4445 Murietta Ave
Sherman Oaks, CA 91423

Bd   — Ba   19,480 Sqft
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.
  • Neighborhood: Sherman Oaks
  • Days on Movoto: 156
  • Year Built: 1955
  • HOA: $0 HOA
  • $/Sqft: $385
  • Lot:
  • Property Type: Multi Family
  • MLS#: 16164074
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listed By: Brett Sanson
  • Movoto last checked CRMLS for new data 13 hours ago
  • CRMLS last updated this listing 3 months ago
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Property History

Status
Date
Price
Sold
Feb 22, 2017
$7,500,000
Pending
Nov 15, 2016
Listed
Sep 19, 2016
$7,800,000
#16164074
4445 Murietta Ave in ZIP code 91423 is a multi family home that was last listed for $7,500,000. This is 553% above the current median of $1,148,000 for 91423 and 707% above the current median price of $929,000 for the city of Sherman Oaks, CA. As of today, , there are 85 properties listed for sale in the 91423 area and 201 properties listed for sale in Sherman Oaks. Of those 201 properties for sale, 133 are single family homes and 68 are condos. 4445 Murietta Ave is approximately 19,480 square feet, 873% above the Sherman Oaks median of 2,003 and 907% above the 91423 ZIP code median of 1,934. The price per Sqft was $385 which is 19% below the current median price in 91423 of $478 and 21% below the Sherman Oaks median of $489 per Sqft.
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 30 with a median list price of $929,000 and median cost per square foot of $489. Its current status is sold under the MLS #16164074.

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