4334 Mammoth Avenue, Sherman Oaks, CA 91423

The offering at 4334 Mammoth Avenue contains an excellent unit mix of (1) three bedroom/two bath unit, (5) two bedroom/ 1 3/4 bathroom units and (4) one bedroom/one bath units. There are currently only three units rented allowing a new owner to immediately capture huge upside by leasing the remaining units at current market rental rates. *Please see private remarks for details regarding the properties occupancy and income and expenses.The 10,362 square foot building sits on a 11,687 square foot lot that is zoned R3 and was built in 1957. The wood frame/stucco property also features a rear parking lot with 7 covered spaces and storage and 3 tuck under parking spaces. All of the units are very large (1 Bedrooms 750-929 SF, 2 Bedrooms 990-1,100 SF, 3 Bedroom 1,500 SF), and all are separately metered for both gas and electricity. There is also a laundry facility on the property that can generate additional income.Situated in a prime Sherman Oaks location adjacent to Studio City, tenants are only a short walk away from the many nearby bustling restaurants, bars, and shops along Ventura Boulevard. There is also easy and nearby access to the 101 and 405 Freeways.