5821 Sylmar Avenue, Van Nuys,
California CA91401-4237
Listing IDSR20185775
8,400
SqFt
0.155
Acres
$2,705,000
REDUCED TO SELL IN 2020!!! IMPROVED GM & CAP!!! RARE offering nestled in a pride of ownership single family neighborhood. Handsome 3 story corner property, impeccably maintained and surrounded by mature landscape. Built in 1987, a few blocks North of Sherman Oaks boundary and walking distance to Sherman Oaks Rec Center with Little League, Sports Courts and an Adult Center. The Building is 3 stories and consists of 8 units, four units on second floor above ground level parking, four units on top floor. Exterior access to all units via open stairwells with roofs for protection from the elements. All units consist of 2 Bedrooms, 2 Baths, Central Air & Heat, sliding doors to Private Balconies, open Kitchens to Dining Areas, oversized Living Rooms and more! FIVE of the units have been upgraded! The FOUR top floor units feature vaulted ceilings and views - TWO of these have spacious LOFTS - perfect for Home Office, Den or 3rd Bedroom! The FOUR second floor units have treetop views. The shared laundry room is located in the ground floor secured parking area which offers 2 spaces per unit with access via either a pedestrian gate or auto gate with opener. There is significant upside potential in this high demand location with limited rental inventory! Close to transportation, hospital, shopping and restaurants with easy access to Valley College, freeways and other major employment centers.