4445 Murietta Ave
Sherman Oaks, CA 91423

Bd   Ba   19,480 Sqft   156 Days
The subject property is a twenty four-unit apartment building in a prime Sherman Oaks Location. Built in 1955, the property is subject to rent control. There is desirable unit mix of eight one-bedroom/one-bath units and sixteen two-bedroom/one-bath units. With a Walk Score of 81, the property is walking distance to the endless shopping, dining and entertainment options on Ventura Boulevard. The property is also walking distance to the newly improved Ralphs shopping center as well close proximity to the Westfield Fashion Square on Riverside Drive. Overall, this location provides residents all the conveniences they need as well as quick freeway access to 101, 405 and 170 Freeways. In addition to the great location, the property has a nice array of amenities such as a pool, courtyard, nicely landscaped entrance, on-site laundry facility and covered and open parking. Investors should see this as a rare opportunity to own within a couple blocks of Ventura Boulevard with upside in rents.
  • $0 HOA
  • $385/Sqft
  • MLS#16164074 provided by Brett Sanson of Marcus & Millichap
  • Movoto last checked CRMLS for new data 3 hours ago
  • CRMLS last updated this listing 7 months ago

Home Features for 4445 Murietta Avenue, Sherman Oaks

Year Built: 1955
Price Per Square Foot: 385.01
Parcel Number: 2271013013
Special Listing Conditions: Standard
Standard Status: Closed
Exterior
Number Of Buildings: 2
Building Area Total: 19480
Parking Features: Covered Parking
Number Of Units Total: 24
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Property History for 4445 Murietta Avenue, Sherman Oaks

Status
Date
Price
Sold
Feb 22, 2017
$7,500,000
Pending
Nov 15, 2016
Listed
Sep 19, 2016
$7,800,000
#16164074

Real Estate Market Statistics for 4445 Murietta Avenue, Sherman Oaks

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4445 Murietta Avenue

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Sherman Oaks
Sherman Oaks
91423
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$7.8M

4445 Murietta Avenue

$6.17M

Sherman Oaks

-8% y/y

Sherman Oaks

$1.56M

91423

11% y/y

91423

$1.38M

Sherman Oaks

2% y/y

Sherman Oaks

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Refinance Rates for 4445 Murietta Avenue, Sherman Oaks

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4445 Murietta Ave is a multi family home located in 91423 in Sherman Oaks, CA. It was last listed for $7,500,000, which is 382% above the current market median of $1,557,000 in 91423 and 443% above the market median of $1,382,000 in Sherman Oaks. 4445 Murietta Ave is approximately 19,480 square feet, which is 722% above the median size in Sherman Oaks of 2,371 square feet and 682% above the median size in 91423 of 2,490 Sqft. This property's price per Sqft was $385, which is 30% below the current median in 91423 of $552 and 29% below the Sherman Oaks median of $539. As of today, , there are 58 properties listed for sale in ZIP code 91423 and 152 properties listed for sale in the city of Sherman Oaks. Of those 152 properties, there are 128 single family houses and 24 condos.
Built in 1955, this multi family house at 4445 Murietta Ave, Sherman Oaks CA, 91423 is approximately 19,480 square feet and does not come with a parking spot. It was last listed with a cost per Sqft of $385. 4445 Murietta Ave is located in the Sherman Oaks neighborhood in the Los Angeles Unified School District. The closest school is Dixie Canyon Community Charter School.

4445 Murietta Ave, Sherman Oaks CA, 91423 was on the market for 156 days. The median days on the market for properties in this area is 40 with a median list price of $1,382,000 and median cost per square foot of $539. Its current status is sold under the MLS #16164074.

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