This exceptional Sherman Oaks investment opportunity presents a meticulously maintained multifamily property, perfect for discerning investors. The main residence boasts 2,862 square feet, featuring five bedrooms, three bathrooms, and a detached one-bedroom, one-bathroom guest house (ADU) adding approximately 320 square feet of living space. The main house showcases a stunning two-story vaulted ceiling, multiple fireplaces, a gourmet kitchen with quartz counters and stainless steel appliances, and luxurious bathrooms with spa-like features including walk-in showers and clawfoot tubs. The property also includes a serene backyard oasis complete with a koi pond, waterfall, and fruit trees (navel orange, mandarin orange, lemon, red plum, and avocado). Upgrades include newer dual-zone AC, furnace, and ducting; copper plumbing; Noritz tankless water heaters; ABS sewer pipes; and a gas line for BBQ. Additional features include 200 and 100 amp panels, exterior retractable window shutters, smooth ceilings, LED recessed lighting, and a combination of wood and tile flooring. The property sits on a 5,993 square foot lot and was built in 1954. This turnkey property offers significant rental income potential and is priced at $1,650,000. The property's APN is 2344001025. The address is 5503 Buffalo Ave, Los Angeles, CA 91401.
Highlights
$1,650,000 asking price for this Class A multifamily property.
Sherman Oaks location, Los Angeles, CA.
2,952 square feet, on a 5,993 square foot lot.
Four-bedroom main house, plus a one-bedroom guest house (ADU).
Updated features including quartz counters, stainless steel appliances, and newer HVAC.
Residential income home - Luxury 5-Bedroom Rental, Los Angeles
Where is the residential income home located?
The property is located at 5503 Buffalo Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: $1,650,000 asking price for this Class A multifamily property.; Sherman Oaks location, Los Angeles, CA.; 2,952 square feet, on a 5,993 square foot lot.
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Contacts
Laura Alice Scaturro
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Buffalo Ave Los Angeles, CA 91401
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Buffalo Ave Los Angeles, CA 91401
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5503 Buffalo Ave
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