13444 Moorpark Street

Sherman Oaks, CA 91423

$5,150,000
Price
21
Beds
21
Baths
13,682 Sq. Ft.
$376 / Sq. Ft.
13,682
Sq. Ft.
$376
per Sq. Ft.

Description

13444 Moorpark Street sits on an 11,954-square-foot parcel and features a two-story garden-style building above a semi-subterranean parking garage. The property totals approximately 13,682 gross square feet and offers a unit mix of 11 one-bedroom, one-bathroom units and 5 two-bedroom, two-bathroom units. The building includes underutilized interior courtyards, in-unit fireplaces, and private balconies or patios for each unit. In-place rents reflect a ~14% loss-to-lease, with the potential to achieve...13444 Moorpark Street sits on an 11,954-square-foot parcel and features a two-story garden-style building above a semi-subterranean parking garage. The property totals approximately 13,682 gross square feet and offers a unit mix of 11 one-bedroom, one-bathroom units and 5 two-bedroom, two-bathroom units. The building includes underutilized interior courtyards, in-unit fireplaces, and private balconies or patios for each unit. In-place rents reflect a ~14% loss-to-lease, with the potential to achieve market rents through the implementation of an interior and exterior improvement plan.
  1. Listed by Elliot Hassan • DRE #01481211 • Brokerage DRE #01837608 • NorthMarq Realty Services, Inc.

Property Details for 13444 Moorpark Street

Zoning
LAR3
Parcel Number
2360009053
Total Units
16.0
Living Area
13682
Source Living Area
Vendor Enhanced
Area
Sherman Oaks (SO)
Vacancy Rate
no
Lot Size Area
11934
LISTING UPDATED: 11/18/2024 11:22 AM

Property Details for 13444 Moorpark Street

StatusActive
MLS #24-460199
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.27 AC / 11,934 SF
CountyLos Angeles County

Building Information for 13444 Moorpark Street

Stories-Residences-Year Built1986Building Size-Lot Size0.27 AC / 11,934 SF

Property Information for 13444 Moorpark Street

Community / Development
Community / Development
  • Number Of Units: 16
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Income
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $433,115
  • Net Operating Income: $282,295.00
  • Gross Income: $445,800
  • Cap Rate: 5.48%
  • Gross Rent Multiplier: $11.55
  • Vacancy Allow Dollar: $13,374.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 150820
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.274
  • Lot Size Square Feet: 11934
Parking Details
Parking Details
  • Parking Garage: Gated
  • Total Parking: 0
  • Parking Features: Gated
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-04-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,221.00
  • Unit Actual Rent: $24,426.00
  • Unit Projected Rent: $25,300.00
  • Like Units: 11
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,545.00
  • Unit Actual Rent: $12,724.00
  • Unit Projected Rent: $15,000.00
  • Like Units: 5
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,558,065.00
  • Assessed Improvement Percent: 70.57
  • Assessed Land Value: $649,876.00
  • Assessed Land Percent: 29.43
  • Assessed Total Value: $2,207,941.00

Property History for 13444 Moorpark Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13444 Moorpark Street

Taxable ValueLand$662,873Additions$1,589,226Total$2,252,099
Tax Record2024$29,005 ($2,417 / month)
Home Facts
Total Finished SqFt13,682 SqFtAbove Grade Finished SqFt13,682 SqFtLot Size11,955 SqFtStyleMulti-Family Res (5+ Units)Year Built1986ZoningLAR3CountyLOS ANGELESAPN2360-009-053

Schools near 13444 Moorpark Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Dixie Canyon Community Charter School
CharterK to 5

Louis D. Armstrong Middle School
Charter6 to 8

Ulysses S. Grant Senior High School
Public9 to 12

High Tech LA Middle
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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13444 Moorpark Street is a multi-family home for sale in Sherman Oaks, CA 91423. This property was listed for sale on November 4, 2024 by NorthMarq Realty Services, Inc., it's currently listed at $5,150,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Dixie Canyon Community Charter School, Louis D. Armstrong Middle School and Ulysses S. Grant Senior High School. 13444 Moorpark Street is a 21-bed, 21-bath, 13,682 sqft multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NorthMarq Realty Services, Inc., Elliot Hassan, DRE #01481211

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.