Price: $3,700,000 | New Construction | 6 Units | Lot Size: ±6,295 | Building SF: ±6,626
Price/Unit: $616,667 | Price/Building SF: $558.41
ADDRESS
14550 Burbank Blvd
Sherman Oaks, CA 91411
The Ghobadi Multifamily Team of Colliers is pleased to present the sale of this 6-unit apartment complex located at 14550 Burbank Boulevard, Sherman Oaks, California - adjacent to the cities of Encino and Studio City.
A thriving neighborhood in the San Fernando Valley region of Los Angeles, Sherman Oaks is located 16 miles northwest of downtown Los Angeles and just 12 miles northeast of Santa Monica which houses the famous Santa Monica Pier.
Sherman Oaks provides an incredible selection of restaurants, shopping, entertainment, community parks, and more. With access to LAX - the Los Angeles International Airport and several interstate highways, residents have convenient and easy travel options. Sherman Oaks is within a short drive of the Los Angeles Zoo, Universal Studios Hollywood, and the famous Hollywood sign.
PROPERTY HIGHLIGHTS
• New 2021 construction
• Six townhouse layout units
• Prime Sherman Oaks location on Burbank Boulevard
• Excellent unit mix: two 3 Bed/2 Bath, two 2 Bed/2 Bath
and two 1 Bed/2 Bath
• One of the 3-bedroom units is ADA compliant with an
elevator
• Separately metered for all utilities including water
• Subterranean parking – 10 spaces
• Spacious units with lots of natural lighting
• Fire place in living rooms
• All 2-story units with washer and dryer hookups
• Balconies in each unit
• Central AC and Heating
BUILDING INFORMATION
Year Built: 2021
Building SF: ±6,626 SF
Land SF: ±6,295 SF
Buildings: 1
Number of Stories: 2
APN: 2249-001-002
Zoning: LAR3
Building Type: Multifamily/6 Units