5344 Circle Dr

Sherman Oaks, CA, 91401

$12,900,000

$439 per ft²
$12,900,000
$439 per ft²
Active
Active
 - For Sale
beds
41 Beds
baths
80 Baths
carpenters-square
29,346 ft²
property_type
Multi-family
calendar
Built 1983
We are pleased to present a rare opportunity to own a larger, well-located asset that that is not subject to LA City Rent Control (Only subject to CA Rent Control, AB 1482). The property has been in the same family over 35 years and presents an excellent value-add opportunity. The property has a unique unit mix of almost all One Bedroom/One and a Half bath Townhouse Style units that feature fireplaces in the living room and the upstairs bedroom. All units feature Central A/C & Heat, dishwasher and a spacious walk-in closet. The property also has a pool, nicely landscaped entrance,intercom entry, on-site laundry and gated subterranean parking (61 Spaces). ***Currently, there are 7 vacant units, one of which is rent ready. The other 6 vacant units are not rent ready and need to be rehabbed. Please contact list agent for details and photos***
MLS® ID:
23-232011
Listed:
1/10/23
Updated:
3/21/23
Equity Union
The Rindenow Group
Mobile: (818) 915-3467Email: David@DavidRindenow.com

Interior Features

Total Bedrooms
41
Total Bathrooms
80
Cooling
Central
Heating
Central

Exterior/Building Features

Lot Size
0.64 acres lot
Exterior Features
None

Other Property Details

Garage
No
Parking
Subterranean, Gated
Parking Total
61.0
View
N
County
Los Angeles
Pool
No
Total Stories
3
Zoning
LARD1.5

Courtesy of Marcus & Millichap, Brett Sanson,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Rindenow Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/21/23

Equity Union
The Rindenow Group
Mobile: (818) 915-3467Email: David@DavidRindenow.com
Contact