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5707 Tilden Avenue

Los Angeles CA 91401

8
6
4618 sq. ft.
6750 sq. ft.
Other
Currently for sale - view listing

Overview

With its high in-place CAP Rate of 6.58%, the property is one of the most attractively priced listings within one of the most desirable neighborhoods of Los Angeles.Because the property does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, a new owner benefits by saving on an otherwise costly expense (Buyer to verify). Expenses are reduced even further by the fact that trash service is provided by the City of Los Angeles at no cost to the landlord. A substantial revenue stream is generated by the property's storage units, which currently provide an additional $1,000 monthly beyond the apartment rental income collected.Located near the intersection of Van Nuys Boulevard and Burbank Boulevard, the building attracts residents with its convenient access to the amenities within Sherman Oaks, Studio City, Encino, and Valley Village. Costco and Target are each within a short driving distance, while the Westfield Fashion Square is just 1.7 miles away, with the high-end boutiques.

Features

8 bedrooms
6 bathrooms
4618 sq. ft. floor area
6750 sq. ft. lot size
Other

Happy sellers in Los Angeles

90%
90% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

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Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 2 eight-bedroom other properties similar to 5707 Tilden Avenue, have been sold.

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