tomo logo

$3,850,000

Beds
12
sq ft
6,545

14550 Burbank Blvd, Sherman Oaks, CA 91411

14550 Burbank Blvd

Sherman Oaks, CA 91411

  • 15 days on market
Don't miss this rare and exceptional investment opportunity in the prime Sherman Oaks neighborhood! Built in 2022, this modern two-story townhouse complex consists of six spacious units, offering an ideal unit mix of two 1-bedroom/2 bath units, two 2-bedroom/3 bath units, and two 3-bedroom/ 3 bath units. With ample modern living space, each unit is designed to provide tenants with comfort and style. The property also features an underground, gated parking garage with space for 10 cars, ensuring secure and convenient parking for residents. At the back of the building, tenants can enjoy cozy outdoor space, perfect for relaxation or entertaining. Located in a highly sought-after neighborhood, this property provides tenants with the ability to stroll through tree-lined streets at any time of day, while being close to top-rated shopping, dining, and entertainment options. Built just two years ago, the property is easy to maintain and requires minimal upkeep, making it a hassle-free investment. Additionally, the property is non-rent controlled, offering flexibility in rent pricing and maximizing your income potential. This is a unique opportunity to invest in a well-maintained, high-demand property in a prime location! Don't let it slip away!

Details

Property type

Est. home value

$4,035,972

Lot size

6,248 sq ft

Price per sq ft

$589

Year built

2022

HOA

No

Price History

10/06/2024
CLAW

CLAW #24470251

Listed
$3,850,000
+10.73%
09/15/2022
CRMLS

CRMLS #SR21269018

Sold
$3,477,000
+489.32%
01/12/2015
CLAW

CLAW #14779295

Sold
$590,000

Schools & Community

Neighborhood: 

Sherman Oaks

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Sr Capital Inc

Loan start date

December 2021

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Commercial

Seller

16675 Paramount Llc

Lender

Cathay Bank

Loan start date

June 2018

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Building or Construction Loan

Seller

16675 Paramount Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 8:20 AM

Listing updated: 12/10/2024 at 7:30 PM

Listed by: Sue Soyoung Kim, Bee Investment, Inc. Phone #: (213) 380-8600

MLS: CLAW #24470251

CLAW logo

Recently listed in Sherman Oaks

$1,389,000|3 bd|2.0 ba|House
$1,435,000|4 bd|2.0 ba|House
$1,499,000|3 bd|2.0 ba|House
$2,295,000|4 bd|2.75 ba|House
$1,295,000|3 bd|1.75 ba|House
$1,595,000|3 bd|3.0 ba|House
$1,499,000|3 bd|2.0 ba|House
listing placeholder
images coming soon