14924 Dickens St Los Angeles, CA 91403

This exceptional investment opportunity presents an 11-unit apartment building located at 14924 Dickens Street, Los Angeles, CA 91403. The property boasts a total of 8,907 square feet on a 10,793 square foot lot, with a desirable zoning designation of RD1.5-1. Built in 1960, the two-story building comprises a mix of 5 one-bedroom/one-bathroom units, 5 two-bedroom/one-bathroom units, and 1 two-bedroom/one-and-a-half-bathroom unit. Ample parking is available with approximately 16 spaces. The asking price is $4,000,000, translating to a price per unit of $363,636 and a land value of $449 per square foot. The property offers a compelling 4.51% cap rate, presenting a strong return on investment. The property is subject to Rent Stabilization Ordinance (RSO) regulations per Zimas. This well-maintained building presents a rare opportunity to acquire a multifamily property in a highly sought-after Sherman Oaks location. The property's strong cash flow potential and stable tenant base make it an ideal addition to any investment portfolio. The APN is 2276-011-007.