4303 Cedros Avenue, Los Angeles, CA 91403
- $5,395,000
- 30
- BD
- 30
- BA
- 19,584
- SqFt
Listing courtesy of Listing Agent: Michael Kamara (Michael.kamara@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
- List Price
- $5,395,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 26985539
- Subtype
- Residential Income
- Year Built
- 1987
- Bedrooms
- 30
- Bathrooms
- 30
- Living Area
- 19,584
- Lot Size
- 12,504
- Acres
- 0.29
- MLS Area Major
- Sherman Oaks (SO)
Property Description
4303 Cedros Ave, a 15 unit apartment building located in Sherman Oaks, a San Fernando Valley neighborhood. Built in 1987, the property consists of (15) two-bedroom + two-bathroom units. The building is 19,584 gross square feet and sits on a12,500 square foot lot.4303 Cedros Ave is located on a quiet, tree-lined residential street in the heart of Sherman Oaks.Residents enjoy close proximity to popular destinations such as the Sherman Oaks Galleria andVentura Boulevard, known for its vibrant mix of boutique shopping, acclaimed restaurants, wine bars, cafes, and everyday conveniences.Centrally positioned within the San Fernando Valley, the property offers seamless access to major transportation routes including the 101 and 405 freeways, providing an easy commute to surrounding Los Angeles neighborhoods and employment hubs. Its desirable location combines neighborhood charm with urban accessibility, making it an appealing choice for a wide range of tenants. The property currently delivers an initial CAP rate of 5.38%, with the potential to reach a6.62% CAP rate upon unit turnover.
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Additional Information
- Zoning
- LARD1.5
- Heating
- None
- Stories
- Multi Level
- Levels
- Multi/Split
- Parking Features
- Private
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.