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$2,299,000
8 Beds 8 Baths 22212769 MLS Active Status
This 8-unit, prime value-add property is located North of Ventura Blvd in the highly desirable Sherman Oaks neighborhood, adjacent to Studio City, Valley Glen, and Valley Village. 4556 Vista Del Monte Ave comprises eight 1-bedroom + 1-bathroom units, a total living area of 5,782 sqft, and is situated on an LAR3 Zoned 6,248 sqft lot. This offering presents a rare opportunity for investors to acquire an excellently located apartment building to reposition and upgrade to obtain market premium rents to stabilize at a 5.7%+ Cap rate | 12.9 GRM with the potential to scale and reduce expenses to achieve an even higher rate of return.Investors seeking an asset to employ a value-add strategy can promptly reposition the asset and achieve a higher yield. Four vacant units will allow investors to decide on their own finishes and styles and set market rents. The units are all separately metered for electricity and gas, and the property has a shared laundry room (leased machines). There are 8 tuck-under carport spaces providing easy access for tenants, as well as a private terrace overlooking Hortense St for tenants to use as a common area. With an excellent walk score of 84, this area of Sherman Oaks is a paradise for pedestrians. You can leave your car parked and take a walk down Ventura Blvd to enjoy the city's vibrant atmosphere with plenty of dining, shopping, and employment opportunities nearby. There is also easy access to public transportation and parking, which enables residents to get to offices and businesses nearby with shorter commute times to Studio City, DTLA, and Hollywood.

4556 Vista Del Monte Avenue, Sherman Oaks

$9,150,000
35 Beds 35 Baths 22210683 MLS Active Status
We are proud to present this 18-unit apartment building in a great Sherman Oaks location. The property was built in 1957 but is not subject to the LA City Rent Control (still subject to State Rent Control). There is an excellent unit mix that includes One One-Bedroom/One-Bath Unit, and Seventeen Two-Bedroom/Two-Bath Units. Thirteen of the units have been completely renovated including in-unit washer/dryers. The building system infrastructure has been upgraded to accommodate the remaining 5 units that do not have washer/dryers. Some of the renovations include calcutta quartz countertops, shaker cabinetry, vinyl plank flooring, upgraded windows and stainless-steel appliances. The units are built around a central courtyard that features a pool. The building has upgraded windows, upgraded roof, tiled entryway, beautiful landscaping and more. The residence is secured with gated access from the front and gated parking in the back (18 spaces). Ample street parking is also available. The property is just a quick drive away from plenty of dining, shopping and entertainment options on Ventura Blvd. A few blocks to the south is the 101 Freeway which provides easy access to the surrounding area and job opportunities. And for recreation, Sherman Oaks Park is just across the street from the property. This opportunity is perfect for an investor looking for a well-located, turn-key asset with accessible upside via a proven renovation program. Although built prior to 1978, 5008 Hazeltine is exempt from the City of Los Angeles' Rent Stabilization Ordinance ("RSO"). The City of Los Angeles had a program that allowed a landlord to file for a rent stabilization exemption on individual units upon significant capital expenditures. Previous ownership applied for an exemption on all 18 units and received approval from the City of Los Angeles deeming all 18 units RSO "exempt" on May 17th, 1983.

5008 Hazeltine Avenue, Sherman Oaks

$6,499,000
6 Beds 6 Baths SR22225180 MLS Active Under Contract Status
Stunning Mediterranean Villa in Longridge Estates. Attention to detail & quality of materials has been merged to create a private oasis of spectacular beauty & functionality. This 6 bedroom 5 1/2-bathroom home sits on just under a beautifully landscaped1/2 acre lot. From the artfully designed entry to the granite cobblestone walk & driveway, you will be drawn to the front arches featuring hand-forged gates welcoming you inside to an impressive “boutique” hotel-style entry w/a gorgeous, tiled staircase, surrounded by custom ironwork railings & a beamed old-world style ceiling. The living room w/ a fantastic, tiled fireplace features two of the custom alder barn doors seen throughout the home. Also, on the main floor is a formal dining room w/custom built wine areas and a view to one of the outdoor fountains. The large family room w/ vaulted ceilings & skylights opens onto an outdoor dining area that seats 16+ people. The 600 square feet state-of-the-art kitchen w/ stainless steel appliances, wine refrigerator, 2 dishwashers, & beautiful granite peninsula & island makes preparing & serving meals a dream with 3 sets of french doors to the outside. The main floor also has a small “home” office off the kitchen & 2 additional bedrooms. On the 2nd floor, there is a 2nd home office with 2 balconies & 2 additional bedrooms (1 en-suite bathroom, 1 adjacent bathroom). The “art deco” home theater is located next to the primary bedroom with its own icemaker/refrigerator. The luxurious primary bedroom has a custom tiled bathroom w/ a soaking tub & a large “Prada” style walk-in closet w/ all glass doors and a huge patio overlooking the magnificent backyard. The backyard has a pool/hot tub w/ “Bellagio” fountains as well as a 1 bedroom 1 bathroom guest house (included in the 6 bedroom 5/12 bathroom number above). The pool area features many seating areas with a firepit & outdoor kitchen that seats 10 with an oversized grill, icemaker, refrigerator, dry bar, & sink. There is also a separate courtyard with a Spanish tile “rug” & another custom fountain & firepit. The Sport Court is adjacent to the guest house which also has a full outdoor “living room”. All & all, this is a home that offers west-side designer style in the Longridge Estates & exemplifies the best of the indoor/outdoor lifestyle that makes living in Southern California a delight. This is one not to be missed!

