Sold

4850 Van Noord Avenue

Sherman Oaks CA, 91423

$2,600,000


$235.25 per sqft

Sold

18 Beds

12 Baths

11,052 sqft

Residential

Built in 1957

Listed by Dana Coronado with Equity Union 818-989-2000

12 Units on 2 Parcels in Prime Sherman Oaks. Trophy location off Riverside Dr and Coldwater Canyon near the Whole Foods. This is an extremely rare opportunity to purchase a prized property owned by the same family for 20 years. A HUGE amount of money was invested into these buildings in the past few years. Two 6 unit buildings with very spacious six 1Br+1Ba apartments and six 2Br+2Ba apartments. The apartments on the 2nd floor have beautiful vaulted ceilings. One 1Br+1Ba unit is currently vacant. A total of 5 units have been remodeled with very high quality fixtures, finishes, custom tile. 12 open parking spaces in the rear, soft story retrofitting is completed, new roof on one building, and extensive electrical upgrades done on both buildings: new meters, main panels and sub panels. This is an excellent location in a very residential neighborhood with an extremely high barrier to entry. Close to Studio City, the new Shops at the Sportsman's Lodge (Equinox, Erewhon, Sugarfish, etc), Westfield Fashion Square Mall, Ventura Blvd, and so much more. This is an ideal addition to the discerning investor's portfolio.

23236545

MLS ID

January 27, 2023

Listed

March 23, 2024

Updated

Map

4850 Van Noord Avenue
Sherman Oaks CA, 91423

Interior Features

Total Stories

2


Bedrooms

18 Beds


Bathrooms

12 Baths


Interior Features

Ceiling Fan(s)


Appliances

Dishwasher, Washer


Laundry Description

Laundry Room


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.25 Acres


Architectual Style

Mid-Century Modern


Roof

Composition, Shingle


Sewer

Sewer Tap Paid

School Information

School District

Los Angeles Unified

Other Property Details

Area Name

SO - Sherman Oaks


Days on Market

68


Garage

No


Parking

Assigned, Uncovered


Parking Total

12


View

No


View Description

None


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LARD1.5


Buyer Agency Compensation

2.25%

Listing History

Date

Event

Price

5/18/2023

Sold

$2,600,000

5/4/2023

Price Change

$2,600,000

-28%

5/4/2023

Unknown

Listing Contact: 818-989-2000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:26 AM UTC

 

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