4742 Sepulveda Blvd

Sherman Oaks, CA 91403

$10,275,000
Last Sold Price
36
Beds
39
Baths
26,450 Sq. Ft.
$388 / Sq. Ft.
26,450
Sq. Ft.
$388
per Sq. Ft.

Description

4742 Sepulveda Boulevard, a 19-unit turnkey property that can be delivered with two ADU's ready to rent. Constructed in 2014, this well-maintained trophy asset offers ease of management with 100% rent collection throughout COVID and a 4% cash on cash return starting on day one. Situated just north of Ventura Boulevard, the subject property is located near numerous offices, crowd-favorite restaurants and shopping centers. The 26,450 SF four-story building sits on a 15,276 SF lot, and is comprised...4742 Sepulveda Boulevard, a 19-unit turnkey property that can be delivered with two ADU's ready to rent. Constructed in 2014, this well-maintained trophy asset offers ease of management with 100% rent collection throughout COVID and a 4% cash on cash return starting on day one. Situated just north of Ventura Boulevard, the subject property is located near numerous offices, crowd-favorite restaurants and shopping centers. The 26,450 SF four-story building sits on a 15,276 SF lot, and is comprised of (18) two-bedroom units and (3) studios. The two-bedroom units average approx. 1,200 SF and studio units average approx. 620 SF. Each condo-quality unit features wood/tile flooring, stainless steel appliances, granite countertops, washer/dryer and balcony (only for two-bedrooms). Property amenities include secured entry, elevator, several well-maintained community courtyards, spacious rooftop deck with panoramic views of the San Fernando Valley and approx. 36 parking spots in a gated subterranean garage. With strong in-place tenant profiles and a Class-A location in the heart of the San Fernando Valley, 4742 Sepulveda Boulevard presents the perfect long-term opportunity for any type of investor. Property is subject to LA Rent Stabilization Ordinance.

Listing Agent

  1. Max Berger

    Max Berger

    Listing Agent

    Compass

    DRE #02054048

    max.berger@compass.com

    P: (818)-321-4972

Property Details for 4742 Sepulveda Boulevard

Zoning
LAR3
Cross Streets
Camarillo Street and Sepulveda Boulevard
Parcel Number
2264004043
Total Units
21.0
Living Area
26450
Source Living Area
Vendor Enhanced
Area
Sherman Oaks (SO)
Vacancy Rate
2 Units
LISTING UPDATED: 08/17/2021 12:10 PM

Property Details for 4742 Sepulveda Boulevard

StatusSold
MLS #21-695318
Days on Market104
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2014
Lot Size0.35 AC / 15,176 SF
CountyLos Angeles County
Buyer's Agent Compensation2%

Location

Listing Courtesy of Compass, Max Berger, DRE #02054048

Sold By Compass, Max Berger, DRE #02054048

Add your commute

Building Information for 4742 Sepulveda Boulevard

Stories3Residences-Year Built2014Building Size-Lot Size0.35 AC / 15,176 SF

Payment Calculator

$64,775 per month

30 year fixed, 6.845% Interest

Principal and Interest

$53,835

Property Taxes

$10,940

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4742 Sepulveda Boulevard

Community / Development
Community / Development
  • Number Of Units: 21
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • Security Features: Card/Code Access
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $623,473
  • Net Operating Income: $398,413.00
  • Gross Income: $642,756
  • Cap Rate: 3.76%
  • Gross Rent Multiplier: $16.49
  • Financial Info as Of: 04/26/2021
  • Vacancy Allow Percent: 2.50%
  • Total Annual Expense: 225060
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3484
  • Lot Size Square Feet: 15176
Parking Details
Parking Details
  • Parking Garage: Subterranean, Gated
  • Total Parking: 36
  • Covered Parking: 36
  • Parking Features: Subterranean, Gated
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Wood, Tile
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer, Microwave, Freezer, Refrigerator, Range/Oven
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-19-2021
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,925.00
  • Unit Actual Rent: $2,925.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,895.00
  • Unit Actual Rent: $8,685.00
  • Unit Projected Rent: $9,000.00
  • Like Units: 3
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,850.00
  • Unit Actual Rent: $5,700.00
  • Unit Projected Rent: $6,250.00
  • Like Units: 2
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,825.00
  • Unit Actual Rent: $2,825.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,800.00
  • Unit Actual Rent: $2,800.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,795.00
  • Unit Actual Rent: $2,795.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,775.00
  • Unit Actual Rent: $2,775.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,700.00
  • Unit Actual Rent: $8,100.00
  • Unit Projected Rent: $9,000.00
  • Like Units: 3
Unit 9 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,695.00
  • Unit Actual Rent: $8,085.00
  • Unit Projected Rent: $9,000.00
  • Like Units: 2
Unit 10 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,650.00
  • Unit Actual Rent: $5,300.00
  • Unit Projected Rent: $6,000.00
  • Like Units: 2
Unit 11 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $703.00
  • Unit Actual Rent: $703.00
  • Unit Projected Rent: $850.00
  • Like Units: 1
Unit 12 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,845.00
  • Unit Actual Rent: $5,535.00
  • Unit Projected Rent: $5,535.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $5,495,475.00
  • Assessed Improvement Percent: 76.28
  • Assessed Land Value: $1,708,977.00
  • Assessed Land Percent: 23.72
  • Assessed Total Value: $7,204,452.00

