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 19 minutes ago
  • CRMLS last updated this listing 1 month 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 91423 was last listed for $7,500,000. As of today, , this is 582% above the current median price of $1,099,000 for the city of Sherman Oaks, CA and 526% above the median of $1,199,000 for ZIP code 91423. Right now, there are 74 properties for sale in 91423 and 179 properties listed for sale in Sherman Oaks. Those 179 properties are made up of 123 single family homes and 56 condos. The square footage of 4445 Murietta Ave is approximately 19,480, which is 891% above the median size of 1,966 Sqft in Sherman Oaks and 888% above the median size of 1,972 square feet in ZIP code 91423. This property's price per Sqft was $385, which is 27% below the current $530 median in 91423 and 25% below the $516 Sherman Oaks median.
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 26 with a median list price of $1,099,000 and median cost per square foot of $516. Its current status is sold under the MLS #16164074.

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