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$1,695,000
Est. payment /mo
4,243 SqFt
UPDATED:
09/25/2024 12:06 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,243 sqft
Price per Sqft $399
MLS Listing ID CL24430555
HOA Y/N No
Year Built 1947
Lot Size 8,431 Sqft
Acres 0.19
Property Description
Welcome to 5551 Mammoth Ave, an incredible investment opportunity nestled on a sunny corner lot near the highly desirable neighborhood of Sherman Oaks. This well-maintained five-unit apartment building exudes classic Southern California charm while featuring modern updates throughout.The property includes four garage spaces for ample parking and storage, along with a spacious yard beautifully landscaped with lush flora, creating a serene outdoor retreat.With stable rental income, low vacancy rates, and strong growth potential, this turnkey property is ideal for investors seeking long-term appreciation in a prime Los Angeles location. Whether you're looking to live in one unit and rent out the others or to expand your investment portfolio, 5551 Mammoth Ave has it all.
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Heating Wall Furnace
Fireplace No
Laundry Community Facility
Building
New Construction No
Others
Tax ID 2247002007
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Listed by Erin Moore • Douglas Elliman of California, Inc.
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122