Seller's Agent in 2024
Michael Monempour
Lyon Stahl Investment Real Estate, Inc.
(310) 270-8423
5 in this area
51 Total Sales
13
Beds
13
Baths
7,820
Sq Ft
0.35
Acres
About This Home
As of June 2024The offering is a rare and attractive value add investment property located in Prime Sherman Oaks Adjacent to Studio City. The property is situated in one of the trendiest neighborhoods in the San Fernando Valley, located just off of Ventura Blvd tenants are within close walking distance to the New Sportsman Lodge where there is an abundance of plethora of fine dining, shopping, and entertainment options. This is a brilliant opportunity for a savvy investor to acquire an ultra-prime Valley Location with significant value-add potential. There is an excellent unit mix consisting of Twelve 1 Bedroom / 1 Bathroom Units and One Studio Unit which is, very desirable for today's rental market. Two of the Units will be delivered Vacant at the close of escrow. The property sits on a large 15,160 SF Lot and has 14 Uncovered Parking Spaces. All units are separately metered Gas and Electric. This Valuable Asset is available for Sale for the first time in+25 Years!
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01996829 Listed on: 02/29/2024
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #01996829 Listed on: 02/29/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 0.35 Acre Lot
Interior Spaces
- 7,820 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 13 Bedrooms
- 13 Bathrooms
Parking
- 14 Parking Spaces
- On-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
Community Details
- 2 Buildings
- 13 Units
Listing and Financial Details
- Assessor Parcel Number 2358-022-006
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $2,700,000 | -9.8% | $345 / Sq Ft |
| 05/13/2024 05/13/24 | Pending | -- | -- | -- |
| 03/18/2024 03/18/24 | Price Changed | $2,995,000 | -7.8% | $383 / Sq Ft |
| 02/29/2024 02/29/24 | For Sale | $3,250,000 | -- | $416 / Sq Ft |
Source: The MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,314 | $2,754,000 | $1,101,600 | $1,652,400 |
| 2024 | $14,314 | $1,061,754 | $420,461 | $641,293 |
| 2023 | $14,061 | $1,040,936 | $412,217 | $628,719 |
| 2022 | $13,456 | $1,020,527 | $404,135 | $616,392 |
| 2021 | $13,262 | $1,000,517 | $396,211 | $604,306 |
| 2019 | $12,896 | $974,693 | $384,460 | $590,233 |
| 2018 | $12,681 | $955,658 | $376,922 | $578,736 |
| 2016 | $12,034 | $914,850 | $362,287 | $552,563 |
| 2015 | $11,872 | $901,109 | $356,846 | $544,263 |
| 2014 | $11,997 | $883,458 | $349,856 | $533,602 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Monempour
Source: The MLS
MLS Number: 24-363627
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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