14258 Dickens Street, Sherman Oaks (los Angeles), CA 91423
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$ 2,750,000
Est. payment | /mo

5,464 SqFt


$ 2,750,000
Est. payment | /mo

5,464 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,464 sqft

Price per Sqft $503

MLS Listing ID CL26653655

HOA Y/N No

Year Built 1956

Lot Size 10,783 Sqft

Acres 0.25

Property Sub-Type Other

Property Description

14258 Dickens Street presents an 11-unit multifamily investment opportunity featuring a well-maintained mid-1950s apartment building with solid structural fundamentals and clear repositioning potential.The property generates stable in-place income at an 11.87 GRM and 4.55% cap rate, equating to approximately $250,000 per unit and $503 per square foot.Significant upside exists through the implementation of a strategic renovation program focused on upgrading interior finishes and modernizing units while preserving the building's character. The asset offers a straightforward value-add opportunity through interior improvements and rent optimization in a consistently strong rental submarket.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 2266005005

Virtual Tour https://drive.google.com/drive/folders/1lZyU7oThNGYTl-D2ROuSEzSB17guEjJp?usp=drive_link

Bridge MLS
Listed by David Miller • Miller & Desatnik Realty Co.

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14258 Dickens Street