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$ 2,750,000
Est. payment | /mo
3 Beds
12 Baths
5,464 SqFt
$ 2,750,000
Est. payment | /mo
3 Beds
12 Baths
5,464 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,464 sqft
Price per Sqft $503
MLS Listing ID 26653655
Bedrooms 3
HOA Y/N No
Year Built 1956
Lot Size 10,781 Sqft
Property Description
14258 Dickens Street presents an 11-unit multifamily investment opportunity featuring a well-maintained mid-1950s apartment building with solid structural fundamentals and clear repositioning potential.The property generates stable in-place income at an 11.87 GRM and 4.55% cap rate, equating to approximately $250,000 per unit and $503 per square foot.Significant upside exists through the implementation of a strategic renovation program focused on upgrading interior finishes and modernizing units while preserving the building's character. The asset offers a straightforward value-add opportunity through interior improvements and rent optimization in a consistently strong rental submarket.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Detached Carport
Total Parking Spaces 10
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2266005005
Special Listing Condition Standard
Virtual Tour https://drive.google.com/drive/folders/1lZyU7oThNGYTl-D2ROuSEzSB17guEjJp?usp=drive_link
Listed by David Miller Miller & Desatnik Realty Co. #02105346
NEARBY SCHOOLS & PROPERTIES
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