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13709 MILBANK, Sherman Oaks, CA 91423

13709 MILBANK , Sherman Oaks, CA 91423
$1,500,000

Description

REDUCED 400k FOR RESERVE AUCTION STYLE SALE! Nest Seekers International presents a unique opportunity to acquire a 4 unit + attached Single Family Residence just blocks north of Ventura BLVD. Boasting 4, 1 bedroom 1 bathroom units and an attached 2 bed 2 bath single family residence addressed as “4507 Woodman Avenue.” This property is located on the Corner of Milbank and Woodman Avenue, zoned R3 allowing a buyer to build up to 10 units on the 8019 square foot parcel (buyer to verify). Current 5 CAP! With 20% rental upside, potential investors are able to capitalize on current cash flow as well as future upside. The property also has a 4 car detached garage. One unit to be delivered vacant. Income details include vacant unit rented @ current market. No Financed offers will be considered. Bidding to begin at list price, seller to reserve the right to respond to bids as they come. Seller reserves the right to reject any and all offers.”
MLS #:20574544

  • Address: 13709 MILBANK
  • City: Sherman Oaks
  • Zip/Postal Code: 91423
  • Neighborhood: Los Angeles County
  • Country: United States

Detail

Updated on May 4, 2020 at 12:00 am

  • Property ID: 2302534
  • Price: $1,500,000
  • Year Built: 1928
  • Property Status: For Sale

Additional details

  • Lot Size in Acres: 0.1841
  • Number Of Units Total: 5

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