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$ 1,695,000

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Price Dropped by $304K

5551 Mammoth Ave Sherman Oaks, CA 91401

9 Beds

5 Baths

4,243 SqFt

UPDATED:

09/24/2024 10:09 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,243 sqft

Price per Sqft $399

MLS Listing ID 24-430555

Bedrooms 9

Year Built 1947

Lot Size 8,431 Sqft

Acres 0.1935

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 Sherman Oaks

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment Ceiling Fan, Dishwasher, Refrigerator, Garbage Disposal

Laundry Community

Exterior

Garage Garage Is Detached

Garage Spaces 4.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Douglas Elliman of California, Inc.

GUIDE SoCal

Broker | License ID: DRE#01976964

GUIDE SoCal

5551 Mammoth Ave Sherman Oaks, CA 91401

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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5551 Mammoth Ave