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4824-4832 Hazeltine Ave
Sherman Oaks, CA 91423
Kabir Villas · Multifamily Property For Sale
·
16 Units
Investment Highlights
- 2 Parcels, 2 buildings- No on-site management required!
- Upside in Rents!
- Mostly remodeled units
- Cap Rate: 5.4% on actual, 7.95% proforma
- Courtyard
- Very Walkable- Across 2 Trader Joe's!, Van Nuys/Sherman Oaks Park, Westfield Fashion Square
Executive Summary
16 units, comprised of 2 buildings (2 APN's) therefore on-site management not required. 4824 Hazeltine consits of 8 units, with its mirror 4832 Hazeltine Ave consisting of 8 units. Ideal unit mix. 16 parking spaces. Mostly renovated units. Tranquil courtyard providing an inviting environment. Across from not one but two Trader Joe's!, Across from Van Nuys/Sherman Oaks Park, and steps away from Westfield Fashion Square mall. Tenants benefit from immediate access to everyday conveniences, lifestyle amenities, and neighborhood services that enhance overall livability. The surrounding area supports strong walkability and remains one of the most sought after residential pockets in the Valley. DO NOT DISTURB TENANTS!
Property Facts
| Price Per Unit | $422,013 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 5.40% | Building Size | 14,136 SF |
| Gross Rent Multiplier | 12.12 | Average Occupancy | 94% |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.13/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3-1, Van Nuys | ||
| Price Per Unit | $422,013 CAD |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| Gross Rent Multiplier | 12.12 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 14,136 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | R3-1, Van Nuys |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+2 | 4 | - | - |
| 1+1 | 8 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,508,298 CAD | |
| Land Assessment | $743,543 CAD | Total Assessment | $2,251,841 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$743,543 CAD
Improvements Assessment
$1,508,298 CAD
Total Assessment
$2,251,841 CAD
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