Active

4421 Murietta Avenue, Sherman Oaks (los Angeles)

Sherman Oaks ( los Angeles ) CA, 91423

$6,995,000


$355.80 per sqft

Active

19,660 sqft

Other

Built in 1955

4421-4427 Murietta Avenue, commonly known as the Santorini Villas, is a prestigious opportunity to acquire a quintessential value-add property situated in one of the best rental locations in prime Sherman Oaks. The beautiful open courtyard property boasts an ideal unit mix consisting of all large 1 and 2-bedroom units. Each of the units is spacious, has a terrific floor plan, and offers an abundance of natural light. Built in 1955, the property is an ideal mid-century gem ideally positioned just steps from vibrant Ventura Blvd. The Santorini Villas feature a unit mix of (16) 2-bedroom, 1-bathroom units and (8) 1-bedroom, 1-bathroom units. Interiors have hardwood floors (select units), spacious kitchens/bedrooms/bathrooms, and are separately metered for gas and electricity. Other property features include a well landscaped courtyard, a large sparkling pool, copper plumbing, an intercom entrance, a pitched roof, and ample on-site parking which is exempt from soft story retrofit (Buyer to verify). Close to some of the Valley's best dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

CL24462691

MLS ID

November 12, 2024

Listed

December 13, 2024

Updated

Map

4421 Murietta Avenue, Sherman Oaks (los Angeles)
Sherman Oaks ( los Angeles ) CA, 91423

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.57 Acres

Other Property Details

Area Name

Sherman Oaks (los Angeles)


Garage

No


Parking

Assigned


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by Jonathan Taksa with Remax Commercial and Investment Realty
Listing Contact: 424-672-8220 

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