-bedroom and 1-bathroom with townhouse layout, two 1-bedroom and 1-bathroom, and four single units, that together come to more than 13,500 square feet of rentable space on 15,851 square feet of land. The complex has been well maintained since it was built in 1963 and is currently undergoing the mandatory update required by the Los Angeles Department of Building and Safety also known as Soft-Story Retrofit. The roof was replaced in 2014 and all vertical pipes in the building have been upgraded with copper. Some of the amenities this building has to offer its residents are an on-site laundry facility and 16 parking spaces. This property is separately metered for gas and electricity.

Centrally located just east of Van Nuys Boulevard this complex sits minutes from the 405, 101 and 170 Freeways.

Property Status: Sold

Price: $4,100,000 USD

Lot Size: 15,851 Square Feet

Building Size: 13,594 Square Feet

Area Available: 13,594 Square Feet

Features:

  • Rent Control – Built 1963
  • Soft Story Retrofit work will be completed by end of August 2018
  • Excellent mix of 2, 1 and single units
  • Spacious units – A few of the units with townhouse layouts
  • On-site laundry room
  • Minutes away from 101, 170 and 405 Freeways
  • Well maintained building
  • Sixteen parking spaces
  • Separately metered for Gas and Electricity
  • Sparkling pool

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