15-Unit Apartment
4303 Cedros Avenue, Los Angeles, CA 91403
For Sale
$5,395,000
Pending
Built in 1987, the property offers a consistent mix of two-bedroom, two-bath residences in Sherman Oaks.
Property Size19,584 SF
Lot Size0.29 Acres
Days on Market14
Property Features for 4303 Cedros Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Additional Details
Cap Rate
Amenities
false
30
3
12504
15
62x200
0.2871
Private
19584
1
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
(310) 525-5833
Listed By:
Michael Kamara · License #02062158
Source:
Larryparent
Added: Oct 26
Changed: Nov 7
Last Checked: Nov 7 at 2:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 15-unit apartment property was built in 1987 and contains 19,584 gross square feet. Each residence has two bedrooms and two bathrooms. The property is zoned LARD1.5.
The building is on Cedros Avenue in Sherman Oaks, near the Sherman Oaks Galleria and Ventura Boulevard. The 101 and 405 freeways provide access to other parts of the San Fernando Valley and Los Angeles. The stated initial cap rate is 5.38%, with a potential 6.62% cap rate upon unit turnover.
The building is on Cedros Avenue in Sherman Oaks, near the Sherman Oaks Galleria and Ventura Boulevard. The 101 and 405 freeways provide access to other parts of the San Fernando Valley and Los Angeles. The stated initial cap rate is 5.38%, with a potential 6.62% cap rate upon unit turnover.
Key Highlights
- 15 apartments, each configured with two bedrooms and two bathrooms
- 19,584 gross square feet
- Built in 1987
Property Analytics
Lease Details
15
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,270
Businesses Nearby
Explore this area
Business Placement
Demographics for 91403, CA
25,329
Population
13,095
Households
1.9
Avg Household Size
40
Median Age
68%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
7,036
Density / Sq Mi
$114,348
Median Household Income
$70,449
Median Earnings
$2,437
Median Rent
$1,467,900
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1987, the property offers a consistent mix of two-bedroom, two-bath residences in Sherman Oaks.
Where is this apartment building located?
The property is located at 4303 Cedros Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,395,000.
What are key features of this property?
This property features: 15 apartments, each configured with two bedrooms and two bathrooms; 19,584 gross square feet; Built in 1987
