14525-31 Albers St — Sale in Sherman Oaks, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Sherman Oaks, CA 91411
Investment Figures
- Cap rate
- 5.71%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus and Millichap is pleased to present the opportunity to acquire 14525-31 Albers St, a 12-unit investment opportunity located in Sherman Oaks, CA 91411. Investment Highlights: • Well-located multifamily asset in a desirable Sherman Oaks neighborhood • Total of two (2) attached storage garages allowing for additional income. • Great Access to the Sepulveda Basin Wildlife Reserve & Recreation Area! • Recently completed a successful Balcony/Patio upgrade in compliance with LADBS ordinance. • Located in an infill submarket with limited new multifamily supply • Strong surrounding rental market supported by employment, lifestyle amenities, and freeway access
Market Context
This multifamily in Sherman Oaks, CA is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Sherman Oaks, CA — view the full market.
Contact
- Tony Azzi · (310) 909-5454 · tony.azzi@marcusmillichap.com
- Kristen Sullivan · (310) 909-5459 · kristen.sullivan@marcusmillichap.com
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