Sherman Oaks, CA 91423,13550 Rye ST
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Sherman Oaks, CA 91423,13550 Rye ST
Sherman Oaks, CA 91423,13550 Rye ST
Sherman Oaks, CA 91423,13550 Rye ST
Sherman Oaks, CA 91423,13550 Rye ST

$1,560,000

Est. payment /mo

$1,599,900

2.5%
Est.Price: ?

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13550 Rye ST Sherman Oaks, CA 91423

6,205 Sqft Lot

SOLD DATE : 11/17/2023

Key Details

Sold Price $1,560,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRSR23177634

Sold Date 11/17/23

Originating Board California Regional MLS

Year Built 1956

Lot Size 6,205 Sqft

Property Description

We proudly introduce 13550 Rye St, Sherman oaks CA - A clean cut low maintenance investment property. This Apartment building has a great unit mix with 6 units comprised of (4) 2 Beds + 1 Baths & (2) 1 bed + 1 baths. Total building square feet are 4,186 sqft &, the lot size is 6,205 sqft. This property is cost effective with low monthly expenses with no gardener expenses necessary, separately metered for electricity and gas & overall low maintenance characteristics. The Laundry is owner owned and operated which makes roughly $160 per month for added income. The combined monthly income for the units is $8,733. The Sherman Oaks neighborhood is known for its high-end residential atmosphere with an affluent resident population, many entertainment options on Ventura Blvd, chic restaurants & lively night life. This building is close to high end shopping malls, entertainment centers, & the 101 & 405 freeways which make it a hot spot for renter desirability. Enjoy low vacancy rates & a long lasting income stream for generations.

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Interior

Cooling Window / Wall Unit

Laundry Laundry Area, Washer/Dryer - Owned

Exterior

Parking Features Carport , Detached Garage, Other

Garage Spaces 6.0

Pool None

Building

Lot Description Corners Marked

Water District - Public

Others

Tax ID 2360004018

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Steve Nakachian • Pinnacle Estate Properties
Bought with Steve Nakachian • Pinnacle Estate Properties
agent

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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