NOT LISTED FOR SALE

4742 Sepulveda Blvd Sherman Oaks, CA 91403

36 Beds
39 Baths
26,450 Sq Ft
0.35 Acres

Last Sold August 17, 2021

Last sale price $10,275,000 $388 Per Sq Ft

104 Days on Market

Highlights

  • Gated Parking
  • 0.35 Acre Lot
  • Subterranean Parking
  • Van Nuys High School Rated A
  • Wood Flooring
  • Built-In Features

About This Home

As of August 2021

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.

Last Agent to Sell the Property

Max Berger

Compass License #02054048 Listed on: 02/19/2021

Compass

Last Buyer's Agent

Max Berger

Compass License #02054048 Listed on: 02/19/2021

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Lot Details

  • 0.35

Interior Spaces

  • 26,450 Sq Ft Home
  • 3-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 39 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 36 Parking Spaces
  • Subterranean Parking
  • Gated Parking

Additional Features

  • 0.35 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 21 Units
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 2264-004-043

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 26450
  • Lot Acreage: 0.3484
  • Stories: 3
  • Year Built: 2014
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Tile
  • Bedrooms: 36
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 39.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer, Microwave, Freezer, Refrigerator, Range/Oven
  • Price Per S Q F T: 400.76

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 36
  • Parking Garage: Subterranean, Gated
  • Total Parking: 36

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access

Lot Info

  • Assessed Improvement Percent: 76.28
  • Assessed Improvement Value: 5495475
  • Assessed Land Percent: 23.72
  • Assessed Land Value: 1708977
  • Total Assessed Value: 7204452
  • Assessor Parcel Number: 2264-004-043
  • Lot Size Area: 15176

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 16.49
  • Number Of Units: 21
  • Total Annual Expense: 225060
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 2.50
  • Vacancy Rate: 2 Units

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/17/2021 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
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-695318

The MLS

APN: 2264-004-012