$675,000 - 2 Bedroom, 1350 sq ft - Beautiful 2 + Den, 2.5 Bath Townhouse for Sale. Save Up to 70% on Commissions (Sherman Oaks)

About This Housing

Investment Property in Sherman Oaks – Available for Lease or Purchase

This appealing townhouse is being offered as an investment opportunity, available for lease at $3,450 per month or for purchase at $675,000.

Overview

A spacious townhouse of approximately 1,350 square feet, situated at 13412 Burbank Blvd. #1, Sherman Oaks, CA 91401. The property is being sold with existing tenants, generating an estimated annual Net Operating Income of $28,000, representing an approximate 4.0% cap rate. The owner is responsible for real estate taxes, HOA fees, and a standard rental property insurance policy.

Property Features

• Front-facing unit filled with ample natural light.
• Two generously sized bedrooms on the upper level featuring cathedral ceilings and no shared walls.
• The master suite includes a private bathroom with a shower, a sitting area, and three closets.
• The lower level offers a large great room with a wood-burning fireplace and a flexible space that can serve as a third bedroom, den, or home office.
• Kitchen equipped with granite countertops and an eat-in dining area.
• In-unit washer and dryer.
• New flooring installed on the second floor.

Community Amenities

• Two private, side-by-side parking spaces along with ample storage.
• The complex features a pool, spa, and barbecue area.
• A small community consisting of only 10 units.
• The owner covers water, hot water, trash, and sewer services.

Requirements and Notes

• The tenant is responsible for obtaining a home warranty policy and renter's insurance.
• Showings will not be arranged unless an offer has been accepted.

Contact Information

Douglas Weitzman
Attorney at Law / Real Estate Broker (DRE # 00614072)
Email: douglas@weitzman.com
Phone: 310-555-9876 (cell)

Note: The agent offers substantial commission discounts or rebates of up to 70% for buyers on other properties.