15445-15461 Moorpark St | Sherman Oaks, CA 91403

SALE PRICE: $4,150,000

PRICE/UNIT: $207K     PRICE/SF: $274   GRM: 10.52    CAP RATE: 5.89%             

TRANSACTION HIGHLIGHTS

• PRIME Sherman Oaks Location adjacent to Encino + Tarzana

• CLOSE proximity to a plethora of fine dining, shopping, and entertainment options on Ventura Boulevard

• EXCELLENT Unit Mix consistent of (2) studio, (15) 1 bedroom/1 bathroom, & (3) 2 bedroom/1 bedroom units

• UNITS separately metered for Gas + Electric

• TWO UNITS delivered vacant at the close of escrow!

• EXCEPTIONAL value-add potential: approximately 38% upside in market rents

• RECENT UPGRADES include a completed earthquake seismic retrofit, etc.

• BUYER + SELLER represented by Michael Monempour + Jason Matatiaho