4303 Cedros Avenue,Los Angeles, CA 91403
Los Angeles, CA 91403
Description
4303 Cedros Ave, a 15 unit apartment building located in Sherman Oaks, a San Fernando Valley neighborhood. Built in 1987, the property consists of (15) two-bedroom + two-bathroom units. The building is 19,584 gross square feet and sits on a12,500 square foot lot.4303 Cedros Ave is located on a quiet, tree-lined residential street in the heart of Sherman Oaks.Residents enjoy close proximity to popular destinations such as the Sherman Oaks Galleria andVentura Boulevard, known for its vibrant mix of boutique shopping, acclaimed restaurants, wine bars, cafes, and everyday conveniences.Centrally positioned within the San Fernando Valley, the property offers seamless access to major transportation routes including the 101 and 405 freeways, providing an easy commute to surrounding Los Angeles neighborhoods and employment hubs. Its desirable location combines neighborhood charm with urban accessibility, making it an appealing choice for a wide range of tenants. The property currently delivers an initial CAP rate of 5.38%, with the potential to reach a6.62% CAP rate upon unit turnover.
Details
| MLS # | 26985539 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1987 |
| Days On Site | 56 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | Michael Kamara |
Features
| Bed(s) | 30 |
|---|---|
| Bath(s) | 30 |
| SQ Feet | 19,584 |
| Story(s) | 3 |
| Units | 15 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.29 |
Interior
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
Parking
| Parking Features | Private |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 91403 |
| Area | SO Sherman Oaks |
| Listing VS Median (in 91403) | |
Price: $5,395,000 low | high Med: $699,000 sqft: 19,584 low | high Med: 1,562 $ / sqft: $275 low | high Med: $448 On site: 56 low | high Med: 8.5 | |
Market Activity 91403
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 91403 |
| Area | SO Sherman Oaks |
| Listing VS Median (in 91403) | |
Price: $5,395,000 low | high Med: $699,000 sqft: 19,584 low | high Med: 1,562 $ / sqft: $275 low | high Med: $448 On site: 56 low | high Med: 8.5 | |