Investment Property in Sherman Oaks – For Lease or Purchase

This attractive townhouse is available as an investment property, offering both a lease opportunity at $3,450/month or for purchase at $675,000.

Overview

A spacious, approximately 1,350 sq ft townhouse located at 13412 Burbank Blvd. #1, Sherman Oaks, CA 91401. The property is offered with tenants in place, generating an estimated Net Operating Income of $28,000 annually (approx. 4.0% cap rate). Owner covers real estate taxes, HOA dues, and a basic rental property insurance policy.

Property Features

• Front-facing unit filled with abundant natural light.
• Two spacious bedrooms upstairs with cathedral ceilings and no shared walls.
• Master suite includes a private bathroom with shower, sitting area, and three closets.
• Lower level features a large great room with a wood-burning fireplace and a flexible room suitable as a third bedroom, den, or home office.
• Kitchen with granite countertops and an eat-in area.
• In-unit washer and dryer.
• New flooring on the second floor.

Community Amenities

• Two private, side-by-side parking spaces plus ample storage.
• Complex features a pool, spa, and barbecue area.
• Small, 10-unit community.
• Owner responsible for water, hot water, trash, and sewer.

Requirements & Notes

• Tenant is responsible for a home warranty policy and renter's insurance.
• Showings will not be scheduled without an accepted offer in place.

Contact Information

Douglas Weitzman
Attorney at Law / Real Estate Broker (DRE # 00614072)
Email: douglas@weitzman.com
Phone: 310-555-9876 (cell)

Note: The agent offers substantial commission discounts/rebates of up to 70% for buyers on other properties.