5401 Sepulveda Boulevard
Sherman Oaks, CA 91411
Active for $22,950,000
Beds: 92 Baths: 92 Structure Size: 33,114 sqft Lot Size: 60,465 sqft
MLS | 25486841 |
Year Built | 1960 |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $22,950,000 |
Structure Size | 33,114 sqft |
Lot Size | 60,465 sqft |
Beds | 92 |
Baths | 92 |
Description
Prime Sherman Oaks Location. 90 Studios and one 1 Bedroom. Rents are below market and have tremendous upside. There is potential to have property taxes reduced or exempted through welfare tax exemption. Property is located in the Highest Resource Area with a Tier 4 SAFMR. Large lot and possibly potential to add ADU's. Please see OM for Assumptions in income and expense.
Listing information courtesy of: Hooman Emanuel, Keller Williams Studio City 424-209-0773. *Based on information from the Association of REALTORS/Multiple Listing as of 01/22/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.