Sherman Oaks, CA 91423,13550 Rye ST
Sherman Oaks, CA 91423,13550 Rye ST
Sherman Oaks, CA 91423,13550 Rye ST
Sherman Oaks, CA 91423,13550 Rye ST
Sherman Oaks, CA 91423,13550 Rye ST
Sherman Oaks, CA 91423,13550 Rye ST
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$1,560,000

$1,599,900

2.5%
Est.Price: ?

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Est. payment /mo

6,202 Sqft Lot


SOLD DATE : 11/17/2023

Key Details

Sold Price $1,560,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR23177634

Sold Date 11/17/23

HOA Y/N No

Year Built 1956

Lot Size 6,202 Sqft

Property Description

We proudly introduce 13550 Rye St, Sherman oaks CA – A clean cut low maintenance investment property. This Apartment building has a great unit mix with 6 units comprised of (4) 2 Beds + 1 Baths & (2) 1 bed + 1 baths. Total building square feet are 4,186 sqft &, the lot size is 6,205 sqft. This property is cost effective with low monthly expenses with no gardener expenses necessary, separately metered for electricity and gas & overall low maintenance characteristics. The Laundry is owner owned and operated which makes roughly $160 per month for added income. The combined monthly income for the units is $8,733. The Sherman Oaks neighborhood is known for its high-end residential atmosphere with an affluent resident population, many entertainment options on Ventura Blvd, chic restaurants & lively night life. This building is close to high end shopping malls, entertainment centers, & the 101 & 405 freeways which make it a hot spot for renter desirability. Enjoy low vacancy rates & a long lasting income stream for generations.

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Zoning LAR3

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Garage Concrete, Carport, Detached Carport

Carport Spaces 6

Pool None

Community Features Curbs, Sidewalks

Parking Type Concrete, Carport, Detached Carport

Total Parking Spaces 6

Private Pool No

Building

Lot Description Cul-De-Sac

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 2360004018

Energy Description 584.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steve Nakachian • Pinnacle Estate Properties
Bought with Steve Nakachian • Pinnacle Estate Properties
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 428-0833

brittany.nicola@exprealty.com

2603 Camino Ramon, Ramon, CA, 94583

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