SoldOct 1, 2019

Listed by Mark Bridge from Mark Bridge, Broker

14525 Albers St, Los Angeles, CA, 91411

$1,900,000

7695 sq. ft.
13939 sq. ft.

MultiFam

•

30+ days on the market

Sold: Oct 1, 2019

What's around 14525 Albers St

About this property

We are pleased to present is well-kept, twelve-unit multifamily complex in a prime Sherman Oaks location. The asset offers a nice mix of two-bedroom, one-bedroom, and studio units located on a large lot with a beautiful tree-lined street. There are three buildings on this parcel, two of which are two story buildings and the other is a single level detached apartment. The complex is garden style with ample garage and open lot parking available for tenants, which is a nice amenity in the densely populated city. A laundry facility on-site is provided for the residents as well. The Albers Street Apartment unit amenities comprise of air conditioning, spacious floor plans, and private patios on select units. This property is in a good central Sherman Oaks location right near major retail, educational, and employment opportunities. The property is conveniently located less than a mile from the CA-101 Freeway and 405 Freeway, which allow tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire a well-maintained apartment community with exceptional value-add upside in a premier location within the city. The property is subject to rent control.

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