4850 Van Noord Ave, Sherman Oaks, CA 91423

12 Units on 2 Parcels in Prime Sherman Oaks. Trophy location off Riverside Dr and Coldwater Canyon near the Whole Foods. This is an extremely rare opportunity to purchase a prized property owned by the same family for 20 years. A HUGE amount of money was invested into these buildings in the past few years. Two 6 unit buildings with very spacious six 1Br+1Ba apartments and six 2Br+2Ba apartments. The apartments on the 2nd floor have beautiful vaulted ceilings. One 1Br+1Ba unit is currently vacant. A total of 5 units have been remodeled with very high quality fixtures, finishes, custom tile. 12 open parking spaces in the rear, soft story retrofitting is completed, new roof on one building, and extensive electrical upgrades done on both buildings: new meters, main panels and sub panels. This is an excellent location in a very residential neighborhood with an extremely high barrier to entry. Close to Studio City, the new Shops at the Sportsman's Lodge (Equinox, Erewhon, Sugarfish, etc), Westfield Fashion Square Mall, Ventura Blvd, and so much more. This is an ideal addition to the discerning investor's portfolio.