4314 Allott Avenue

Sherman Oaks, CA 91423

$1,275,000
Last Sold Price
4
Beds
3
Baths
2,112 Sq. Ft.
$604 / Sq. Ft.
2,112
Sq. Ft.
$604
per Sq. Ft.

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 .
  1. 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 Total
2
Private Pool
No
Cooling Type
Central
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2112
LISTING UPDATED: 04/04/2023 09:41 AM

Property Details for 4314 Allott Avenue

StatusClosed
MLS #SR23016627
Days on Market43
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential
Year Built1951
Lot Size0.14 AC / 6,027 SF
CountyLos 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

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Tract Number: 9645
  • Tax Census Tract: 1411.01
  • Tax Lot: 103
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Park, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater
  • Equipment: Dishwasher, In Closet, Microwave, Refrigerator
  • Interior Features: Open Floorplan, Recessed Lighting, Wired for Sound
  • Room Type: Kitchen, Living Room
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Laundry: Yes
  • Laundry Features: In Closet
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Flooring: Concrete, Tile, Wood
Exterior Features
  • Roof: Shingle
  • Structure Type: Triplex
  • Property Condition: Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage, Garage - 2 Car
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Garage, Garage Faces Side, Garage - Two Door

Property History for 4314 Allott Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Beverly and Company, Inc., Rosalyne Cohen, DRE #01973657

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.