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21394785
21394786

13520 Rye St, Los Angeles, CA 91423

Baboudjian Properties
Listed by Baboudjian Properties
$1,995,000
491 days on market
Updated 86 days ago

13520 Rye St.

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,006
Cap Rate 4.70%
NOI $93,757
Price per SqFt $399
Year Built 1956
Buildings 1
Stories 2
Lot Size (SqFt) 4,998

Multifamily | 4.70% CAP

Marketing description

The Rye Apartments is located in Sherman Oaks, one of the most sought-after cities in Los Angeles County. The building is just minutes away from the stores and eateries located at the Westfield Fashion Square. It is also ideally situated near major freeways, making it a quick drive to neighboring cities like Encino, Studio City and Burbank. The apartment complex has 6 units in total and consists of one 3 bedroom 2 bathroom unit and five 1 bedroom 1 bathroom units. There have been various upgrades made throughout some of the units. The unit floor plans are open and spacious, making optimal use of the square footage. Not only does this building have major upside potential, but its location makes it a premier asset for investors in today’s market.

Investment highlights

The Rye Apartments is located in Sherman Oaks, one of the most sought-after cities in Los Angeles County. The building is just minutes away from the stores and eateries located at the Westfield Fashion Square. It is also ideally situated near major freeways, making it a quick drive to neighboring cities like Encino, Studio City and Burbank. The apartment complex has 6 units in total and consists of one 3 bedroom 2 bathroom unit and five 1 bedroom 1 bathroom units. There have been various upgrades made throughout some of the units. The unit floor plans are open and spacious, making optimal use of the square footage. Not only does this building have major upside potential, but its location makes it a premier asset for investors in today’s market.

  1. - Minutes from nearby eateries and shopping - including Westfield Fashion Square and Ventura Boulevard

  2. - Centralized location - near major freeways, making moving around Los Angeles that much easier

  3. - Open floor plans and spacious units

  4. - Located in Sherman Oaks, one of LA's most sought-after cities - and neighboring Encino, Toluca Lake, and Burbank to name a few!

  5. - Upgrades throughout several units

  6. - Well-maintained and easy to manage

Listing Contacts

Baboudjian Properties
Listed by Baboudjian Properties

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$93,757.00
$7,813.08/mo

Valuation Metrics

0
DSCR
4.7%
Cap Rate
4.7%
ROI

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