13573 Moorpark Street 4, Sherman Oaks, California 91423, Sherman Oaks, 91423 - bed, bath

13573 Moorpark Street 4, Sherman Oaks, California 91423 home-pic-0
ACTIVE$2,399,000
13573 Moorpark Street 4, Sherman Oaks, California 91423
0Bed
0Bath
3,132Sqft
10,470Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Located in the heart of Sherman Oaks, one block from Ventura Blvd, offering excellent access to amenities and attractions.
Top Cons:
Year Built: Built in 1948, the property may require ongoing maintenance and potential upgrades due to its age.

Compared to the nearby listings

Price:$2.40M vs avg $1.92M (+$479,500)50%
Size:3,132 sqft vs avg 3,186 sqft50%
Price/sqft:$766 vs avg $60550%

More Insights

Built in 1948 (77 years old).
Condition: The property was built in 1948 but has been fully remodeled. The description mentions updated kitchens with stainless steel appliances and updated bathrooms. The images confirm the recent renovations with modern finishes, wood floors, and updated fixtures. While not newly built, the extensive renovations bring it to a 'good' condition.
Year Built
1948
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$766
HOA
-
Days on market
-
Sold On
-
MLS number
GD25024649
Home ConditionGood
Features
Good View: Peek-A-Boo
Patio
ViewPeek-A-Boo

About this home

Proudly presenting The Moorpark West, a fully occupied and Entirely Reimagined Character 4 unit in the heart of Sherman Oaks, one block away from Ventura Blvd, situated on an expansive 10,500sqft Lot with endless possibilities. All 4 units are 2BD/1BA, turn-key and have been remodeled, highlighting wood floors, Central HVAC, Custom Chef's kitchen w/ Stainless Appliances and Washer/Dryers in each unit. Some of the many upgrades include newer windows, copper plumbing/waste lines, recessed lighting, and updated kitchens and bathrooms. Both ground level units have their own private patios, while the upstairs units feature spacious balconies with lots of natural light. The parking is incredible, offering 8 spaces, including Two (2) Two Car Detached garages, which can also be converted to additional units in addition to four more units per SB1211, buyer to confirm w/city. Owner’s unit may be delivered vacant. With a combined income of appx, $12,000/Monthly and Ease Of Management, The Moorpark West offers an investor or owner/user to take over an exceptional, low-maintenance asset. In a market where much of the income property inventory consists of neglected buildings requiring significant capital improvements, The Moorpark West stands out as a turnkey investment opportunity that combines immediate cash flow with strong growth potential.

Nearby schools

9/10
Kester Avenue Elementary School
Public,K-52.0mi
6/10
Erwin Elementary School
Public,K-52.3mi
6/10
John B. Monlux Elementary School
Public,K-52.4mi
9/10
Roscomare Road Elementary School
Public,K-52.9mi
8/10
Lanai Road Elementary School
Public,K-53.6mi
9/10
Warner Avenue Elementary School
Public,K-55.6mi
2/10
Van Nuys Middle School
Public,6-81.8mi
6/10
Walter Reed Middle School
Public,6-82.5mi
5/10
James Madison Middle School
Public,6-83.3mi
5/10
William Mulholland Middle School
Public,6-85.1mi
3/10
William Mulholland Middle School
Public,6-85.3mi
6/10
Ulysses S. Grant Senior High School
Public,9-122.0mi
8/10
North Hollywood Senior High School
Public,9-122.6mi
6/10
Van Nuys Senior High School
Public,9-123.1mi
6/10
University Senior High School
Public,9-127.5mi
6/10
University Senior High School Charter
Public,9-127.5mi
Condition Rating
Good

The property was built in 1948 but has been fully remodeled. The description mentions updated kitchens with stainless steel appliances and updated bathrooms. The images confirm the recent renovations with modern finishes, wood floors, and updated fixtures. While not newly built, the extensive renovations bring it to a 'good' condition.
Pros & Cons

Pros

Prime Location: Located in the heart of Sherman Oaks, one block from Ventura Blvd, offering excellent access to amenities and attractions.
Turnkey Investment: Fully remodeled units with modern kitchens, stainless steel appliances, central HVAC, and in-unit washer/dryers, providing immediate cash flow and low maintenance.
Development Potential: Large lot with potential for additional units, including possible conversion of garages and SB1211 opportunities (buyer to verify).

Cons

Year Built: Built in 1948, the property may require ongoing maintenance and potential upgrades due to its age.
Owner Occupancy: Only one unit may be delivered vacant, potentially limiting immediate owner-occupancy options.

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