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Sold Date4/09/2021
Closed

5919 Cedros AvenueSherman Oaks, California CA91411-3116

Listing IDSR20134087

1,835 SqFt 0.156 Acres

$900,000

Welcome to this charming duplex in north Sherman Oaks. The property is located on a nice tree lined street surrounded by small units and single family homes in the immediate neighborhood. Each unit consists of two bedrooms and a bathroom. Both units were totally remodeled on the inside in 2013 with brand new interior paint, cabinetry, counter tops and appliances in the kitchen. The bath rooms were updated. The wood floors were refinished and new vinyl flooring was installed in the kitchen, bath and laundry room. There are new windows all around and each unit has central air and heat. The composition roof is in good shape. There is a detached two car garage that belongs to one unit plus 2 exterior parking spaces outside the garage. The second tenants also park in the spacious rear yard outside the garage area. The front unit has a beautiful landscaped yard with high hedges for privacy. The tenants are each on month to month leases with below market rent. The large lot allows for an additional unit to be built on the property, buyer to verify. The rent has not been raised due to Covid 19, so each unit is due for a rent increase when city laws allow. Both tenants have paid the rent on time. This is a well kept property in a great neighborhood that is priced to sell as a great investment property or as an owner user where the buyer could reside in one unit and collect income from the other rental unit.
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