$2,487,000
$8K PRICE DROP

4323 Van Nuys Blvd Sherman Oaks, CA 91403

Estimated payment $16,222/month

Total Views 2,628
9 Beds
8 Baths
4,975 Sq Ft
$500 Price per Sq Ft

Highlights

  • 5 Car Detached Garage
  • Laundry Room
  • Forced Air Heating System
  • Van Nuys High School Rated A

About This Home

SELLER FINANCING FOR 3 YEARS AT 6% .Trophy location . MUST be purchased together with the next door property @ 4329 VAN NUYS BLVD. $304,000 annual gross income . . South of ventura blvd. Corner property with an alley in the back. Walk to all restaurants, shops and Sherman Oaks village .This is a great opportunity for an investors to acquire these two income producing properties in the densely populated Sherman Oaks neighborhood. These two properties are Zoned Rd 1.5 & situated within the Transit Oriented Communities (TOC) Tier 2. Existing 2 ( FIVE ) unit buildings on two separate lots , Approx annual income of approx. $304,000 Total lot size 11,9852 sq.ft. & total Living sq. ft 9,820 sq.ft .4323 Van Nuys blvd. ( APN # 2276014002) consists of (1) single story 3 br, 2 bath house , (2 ) two br ,1 bath & ( 2) one br,1 bath units .4329 Van Nuys blvd . ( APN # 2276014001) consists of (1 ) 2 Br +den , 1 bath owner's unit and ( 2) two br ,1 bath & (2 ) one br. 1 bath units. A unique Buy & hold or development opportunity for investors and builders in prime area of Sherman Oaks South of Ventura Blvd. Asking price $4,975,000 .Buyer to verify zoning , lot size, age of the building and applicable requirements to develop .

Listing Agent

Steven Bijan Mesbah

Rodeo Realty License #00883705 Listed on: 02/05/2025

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • 6,079 Sq Ft Lot

Interior Spaces

  • 4,975 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Convection Oven
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 5 Car Detached Garage
  • 5 Open Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • 5 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 2276-014-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1933 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Entry Floor: 1
  • Living Area: 4975
  • Lot Acreage: 0.1396
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1933
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Appliances: Convection Oven, Gas
  • Bedrooms: 9
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Equipment: Garbage Disposal, Cable, Dryer
  • Price Per S Q F T: 499.90

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Detached
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Wall/Window
  • Heating: Forced Air
  • Sewer: In Street Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 36.17
  • Assessed Improvement Value: 568914
  • Assessed Land Percent: 63.83
  • Assessed Land Value: 1003965
  • Total Assessed Value: 1572879
  • Assessor Parcel Number: 2276-014-002
  • Lot Description: Alley Paved
  • Lot Location: Alley Access
  • Lot Size Area: 6079

Rental Info

  • Lease Per Month Year: Year
  • Owner Pays: Water, Gardener
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 16.50
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 43280
  • Type Of Units: 5
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 3750

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $2,487,000 +0.5% $500 / Sq Ft
06/17/2025 06/17/25 Price Changed $2,475,000 -0.6% $497 / Sq Ft
05/18/2025 05/18/25 Price Changed $2,490,000 -0.2% $501 / Sq Ft
02/05/2025 02/05/25 For Sale $2,495,000 -- $502 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25499179

The MLS