Sold Price: $1,160,000 | Fourplex | Cap: 4.56%
Lot Size:11,892± SF | RSF: 2,849± | Built: 1942
ADDRESS
14539-41 Hatteras Street
Sherman Oaks, CA 91411
Team Ghobadi of Colliers International is proud to present this Fourplex building located at 14539-41 Hatteras St., Sherman Oaks, CA 91411. This property was built in 1942 and has a good unit mix comprised of a Front House and a Triplex in the back.
The front house is a 1-Bedroom/1-Bath + Den with its own front yard, parking area, and laundry room. The triplex in the back has three 1-Bedroom/1-Bath Units, each with front/rear entrance and a shared patio. All of the units in the triplex have remodeled kitchens & baths. Altogether the buildings' area totals 2,849 ± SF and sits on a large lot of 11,892 ± SF. As well, offering all tenants on-site laundry facilities and ample parking with 4 garage parking spaces in the back.
This property is located just west of Van Nuys Boulevard on Hatteras Street, is close to Van Nuys High School, and near different parks & recreational areas for leisure activities. It's also in close proximity to a main street with plenty of stores and restaurants, and is in a densely populated area. The site has very easy access to both the 101 & 405 freeways. This well-maintained building has potential for additional units and will make a great value-add investment opportunity to the future buyer’s portfolio!
PROPERTY HIGHLIGHTS
• Built in 1942
• Owned it for 30 Years
• POTENTIAL FOR ADDITIONAL UNITS
• Good Unit Mix - 4 Units
• Front House/1-Bed + 1-Bath + Den — with front lawn,
parking area, and laundry room
• Two Story Triplex - Two Units Bottom Floor, one on top (all
same size)
• Triplex Units all have Updated Kitchens & Bath, Front/rear
Entrance, and Shared Patio
• All Copper Plumbing
• Older Roof - Only Redone Sections at a Time
• On-site Laundry Facility/Leased Laundry Machines
• 5 Open Parking Spaces, along with 4 Car Garage
• Potential for Additional ADU’s
• Good Upside
• Located on Hatteras St, just west of Van Nuys Blvd
• Near Plenty of Shops/Restaurants
• Easy Access to the 101 & 405 Freeways
• Minutes from Van Nuys/Sherman Oaks Recreation Center
BUILDING INFORMATION
Year Built: 1942
Building SF: 2,849± SF
Land SF: 11,892±
Buildings: 1
Number of Stories: 2
APN: 2244-003-005
Zoning: LARD2
Building Type: Multifamily/4-Units