4510 Colbath Avenue

    Sherman Oaks, CA 91423
    • $7,580,000
    • STATUS: Active
    • ON SITE: 8 days
    • ID#: 18363494
    UPDATED: 239 min ago
    $7,580,000
    • 0
      BEDS
    • 0.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 17,936
      SQFT
    • $423
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    4510 & 4520 Colbath Avenue in Sherman Oaks includes two side by side apartment buildings on separate parcels combining for twenty two total units. Consisting of six 1+1s, fourteen 2+2s and two 3+2s, five units have undergone a complete remodel including new brushed nickel plumbing fixtures, drains, supply lines, water lines, porcelain tile in kitchens and bathrooms, paint, scraped ceilings, custom white wood and self closing kitchen and bathroom cabinets, charcoal quartz countertops, white subway tile backsplashes in the kitchen and shower area, stainless steel appliances (refrigerator, dishwasher, stove and microwave), light fixtures, recessed lighting, updated electrical and waterproof laminate flooring. Other property upgrades include new storefront glass door entries, front awnings, exterior paint and landscaping touch ups. There is a laundry room in each building with seller owned equipment, garage parking at the front of the buildings and additional covered parking at the back.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T00:29:22.327. 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.
    www.playavistaliving.com/homes/85477834

    4510 Colbath Avenue Sherman Oaks, CA 91423

    • Price: $7,580,000
    • Status: Active
    • Updated: 239 min ago
    • ID#: 18363494
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.49
    Acres
    17,936
    SQFT
    $423
    $/SQFT
    1963
    Built
    Neighborhood:
    SO - Sherman Oaks
    County:
    Los Angeles
    Area:
    SO - Sherman Oaks
    Property Description
    4510 & 4520 Colbath Avenue in Sherman Oaks includes two side by side apartment buildings on separate parcels combining for twenty two total units. Consisting of six 1+1s, fourteen 2+2s and two 3+2s, five units have undergone a complete remodel including new brushed nickel plumbing fixtures, drains, supply lines, water lines, porcelain tile in kitchens and bathrooms, paint, scraped ceilings, custom white wood and self closing kitchen and bathroom cabinets, charcoal quartz countertops, white subway tile backsplashes in the kitchen and shower area, stainless steel appliances (refrigerator, dishwasher, stove and microwave), light fixtures, recessed lighting, updated electrical and waterproof laminate flooring. Other property upgrades include new storefront glass door entries, front awnings, exterior paint and landscaping touch ups. There is a laundry room in each building with seller owned equipment, garage parking at the front of the buildings and additional covered parking at the back.
    Exterior Features

    Direction Faces West Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Two DoorCovered Parking Parking YN Yes Pool Features None Pool Private YN No View None View YN No

    Interior Features

    Appliances Gas Water HeaterWater Heater CentralRefrigeratorDishwasher Appliances YN Yes Cooling Wall Window Cooling YN Yes Fireplace Features None Fireplace YN No Laundry Features Area

    Property Features

    Cap Rate 3.38 Gross Multiplier 17.67 Gross Operating Income 420920.00 Improvements Amount 680984 Land Value 380758 Laundry YN Yes Net Operating Income 255827.00 Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 165093.00 Zoning Lar3

    Listing provided courtesy of Joshua Johnson of Power Property Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-20T00:29:22.327. 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.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094