7-Unit Value Add Apartment Investment
$1,995,000
14938 Moorpark Street, Los Angeles, CA 91403
100
Occupancy
C
Class
Details:
Description:
illi Commercial is pleased to present 14938 Moorpark Street, a 7 unit multi-family residential property for sale. Located a block from Ventura Blvd. in the heart of Sherman Oaks, CA, the property is well positioned in one the most highly desirable and walkable
suburban communities in Los Angeles.
The complex is within walking distance of Pavilions and Whole Foods markets, Starbucks, Blu Jam Cafe, Mulberry Street Pizza, Marmalade Cafe, the Sherman Oaks Galleria including 24Hr Fitness, Regal Cinemas, the Cheesecake Factory, and many more local favorite restaurants and shopping destinations. With convenient access to public transit and the 101 and 405 Freeways, residents are centrally located to the entire Metro area.
Currently 86% occupied by many long-term tenants paying below market rents, this asset presents an excellent value-add investment opportunity, with the possibility of redevelopment for higher density, subject to Buyer’s verification
Documents:
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12.19.2023_-_14938_Moorpark_Street_-_OM.pdf
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Location
Gallery
