4558 Sherman Oaks AveLos Angeles, CA 91403

Property Details for 4558 Sherman Oaks Ave

Year built

1948

Construction

WOOD

Lot size

0.11 AC

Property size (Sq ft)

4,930 SF

Zone code

LAC4

Property type

Office properties

Property subtype

Office buildings

APN

2283-023-003

APU

2283023003

Description

This exceptional 6,216 square foot Class B office building, built in 1948 and situated on a highly desirable Sherman Oaks street, presents a unique owner-user investment opportunity. The property, extensively remodeled in 2012, boasts modern amenities and design features, including a putting green and water feature. Its location offers unparalleled convenience, being within walking distance of the Sherman Oaks Galleria (home to 24 Hour Fitness, Regal Cinemas, and the Cheesecake Factory), and close to public transportation and the 101 and 405 freeways. The permitted C4 zoning allows for a variety of uses. This meticulously maintained property is a rare find in this exclusive area, offering a blend of sophisticated design and prime location. The asking price is $5,600,000. This Sherman Oaks gem provides an excellent opportunity to own a piece of this exclusive enclave of boutique properties. The property is zoned C4.

• CAP approach

  CAP return

  Valuation

  6%

  $1,427,126

  6.5%

  $1,317,348

  7%

  $1,223,251

• Comparable approach

  Method

  Valuation

  Relative Method

  $937,489

  Geo Method

  $937,489

• Alternative Use

  Use

  Valuation

  Residential

  $1,633,511

  Hospitality

  $1,496,287

  Educational

  $1,244,894

  Medical

  $1,287,707

  Retail

  $1,936,501

Location Insight

City

Sherman Oaks

County

Los Angeles

State

California

Latitude

34.1535

Longitude

-118.469

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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