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14550 Burbank Blvd, Van Nuys, CA, 91411

12beds
16baths
6,545sqft
$2,650,000
$405price/sqft
$17,864/moest. monthly cost
$714,560/yrincome needed

About This Home

This well-maintained 6-unit townhouse-style property is a great opportunity in the heart of Sherman Oaks. Projected CAP rate and Gross Income are based on full occupancy assumptions. The seller has priced the property significantly below the original purchase price, making it a very attractive deal in today's market. Built in 2022, the property is still very new and easy to maintain. The building is designed as a modern two-story townhouse complex over a basement garage, and all units offer comfortable and functional layouts. The property features a strong unit mix: Two 1-bedroom / 2-bath units Two 2-bedroom / 3-bath units Two 3-bedroom / 3-bath units Each unit provides spacious living areas with a modern design, offering both comfort and style for tenants. Currently, two units are vacant, which provides flexibility for an owner-user or the opportunity to lease at market rent. Located at 14550 Burbank Blvd in Sherman Oaks, the property sits in a highly desirable area near Encino and Studio City. Sherman Oaks is one of the most popular neighborhoods in the San Fernando Valley, known for its great restaurants, shopping, and entertainment. The location also offers easy access to major freeways and LAX, making travel convenient. It is just a short drive to places like Universal Studios, the LA Zoo, and Santa Monica. Overall, this is a rare chance to own a newer construction, low-maintenance investment property in a prime location at a very competitive price.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
67
BikeBikeable

Schools

10/10
6/10
Van Nuys Middle SchoolGrades 6-80.2 mi
8/10

Construction

Condition

  • Year built: 2022

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas/Electric Range,Gas Cooking Appliances,Microwave,Washer,Refrigerator,Dryer,Dishwasher,Range/Oven
  • Laundry features: In Unit,Inside

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 16

Heating & Cooling

  • Heating features: Central
  • Cooling features: Air Conditioning,Central Air

Interior Area

  • Total structure area: 6,545
  • Total interior livable area: 6,545 sqft

Property

Details

  • Parcel number: 2249001019
  • Zoning: LAR3
  • Special condition: Standard

Features

  • Levels: Multi/Split,Two
  • Stories: 2
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 6,246 sqft
  • Lot size dimensions: 50 x 126

Parking

  • Total spaces: 9
  • Parking features: Assigned