4525 Hazeltine Avenue, Sherman Oaks, CA 91423

I am pleased to offer for sale, for the first time in over 40 years, 4525-4531 Hazeltine Avenue. The subject property is a 12-unit apartment building located in Sherman Oaks, one of the preeminent markets in Los Angeles. Consisting of two, six-unit buildings on separate parcels totaling over 12,000 square feet, the subject property is comprised of eight one-bedroom units and four two bedroom units. Built in 1954, the subject property has been owned by the same family for over 40 years. While the building has been well-maintained, the property is ideally suited for a comprehensive renovation that would allow investors the ability to increase rental income by more than 63% post renovation. Given the property’s prime Sherman Oaks location and significant value add component, 4525 – 4531 Hazeltine Avenue is positioned to provide investors with healthy upside potential and long-term appreciation. APNs 2265-023-033, 2265-023-035