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$ 2,950,000
Est. payment | /mo
4,301 SqFt
$ 2,950,000
Est. payment | /mo
4,301 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,301 sqft
Price per Sqft $685
MLS Listing ID CL25517057
HOA Y/N No
Year Built 1953
Lot Size 6,078 Sqft
Acres 0.14
Property Sub-Type Other
Property Description
We are pleased to present 13804-13808 Moorpark St., a fully renovated, turnkey eight-unit multifamily property in the heart of Sherman Oaks. Ideally situated near Woodman Avenue and Moorpark Street, it's just one block from Ventura Boulevard's top shopping, dining, and nightlife.Seven of the eight units are currently vacant, fully renovated, and rent-ready, giving buyers the option to close escrow with vacancies or have the seller lease them beforehand. This exibility appeals to both traditional investors and mission-driven buyers, such as nonprots seeking move-in-ready housing.Over the past three years, the sellers have invested approximately $1,000,000 into the property, including a ground-up development of two, two-bed ADUs over the parking lot and a full renovation of the original six-unit building. Situated on a prime corner lot, the property features eight dedicated parking spaces and a fenced-in side yard, perfect for a BBQ area or dog walk. Each unit is separately metered for gas and electricity, with two water metersone for each buildingallowing for an easy implementation of a RUBS utility reimbursement system upon lease-up.The newly constructed ADU building, completed in 2025, consists of two spacious two-bed, two-bath units, each with a den/ofce and high-end nishes, ni
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace, Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 2271017039

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Listed by Filip Niculete • Marcus & Millichap