4163 Longridge Avenue, Sherman Oaks

$2,995,000
6 Beds 4 Baths OC22195492 MLS Active Under Contract Status
Welcome home to this one-of-a-kind residence which immediately greets her guests upon entry with a serene koi pond, sleek wood facade and a welcoming foyer with two story atrium skylights. Originally built in 1954, this private hillside residence was reimagined by renowned architect Barry Gittelson, a graduate of USC school of architecture and design. The combination of sleek stone masonry throughout with the striking architecture and details create the perfect oasis in this stunning retreat leaving no question as to why Gittleson was such a celebrated architect. Built for the most discerning chef, the newly updated kitchen with brilliant marble counters and stainless steel appliances offers unique dining options either at the breakfast bar or right outside your impressive iron clad glass doors to the perfect spot for California al fresco year round dining with an outdoor fireplace to warm and welcome your guests. Right off your kitchen, you will find an efficient and detail oriented home office. Just around the corner, an incredible primary suite with a sensational fireplace and stunning built in entertainment cabinet. A luxurious bath with an all-glass shower including sweeping views of the city. And then flowing through beautiful iron French doors to the flagstone covered pool, jacuzzi and BBQ area with privacy hedges and olive trees wrapped in twinkling lights to create the most magical evenings with city light views. Departing from the downstairs 5 bedrooms and an office, you venture to the second story where you will find not only an additional bedroom and bath but a fantastic office space. Working long hours in your home office? Take a break in your state of the art theatre room with all newly installed ten foot screen, 7.1 surround sound and 4k projector resulting in pristine image quality plus motorized privacy/blackout shades for the ultimate in home theatre viewing. With newly painted clean white walls, built ins and recessed lighting throughout, providing the perfect canvas for your art and collectibles…hand selected stone and marble balanced with fine fixtures and custom chandeliers grab your attention in every room of this designer Control 4 technology home. 3329 Coy drive has been meticulously curated and updated resulting in the ultimate California living experience just north of Mulholland while providing unforgettable, magnificent views. It is a truly inspiring home that we are honored to share with you..

3329 Coy Drive, Sherman Oaks

$3,995,000
6 Beds 7 Baths SR22136295 MLS Active Status
This secluded Smart sanctuary in a coveted Sherman Oaks neighborhood is a true gem for those looking for that extra degree of privacy! An opulent celebration of luxury and refinement, this jaw-dropping 6,105-sqft two-story palace also nurtures your extroverted side with a dreamy backyard that seems custom-designed with the entertainer in mind. Beyond the fully gated exterior, the accommodating circular drive, meticulously manicured landscaping, and unique exterior brimming with character, your solid dream awaits. The sumptuous setting is replete with ornate detail: glossy stone floors inviting you through a fluid floorplan bedecked with wrought-iron accents, tasteful recessed lighting, luminous chandelier fixtures, a wealth of storage space... even the convenience and security of a 16-camera Elan Smart Home System with built-in speakers. A grand foyer offers a starting point to a host of spacious rooms including formal dining area, sunken living room and separate family room (both punctuated by elegant fireplaces), office, and massive great room. The grandeur of the sparkling kitchen is reinforced by a huge center island with porcelain bedfast sink, granite countertops complimented by a textured tile backsplash, masterfully crafted cabinetry, and built-in stainless-steel appliances including a voluminous chef’s refrigerator. The second level is distinguished by an exquisite primary bedroom suite including a sizable living room with private balcony, roomy walk-in closet, and en-suite bathroom complete with oversized walk-in shower, twin sink vanities, and a stunning stone-encased soaking tub. And each bedroom boasts its own private bathroom! Relaxation is intuitive courtesy of a private backyard paradise guarded by gently swaying palms. A massive back porch provides your perfect platform for entertaining before opening out onto accommodating patio spaces. Soirées are all but guaranteed by the uniquely covered rock cabana and outdoor kitchen, not to mention the all-important swimming pool with slide and spa. If you're bored in this house, consider it a true feat! It also presents a prime location down the street from Notre Dame High School, Westfield Fashion Square, and LAVC with close proximity to Whole Foods, NoHo Arts District, all the major movie studios, local restaurants, shops, the 101 FWY, and so much more!

13202 Chandler Boulevard, Sherman Oaks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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