13060 Burbank Boulevard, Sherman Oaks, CA 91401

  • $4,550,000
  • $297
13060 Burbank Boulevard, Sherman Oaks, CA 91401
  • Residential Income
  • Property Type
  • 21
  • Bedrooms
  • 21
  • Bathrooms
  • 15295.00
  • 1958
  • Year Built
For Sale
13060 Burbank Boulevard, Sherman Oaks, CA 91401
  • $4,550,000
  • $297

Overview

Property ID: SGR-33822351
  • Residential Income
  • Property Type
  • 21
  • Bedrooms
  • 21
  • Bathrooms
  • 15295.00
  • 1958
  • Year Built

Description

Rare opportunity to acquire 13060 Burbank Blvd, a 19-unit value-add property located in the heart of prime Sherman Oaks, one of Los Angeles’ most desirable submarkets. Nestled along Burbank Blvd, between Coldwater Canyon Avenue and Fulton Avenue, this property offers investors a chance to own a coveted piece of real estate in one of the San Fernando Valley’s most attractive rental markets. Constructed in 1958, this two-story structure spans approximately 15,295 square feet on a 15,825 square foot lot. The property has been meticulously maintained and managed by the same ownership for nearly 14 years, offering significant rental upside. Additionally, there is potential to build three Accessory Dwelling Units (ADUs), which would substantially increase income (buyer to confirm). 13060 Burbank Blvd provides investors with the rare opportunity to acquire an ideal value-add opportunity with significant upside potential. The Property features spacious and well-designed units, with a strong unit mix of (1) studio, (15) one-bedroom, one-bath units, and (1) two-bedroom, one-bath unit, and (2) two-bedroom, two-bath units. Over the years, the ownership has implemented unit upgrades on select units as they turn over including high-end finishes, upgraded flooring and kitchens, granite countertops, double pane windows, stainless steel appliances, 13060 Burbank Blvd provides investors with the rare opportunity to acquire an ideal value-add opportunity with significant upside potential. The Property features spacious and well-designed units, with a strong unit mix of (1) studio, (15) one-bedroom, one-bath units, and (1) two-bedroom, one-bath unit, and (2) two-bedroom, two-bath units. Over the years, the ownership has implemented unit upgrades on select units as they turn over including high-end finishes, upgraded flooring and kitchens, granite countertops, double pane windows, stainless steel appliances,

  • Address 13060 Burbank Boulevard
  • City Sherman Oaks
  • State/county CA
  • Zip/Postal Code 91401
  • Area SO - Sherman Oaks
  • Country United States

Details

Updated on September 10, 2024 at 4:24 am
  • Property ID: SGR-33822351
  • Price: $4,550,000
  • Property Size: 15295.00 m²
  • Land Area: 15830.00 m²
  • Bedrooms: 21
  • Bathrooms: 21
  • Year Built: 1958
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 15295.00
  • MLS#: 24430045
  • Office Name: KIDDER MATHEWS OF CALIFORNIA, INC.
  • Agent Name: Angelica Gotzev
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Kidder Mathews of California, Inc.
  • Co-Agent Name: Janet Neman
  • Agent State License: 02053007
  • Co-Agent State License: 01069127

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 19.00

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
Sankofa Global Realty
  • Sankofa Global Realty

Enquire About This Property

Similar Listings

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
Sankofa Global Realty
  • Sankofa Global Realty