4314 Allott Avenue
$1,275,000
4
3
2,112
2,112
$604
Closed 4/4/23
Description
Great investment opportunity for 3 rental income (or 4 -optional) from a single property in the prime neighborhood of Sherman Oaks! This Triplex features a total of 3 units: 2 rented units with 1 bed & 1 bath each with a cozy patio area (one of them was recently remodeled). Third unit features remodeled 2 bedrooms & 1 bath , private backyard and a detached 2-car garage accessible from alley and option to convert to ADU for additional 4th income unit. With RD1.5 zoning , it allows to maximize the...Great investment opportunity for 3 rental income (or 4 -optional) from a single property in the prime neighborhood of Sherman Oaks! This Triplex features a total of 3 units: 2 rented units with 1 bed & 1 bath each with a cozy patio area (one of them was recently remodeled). Third unit features remodeled 2 bedrooms & 1 bath , private backyard and a detached 2-car garage accessible from alley and option to convert to ADU for additional 4th income unit. With RD1.5 zoning , it allows to maximize the potential use of the lot sq. ft and build a total of 4 units for income. This triplex investment lets you live in one unit and rent out the remaining units. The 2 bedrooms unit featuring approx. of 1,200 sq. ft with an open floor plan and has been fully remodeled in kitchen, bathroom, flooring and painting. Recently installed central heating , A/C, interior and exterior surround speakers, newer stucco, plumbing, electrical, roofing, windows, painting ,concrete, sewer, and much more. The property is located in the heart of Sherman Oaks. Conveniently nearby Ventura Boulevard, Starbucks , coffee shops , luxury restaurants, new Whole Foods , Sherman Oaks' finest boutiques, shopping centers, parks, Westfield fashion square mall, and easy access to the 405 & 101 freeways. Don't miss out on this rare opportunity to earn passive income from 3 units and own a Triplex with potential for 4 income units .
- Listed by Rosalyne Cohen • DRE #01973657 • Brokerage DRE #02078273 • Beverly and Company, Inc. • 818-826-9086
Property Details for 4314 Allott Avenue
View
None
Parking Spaces Total2
Private PoolNo
Cooling TypeCentral
Total Units3.0
Building TypeDetached
Lot Size SourceAssessor
Living Area2112
LISTING UPDATED: 04/04/2023 09:41 AM
Property Details for 4314 Allott Avenue
Status | Closed |
---|---|
MLS # | SR23016627 |
Days on Market | 43 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential |
Year Built | 1951 |
Lot Size | 0.14 AC / 6,027 SF |
County | Los Angeles County |
Building Information for 4314 Allott Avenue
Stories1Residences-Year Built1951Building Size-Lot Size0.14 AC / 6,027 SF
Property Information for 4314 Allott Avenue
Property History for 4314 Allott Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4314 Allott Avenue
Taxable ValueLand$918,000Additions$382,500Total$1,300,500
Tax Record2024$15,905 ($1,325 / month)
Home Facts
Total Finished SqFt2,112 SqFtAbove Grade Finished SqFt2,112 SqFtLot Size6,027 SqFtStyleTriplexYear Built1951ZoningLARD1.5CountyLOS ANGELESAPN2360-008-023
Schools near 4314 Allott Avenue
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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