We are excited to exclusively offer for sale, 4605 Sylmar Avenue, a 39-unit apartment community located in the heart of Sherman Oaks, California, within walking distance to Ventura Boulevard. Seismic earthquake retrofitting work has been completed. Priced at $278 psf (priced below replacement cost), the property sits on over one acre and features a large private courtyard with sparkling swimming pool, sundeck and grilling area; lush landscaping; 3 laundry rooms; and 38 side-by-side, covered parking spaces. The property offers a unit mix of one-, two- and two-bedroom plus den units, averaging 1,071 sf. Units feature spacious floor plans with individual in-unit water heater; central air and heat; and private balconies. Situated in a prime Sherman Oaks location, the property is within walking distance to Whole Foods Market, Gelsons, Best Buy, Blu Jam Cafe, Mamalade Caf, ULTA, Burger Lounge, Starbucks, Buffalo Exchange and nearby Ventura Boulevard. The location provides convenient access to freeways, the Van Nuys Metrolink and Amtrak station and is minutes to Valley College and close proximity to UCLA, Van Nuys Airport and Burbank Airport. OFFERING MEMORANDUM, rent roll and financials available on website referenced in Agent remarks. Rents shown are averages for each unit type; full rent roll available on website.
Courtesy of Adrienne Barr, Berkadia, CA DRE
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