Property History for 4742 Sepulveda Boulevard

DateEvent & SourcePriceAppreciation
Aug 17, 2021

Sold

CLAW #21-695318

$10,275,000—
Aug 17, 2021

Sold

CRMLS #21695318

$10,275,000—
Jun 3, 2021

Pending

CLAW #21-695318

—
Jun 3, 2021

Pending

CRMLS #21695318

—
Jun 3, 2021

Accepting Backup Offers

CLAW #21-695318

—
Jun 3, 2021

Accepting Backup Offers

CRMLS #21695318

—
May 26, 2021

Sold (Public Record)

Public Record #1468515528

$10,275,000—
Apr 26, 2021

Price Change

CRMLS #21695318

$10,600,000—
Apr 26, 2021

Price Change

CLAW #21-695318

$10,600,000—
Feb 19, 2021

Listed (Active)

CLAW #21-695318

$11,025,000—
Feb 19, 2021

Listed (Active)

CRMLS #21695318

$11,025,000—
Dec 16, 2013

Expired

CRMLS #SR13031193

—
Dec 15, 2013

Expired

CLAW #SR13031193CN

$1,947,000—
Feb 25, 2013

Listed (Active)

CLAW #SR13031193CN

$1,947,000—
Feb 25, 2013

Listed (Active)

CRMLS #SR13031193

$1,947,000—
Dec 20, 2007

Sold

CLAW #F1731877CN

$1,010,000—
Dec 20, 2007

Sold

CRMLS #F1731877

$1,010,000—
Oct 20, 2007

Pending

CLAW #F1731877CN

—
Oct 20, 2007

Pending

CRMLS #F1731877

—
Aug 28, 2007

Listed (Active)

CLAW #F1731877CN

$1,295,000—
Aug 28, 2007

Listed (Active)

CRMLS #F1731877

$1,295,000—
DateEvent & SourcePrice
08/17/2021

Sold

CLAW #21-695318

$10,275,000
08/17/2021

Sold

CRMLS #21695318

$10,275,000
06/03/2021

Pending

CLAW #21-695318

—
06/03/2021

Pending

CRMLS #21695318

—
06/03/2021

Accepting Backup Offers

CLAW #21-695318

—
06/03/2021

Accepting Backup Offers

CRMLS #21695318

—
05/26/2021

Sold (Public Record)

Public Record #1468515528

$10,275,000
04/26/2021

Price Change

CRMLS #21695318

$10,600,000
04/26/2021

Price Change

CLAW #21-695318

$10,600,000
02/19/2021

Listed (Active)

CLAW #21-695318

$11,025,000
02/19/2021

Listed (Active)

CRMLS #21695318

$11,025,000
12/16/2013

Expired

CRMLS #SR13031193

—
12/15/2013

Expired

CLAW #SR13031193CN

$1,947,000
02/25/2013

Listed (Active)

CLAW #SR13031193CN

$1,947,000
02/25/2013

Listed (Active)

CRMLS #SR13031193

$1,947,000
12/20/2007

Sold

CLAW #F1731877CN

$1,010,000
12/20/2007

Sold

CRMLS #F1731877

$1,010,000
10/20/2007

Pending

CLAW #F1731877CN

—
10/20/2007

Pending

CRMLS #F1731877

—
08/28/2007

Listed (Active)

CLAW #F1731877CN

$1,295,000
08/28/2007

Listed (Active)

CRMLS #F1731877

$1,295,000

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

Public Records for 4742 Sepulveda Boulevard

Taxable ValueLand$6,242,400Additions$4,447,710Total$10,690,110
Tax Record2024$131,279 ($10,940 / month)
Home Facts
Total Finished SqFt26,450 SqFtAbove Grade Finished SqFt26,450 SqFtLot Size15,176 SqFtStyleMulti-Family Res (5+ Units)Year Built2014ZoningLAR3CountyLOS ANGELESAPN2264-004-043

Schools near 4742 Sepulveda Boulevard

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

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

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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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 Compass, Max Berger, DRE #02054048

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.