4421 Murietta Avenue

Sherman Oaks, CA 91423

$6,995,000

List Price

40

bed Beds

24

shower Baths

19,660 sqft

straighten / sqft

1955

calendar_month Built

Property Description

4421-4427 Murietta Avenue, commonly known as the Santorini Villas, is a prestigious opportunity to acquire a quintessential value-add property situated in one of the best rental locations in prime Sherman Oaks. The beautiful open courtyard property boasts an ideal unit mix consisting of all large 1 and 2-bedroom units. Each of the units is spacious, has a terrific floor plan, and offers an abundance of natural light. Built in 1955, the property is an ideal mid-century gem ideally positioned just steps from vibrant Ventura Blvd. The Santorini Villas feature a unit mix of (16) 2-bedroom, 1-bathroom units and (8) 1-bedroom, 1-bathroom units. Interiors have hardwood floors (select units), spacious kitchens/bedrooms/bathrooms, and are separately metered for gas and electricity. Other property features include a well landscaped courtyard, a large sparkling pool, copper plumbing, an intercom entrance, a pitched roof, and ample on-site parking which is exempt from soft story retrofit (Buyer to verify). Close to some of the Valley's best dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Listing Information

List Price $6,995,000
Status Active
MLS 24462691
Type Residential Income
Year Built 1955
Lot Size 24,752
Structure Size 19,660
DOM 8
Courtesy Of Remax Commercial and Investment Realty
Listing Agent Jonathan Taksa DRE#01366169

Interior Features

Total Bedroom
Bedrooms 40
Total Bathroom
Bathrooms 24

Exterior Information

Maps

Listing information courtesy of: Jonathan Taksa, Remax Commercial and Investment Realty 424-672-8220. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 20th, 2024 at 1:07 PM 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.