For Sale
For Sale
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Year Built
1959
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Overview
Colliers International’s Ghobadi Multifamily Team is proud to present the sale of a well-appointed 14-unit apartment complex at 13506 Rye Street, Sherman Oaks, California. The property is comprised of 14 units, the property boasts a total of 11,156 rentable square footage. There are two studios, two one-bedroom/one-bathroom junior unit, six one bed-room/one bathroom units, one two-bedroom/ one-bathroom unit, one two-bedroom/one and one half bath unit, one three-bedroom/two-bathroom unit, and a larger three-bedroom/two-bathroom unit with private entrance, central a/c, hardwood floors, and private laundry. All unit interiors feature modern appliances, ceramic and travertine tiles, custom closets and sleek design. Furthermore, the building is master metered for gas and individually metered for electricity.
In the heart of Sherman Oaks, 13503 Rye Street is within immediate proximity to dozens of shops, eateries, and galleries on the historic Ventura Boulevard.Also within a short distance is the Sherman Oaks Galleria, an icon in San Fernando Valley history that has evolved into a hot spot of award-winning restaurants and a unique collection of design and home furnishing stores. The District’s notable amenities include Arclight Cinemas, Burke Williams, 24 Hour Fitness SuperSport, and much more.
Well-maintained building
Vibrant courtyard with picnic area
On-site Laundry facilities
Copper plumbing - Buyer to verify
Excellent unit mix
Located in Prime Area of Sherman Oaks
Within a private cul de sac.
Minutes from the I-101 and I-405 freeways
Master metered gas
Individually metered electricity
Property Details
13506 Rye St., Sherman Oaks CA - 14 Unit Apt. Building
Colliers International’s Ghobadi Multifamily Team is proud to present the sale of a well-appointed 14-unit apartment complex at 13506 Rye Street, Sherman Oaks, California. The property is comprised of 14 units, the property boasts a total of 11,156 rentable square footage. There are two studios, two one-bedroom/one-bathroom junior unit, six one bed-room/one bathroom units, one two-bedroom/ one-bathroom unit, one two-bedroom/one and one half bath unit, one three-bedroom/two-bathroom unit, and a larger three-bedroom/two-bathroom unit with private entrance, central a/c, hardwood floors, and private laundry. All unit interiors feature modern appliances, ceramic and travertine tiles, custom closets and sleek design. Furthermore, the building is master metered for gas and individually metered for electricity.
In the heart of Sherman Oaks, 13503 Rye Street is within immediate proximity to dozens of shops, eateries, and galleries on the historic Ventura Boulevard.Also within a short distance is the Sherman Oaks Galleria, an icon in San Fernando Valley history that has evolved into a hot spot of award-winning restaurants and a unique collection of design and home furnishing stores. The District’s notable amenities include Arclight Cinemas, Burke Williams, 24 Hour Fitness SuperSport, and much more.
Well-maintained building
Vibrant courtyard with picnic area
On-site Laundry facilities
Copper plumbing - Buyer to verify
Excellent unit mix
Located in Prime Area of Sherman Oaks
Within a private cul de sac.
Minutes from the I-101 and I-405 freeways
Master metered gas
Individually metered electricity
- Property TypeOffice
- Submarket
- Year Built1959
- Sale Price$4,575,000
- Total Acres0.26
- Cap Rate4.0%
- Number of Floors2
- Building ClassB
- ZoningLAR3
- Property ID2028661