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13506 Rye Street

Sherman Oaks, CA 91423
  • $4,600,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: SR23162002
UPDATED: 150 min ago
$4,600,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Reza Ghobadi of Reza Ghobadi (818-325-4142)


Description

Nestled in a private cul de sac between Rye St. and Ventura Canyon Ave., 13506 Rye Street is a multi-family building that offers the valuable opportunity to own a well-maintained building in the San Fernando Valleys trendy city of Sherman Oaks.Comprised of 14 units, the property boasts a total of 11,156 rentable square feet. There are two studios, two one-bedroom/one-bathroom junior units, six one bedroom/one bathroom units, one two-bedroom/one-bathroom unit, one two-bedroom/one and one half bath unit, one three-bedroom/two-bathroom unit, and a larger three-bedroom/two-bathroom unit with private entrance, central a/c, hardwood floors and private laundry. All unit interiors feature modern appliances, ceramic and travertine tiles, custom closets and sleek design. Furthermore, the building is master metered for gas and individually metered for electricity.In the heart of Sherman Oaks, 13506 Rye Street is close to dozens of shops, eateries and galleries on the historic Ventura Boulevard. Also within a short distance is the Sherman Oaks Galleria, an icon in San Fernando Valley history that has evolved into a hot spot of award-winning restaurants and a unique collection of design and home furnishing stores. The Districts notable amenities include Arclight Cinemas, Burke Williams, 24 Hour Fitness SuperSport and much more opportunity.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142922031
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13506 Rye Street Sherman Oaks, CA 91423

  • Price: $4,600,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 150 min ago
  • ID#: SR23162002
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1959
Built
Neighborhood:
SO - Sherman Oaks
County:
Los Angeles
Area:
SO - Sherman Oaks
Property Description
Nestled in a private cul de sac between Rye St. and Ventura Canyon Ave., 13506 Rye Street is a multi-family building that offers the valuable opportunity to own a well-maintained building in the San Fernando Valleys trendy city of Sherman Oaks.Comprised of 14 units, the property boasts a total of 11,156 rentable square feet. There are two studios, two one-bedroom/one-bathroom junior units, six one bedroom/one bathroom units, one two-bedroom/one-bathroom unit, one two-bedroom/one and one half bath unit, one three-bedroom/two-bathroom unit, and a larger three-bedroom/two-bathroom unit with private entrance, central a/c, hardwood floors and private laundry. All unit interiors feature modern appliances, ceramic and travertine tiles, custom closets and sleek design. Furthermore, the building is master metered for gas and individually metered for electricity.In the heart of Sherman Oaks, 13506 Rye Street is close to dozens of shops, eateries and galleries on the historic Ventura Boulevard. Also within a short distance is the Sherman Oaks Galleria, an icon in San Fernando Valley history that has evolved into a hot spot of award-winning restaurants and a unique collection of design and home furnishing stores. The Districts notable amenities include Arclight Cinemas, Burke Williams, 24 Hour Fitness SuperSport and much more opportunity.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Cul-De-Sac Number Of Separate Electric Meters 14 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 4.6 Common Interest Community Apartment Community Features Sidewalks Electric Expense 3000 Fuel Expense 5200 Garage YN Yes Gross Income 333360 Gross Scheduled Income 321660 Insurance Expense 6800 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 10500 Net Operating Income 2111680 New Construction YN No New Taxes Expense 57500 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 115247 Pest Control Expense 720 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3550 Vacancy Allowance Rate 3 Water Sewer Expense 11000 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Reza Ghobadi of Reza Ghobadi (818-325-4142)