Description
Specialized Realty proudly presents the sale of 14446 Dickens Street in Sherman Oaks, CA. It is an amazing investment opportunity to acquire a 6-unit trophy asset with future upside centrally located in Sherman Oaks south of Ventura Blvd. The property is subject to RSO (Rent Stabilization Ordinance) and is comprised of an excellent mix of 6 bungalow style units: four (4) studio/1bath and two (2) 1bed/1bath units.
Zoned LARD1.5-1, the offering is comprised of 2 separate buildings situated on a 6,802 SF lot with 2,348 SF of gross rentable area and features 2 remodeled studio units and individual meters for gas & electricity. Current gross rents total $5,314/mo, with a potential projected gross income of $12,970/mo. This is a tremendous opportunity to acquire a property in a highly affluent and desirable neighborhood for only $282,500 a door not to mention the potential for future development.
Location
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