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… Read More 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. Read Less
Property listed by Remax Commercial and Investment Realty, Jonathan Taksa 213-817-1000
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Beds
40
Square Ft.
19,660
Lot Size
0.57 Acres
Year Built
1955
MLS Number
24462691
30 Days Snapshot Of 91423
$1,324k
-21%
(avg) sold price
12
-40%
homes sold
70
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1955, Building area total: 19,660, Levels: Two, Living area: 19660, 2 stories, 2 buildings
Heating
WallFurnace
Income
Gross income: $550,424, Net operating income: $329,881
Lot
0.5682 acres, 24,752 square feet, Size: 24,752
Parking
24 totals parking, Assigned
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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