13535 Moorpark St, Los Angeles, CA 91423
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13535 Moorpark St, Los Angeles, CA 91423
13535 Moorpark St, Los Angeles, CA 91423
13535 Moorpark St, Los Angeles, CA 91423
13535 Moorpark St, Los Angeles, CA 91423
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$ 6,500,000
Est. payment /mo
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13535 Moorpark St Los Angeles, CA 91423

30 Beds

23 Baths

17,654 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 17,654 sqft

Price per Sqft $368

MLS Listing ID 26866517

Bedrooms 30

Year Built 1957

Lot Size 0.391 Acres

Acres 0.391

Property Sub-Type Multi-Family

Property Description

Located at 13535 Moorpark Street, the building occupies a large corner lot that spans block-to-block, with frontage on three different streets. Residents enjoy extremely convenient access to the high-end shopping and fine dining along renowned Ventura Boulevard, just one block away. The property itself has been significantly upgraded in recent years, including the completion of all seismic retrofit repairs (Buyer to verify) as well as improvements to the electrical panels, plumbing system, and landscaping. New water heaters and a remodeled outdoor seating area have both been added to the property recently, while the laundry room has been updated as well. Apartment interiors have largely been refurbished, allowing a new investor to maintain improved cash flow without the need for major capital expenditures. In fact, 75% of all units have already been upgraded, yet there still remains approximately 21% in rent upside for a new owner to recapture. Located near the intersection of Woodman Avenue and Ventura Boulevard, the property is situated on the corners of Moorpark Street, Allott Avenue, and Rye Street. In addition to being just one block from Ventura Boulevard, tenants are also walking distance from the Westfield Fashion Square. The new 93,000 square foot Shops at Sportsmen's Lodge, including a large Erewhon location, are just one mile from the property, helping to attract higher-paying tenants to the building.

Location

State CA

County Los Angeles

Area Sherman Oaks

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Assigned

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

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13535 Moorpark St

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Name

Name

Phone*

Phone

Message

Message
Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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