Description

SELLER FINANCING FOR 3 YEARS AT 6% .Trophy location . MUST be purchased together with the next door property @ 4329 VAN NUYS BLVD. $304,000 annual gross income . . South of ventura blvd. Corner property with an alley in the back. Walk to all restaurants, shops and Sherman Oaks village .This is a great opportunity for an investors to acquire these two income producing properties in the densely populated Sherman Oaks neighborhood. These two properties are Zoned Rd 1.5 & situated within the Transit Oriented Communities (TOC) Tier 2. Existing 2 ( FIVE ) unit buildings on two separate lots , Approx annual income of approx. $304,000 Total lot size 11,9852 sq.ft. & total Living sq. ft 9,820 sq.ft .4323 Van Nuys blvd. ( APN # 2276014002) consists of (1) single story 3 br, 2 bath house , (2 ) two br ,1 bath & ( 2) one br,1 bath units .4329 Van Nuys blvd . ( APN # 2276014001) consists of (1 ) 2 Br +den , 1 bath owner's unit and ( 2) two br ,1 bath & (2 ) one br. 1 bath units. A unique Buy & hold or development opportunity for investors and builders in prime area of Sherman Oaks South of Ventura Blvd. Asking price $4,975,000 .Buyer to verify zoning , lot size, age of the building and applicable requirements to develop .