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$ 999,000
Est. payment | /mo
4 Beds
2 Baths
6,808 Sqft Lot
$ 999,000
Est. payment | /mo
4 Beds
2 Baths
6,808 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26159546
Bedrooms 4
Lot Size 6,808 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional duplex opportunity in desirable North Sherman Oaks within sought-after Kester Elementary School District, offering a well-maintained 2-unit property on a large lot with potential long-term upside. Located on a pleasant tree-lined street surrounded by small income properties and single-family homes, this property presents multiple possible paths for an investor or developer. The lot may offer development potential under SB 79 Tier 2 for a possible 3-story, mixed-income project of up to 11 units, or potential ADU and Jr. ADU options; buyer to independently verify all zoning, unit count, development feasibility, permits, and requirements with the City. Each unit features 2 Bedrooms and 1 Bathroom and was fully remodeled inside in 2013 with updated kitchens, cabinetry, countertops, appliances, bathrooms, refinished wood floors, new vinyl flooring in the kitchen, bath, and laundry areas, plus newer windows throughout. Both units also include central air and heat, and the composition roof has been recently replaced in 2024. The property offers a detached 2-car garage assigned to one unit, additional exterior parking, and a spacious rear yard area with parking flexibility. The front unit enjoys a beautifully landscaped private yard with mature hedges. Both units are currently rented and offer an excellent opportunity to acquire a clean income property with immediate rental income and future development potential in a strong Sherman Oaks location.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Cedros Ave & Hatteras St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 2244009015
Listed by Mario Acosta, DRE#01328908 Berkshire Hathaway HomeServices California Properties
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