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:
  • $/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 9 hours ago
  • CRMLS last updated this listing 1 day ago
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Property History for 4445 Murietta Ave, Sherman Oaks

Status
Date
Price
Sold
Feb 22, 2017
$7,500,000
Pending
Nov 15, 2016
Listed
Sep 19, 2016
$7,800,000
#16164074
As of today, there are 65 properties listed for sale in ZIP code 91423 and 154 properties listed for sale in the city of Sherman Oaks, CA. This property at 4445 Murietta Ave in 91423 was last listed for $7,500,000. This is 582% above the current $1,099,000 median price for Sherman Oaks and 505% above the median of $1,239,000 for 91423. Of the 154 properties for sale in Sherman Oaks, 115 are single family homes and 39 are condos. 4445 Murietta Ave is a multi family home that is approximately 19,480 square feet, 855% above the Sherman Oaks median of 2,040 and 828% above the 91423 ZIP code median of 2,100. The price per Sqft was $385 which is 22% below the current median price in 91423 of $495 and 20% below the Sherman Oaks median of $483 per square foot.
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 for $7,800,000 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 43 with a median list price of $1,099,000 and median cost per square foot of $483. Its current status is sold under the MLS #16164074.

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