14258 Dickens ST, Sherman Oaks, CA 91423
14258 Dickens ST, Sherman Oaks, CA 91423
14258 Dickens ST, Sherman Oaks, CA 91423
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Diego Magdaleno

Diego Magdaleno

+1(714) 376-8652
$2,750,000
Est. payment /mo
3 Beds
12 Baths
5,464 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,464 sqft

Price per Sqft $503

MLS Listing ID 26653655

Bedrooms 3

HOA Y/N No

Year Built 1956

Lot Size 10,781 Sqft

Property Description

14258 Dickens Street presents an 11-unit multifamily investment opportunity featuring a well-maintained mid-1950s apartment building with solid structural fundamentals and clear repositioning potential.The property generates stable in-place income at an 11.87 GRM and 4.55% cap rate, equating to approximately $250,000 per unit and $503 per square foot.Significant upside exists through the implementation of a strategic renovation program focused on upgrading interior finishes and modernizing units while preserving the building's character. The asset offers a straightforward value-add opportunity through interior improvements and rent optimization in a consistently strong rental submarket.

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Zoning LARD1.5

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Detached Carport

Total Parking Spaces 10

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2266005005

Special Listing Condition Standard

Virtual Tour https://drive.google.com/drive/folders/1lZyU7oThNGYTl-D2ROuSEzSB17guEjJp?usp=drive_link

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Listed by David Miller Miller & Desatnik Realty Co. #02105346

NEARBY SCHOOLS & PROPERTIES

Diego Magdaleno

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