4702 Orion Avenue, Sherman Oaks, CA 91403

The 11 unit apartment building in Sherman Oaks consists of (2) two bedroom one bath units, (2) one bedroom one bath units with a den, (6) one bedroom one bath units, (1) single. The building is 7,650 square feet and is situation on a 10,498 square foot lot. The building is in good condition. Recent upgrades include a new central water heater, a secured entryway, and 50% of the units have been upgraded. An astute investor will enjoy historic low interest rates and the increase in rents over time. The building is separately metered for gas and electricity. The building is located within walking distance to Ventura Blvd and tenants enjoy local movie theatres, fine dining, and numerous retail establishments. It has easy access to the 405 and 101 on ramps. The building is 100% occupied and has a high historical occupancy rate.