
Seller's Agent in 2021
Max Berger
Compass
(310) 953-4562
1 in this area
32 Total Sales
4742 Sepulveda Boulevard, a 19-unit turnkey property that can be delivered with two ADU's ready to rent. Constructed in 2014, this well-maintained trophy asset offers ease of management with 100% rent collection throughout COVID and a 4% cash on cash return starting on day one. Situated just north of Ventura Boulevard, the subject property is located near numerous offices, crowd-favorite restaurants and shopping centers. The 26,450 SF four-story building sits on a 15,276 SF lot, and is comprised of (18) two-bedroom units and (3) studios. The two-bedroom units average approx. 1,200 SF and studio units average approx. 620 SF. Each condo-quality unit features wood/tile flooring, stainless steel appliances, granite countertops, washer/dryer and balcony (only for two-bedrooms). Property amenities include secured entry, elevator, several well-maintained community courtyards, spacious rooftop deck with panoramic views of the San Fernando Valley and approx. 36 parking spots in a gated subterranean garage. With strong in-place tenant profiles and a Class-A location in the heart of the San Fernando Valley, 4742 Sepulveda Boulevard presents the perfect long-term opportunity for any type of investor. Property is subject to LA Rent Stabilization Ordinance.
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Listing and Financial Details
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/17/2021 08/17/21 | Sold | $10,275,000 | -3.1% | $388 / Sq Ft |
06/03/2021 06/03/21 | Pending | -- | -- | -- |
04/26/2021 04/26/21 | Price Changed | $10,600,000 | -3.9% | $401 / Sq Ft |
02/19/2021 02/19/21 | For Sale | $11,025,000 | -- | $417 / Sq Ft |
Seller's Agent in 2021
Max Berger
Compass
(310) 953-4562
1 in this area
32 Total Sales
Source: The MLS
MLS Number: 21-695318
APN: 2264-004-012