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$ 2,750,000
Est. payment /mo
Active
14258 Dickens Street Sherman Oaks (los Angeles), CA 91423
5,464 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,464 sqft
Price per Sqft $503
MLS Listing ID CL26653655
HOA Y/N No
Year Built 1956
Lot Size 10,783 Sqft
Acres 0.25
Property Sub-Type Other
Property Description
14258 Dickens Street presents an 11-unit multifamily investment opportunity featuring a well-maintained mid-1950s apartment building with solid structural fundamentals and clear repositioning potential.The property generates stable in-place income at an 11.87 GRM and 4.55% cap rate, equating to approximately $250,000 per unit and $503 per square foot.Significant upside exists through the implementation of a strategic renovation program focused on upgrading interior finishes and modernizing units while preserving the building's character. The asset offers a straightforward value-add opportunity through interior improvements and rent optimization in a consistently strong rental submarket.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 2266005005
Virtual Tour https://drive.google.com/drive/folders/1lZyU7oThNGYTl-D2ROuSEzSB17guEjJp?usp=drive_link
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Listed by David Miller • Miller & Desatnik Realty Co.
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