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    13709 Milbank Street

    Sherman Oaks, CA 91423
    • $1,625,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: SR20189553
    UPDATED: 35 min ago
    $1,625,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,890
      SQFT
    • $418
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    Prime Sherman Oaks Location! Walk to Ventura Blvd. Offered for sale is a 5 Unit apartment complex at 13709 Milbank Street. Northwest corner of Milbank Street and Woodman Avenue. The subject property consists of a charming 2 Bedroom 2 Bath Attached Single Family House, and Four (4) 1 Bedroom 1 Bath apartments. The property has a building square feet of approximately 3,890 and a lot size of approximately 8,018 square feet of land. Zone LA R3, this is a great opportunity for a developer to build 10 units in one of the most desirable areas of The San Fernando Valley. Property is well maintained, all copper plumbing, a new roof on the 4 Unit building at Milbank in 2011, individual hot water heaters in each unit, fully gated with 4 one car garage parking. The single family house has central heating and a washer/dryer in the garage. The 1 Bedroom 1 bath apartments are spacious and have window air conditioning units, stoves ,and refrigerators. There is one unit vacant. In addition to this corner lot being a excellent development opportunity, the Milbank/Woodman property is a great opportunity for a owner/user as well as an investor.Drive By Only and call Listing Agent for Details.

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    Based on information from CRISNet MLS as of 2020-09-21T12:56:12.55. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-21T12:56:12.55. 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.
    www.lydiagable.com/homes/109939934
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    13709 Milbank Street Sherman Oaks, CA 91423

    • Price: $1,625,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: SR20189553
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,890
    SQFT
    $418
    $/SQFT
    1928
    Built
    Neighborhood:
    So - Sherman Oaks
    County:
    Los Angeles
    Area:
    So - Sherman Oaks
    Property Description
    Prime Sherman Oaks Location! Walk to Ventura Blvd. Offered for sale is a 5 Unit apartment complex at 13709 Milbank Street. Northwest corner of Milbank Street and Woodman Avenue. The subject property consists of a charming 2 Bedroom 2 Bath Attached Single Family House, and Four (4) 1 Bedroom 1 Bath apartments. The property has a building square feet of approximately 3,890 and a lot size of approximately 8,018 square feet of land. Zone LA R3, this is a great opportunity for a developer to build 10 units in one of the most desirable areas of The San Fernando Valley. Property is well maintained, all copper plumbing, a new roof on the 4 Unit building at Milbank in 2011, individual hot water heaters in each unit, fully gated with 4 one car garage parking. The single family house has central heating and a washer/dryer in the garage. The 1 Bedroom 1 bath apartments are spacious and have window air conditioning units, stoves ,and refrigerators. There is one unit vacant. In addition to this corner lot being a excellent development opportunity, the Milbank/Woodman property is a great opportunity for a owner/user as well as an investor.Drive By Only and call Listing Agent for Details.
    Exterior Features

    Lot Features Corner Lot Lot Size Area 8019.0000 Parking Total 4.00

    Interior Features

    Common Walls 2+ Common Walls Laundry Features None Laundry YN No

    Property Features

    Additional Parcels YN No Community Features CurbsSidewalksStreet Lights Electric Expense 0.00 Fuel Expense 0.00 Gardener Expense 600.00 Gross Income 105732.00 Gross Multiplier 15.37 Gross Scheduled Income 105732.00 Insurance Expense 1790.00 Land Lease YN No Maintenance Expense 5287.00 Net Operating Income 78615.00 New Construction YN No New Taxes Expense 19082.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 29117.00 Operating Expense Percent 28.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN Yes Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 29117.00 Trash Expense 0.00 Water Sewer Expense 2358.00 Water Source Public Zoning Lar3

    Listing provided courtesy of Michael Tootikian, CA DRE# 00802699, of Keller Williams Encino-Sherman Oaks.


    Based on information from CRISNet MLS as of 2020-09-21T12:56:12.55. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-09-21T12:56:12.55. 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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    Westlake Villiage CA, 91377