$2,299,000
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4556 Vista Del Monte Avenue, Sherman Oaks, CA 91403

8 Beds
0 Baths
5,782 Sq Ft

This 8-unit, prime value-add property is located North of Ventura Blvd in the highly desirable Sherman Oaks neighborhood, adjacent to Studio City, Valley Glen, and Valley Village. 4556 Vista Del Monte Ave comprises eight 1-bedroom + 1-bathroom units, a total living area of 5,782 sqft, and is situated on an LAR3 Zoned 6,248 sqft lot. This offering presents a rare opportunity for investors to acquire an excellently located apartment building to reposition and upgrade to obtain market premium rents to stabilize at a 5.7%+ Cap rate | 12.9 GRM with the potential to scale and reduce expenses to achieve an even higher rate of return.Investors seeking an asset to employ a value-add strategy can promptly reposition the asset and achieve a higher yield. Four vacant units will allow investors to decide on their own finishes and styles and set market rents. The units are all separately metered for electricity and gas, and the property has a shared laundry room (leased machines). There are 8 tuck-under carport spaces providing easy access for tenants, as well as a private terrace overlooking Hortense St for tenants to use as a common area. With an excellent walk score of 84, this area of Sherman Oaks is a paradise for pedestrians. You can leave your car parked and take a walk down Ventura Blvd to enjoy the city's vibrant atmosphere with plenty of dining, shopping, and employment opportunities nearby. There is also easy access to public transportation and parking, which enables residents to get to offices and businesses nearby with shorter commute times to Studio City, DTLA, and Hollywood.

  • MLS# 22212769
  • Date Listed10/27/2022
  • Bedrooms 8
  • Bathrooms
  • Lot Size 0.14 acres (6,248 sq. ft)
  • County Los Angeles
  • Year Built 1958
  • Square Feet 5,782 sq. ft
  • Price Per Sq. Ft $397.61

Interior Features

  • Flooring Carpet, Tile
  • Heating Wall Furnace

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.14
  • Lot Size SQFT 6,248.00
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 91403

Source: Walkscore

84/100

Very Walkable

Walk Score ®

56/100

Good Transit

Transit Score ®

56/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

10 nearby routes: 10 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 41/100, Transit Score: 29/100, Bike Score: 34/100.

Property Change History

Property Heating updated
OtherWall Furnace
Property description updated with new details

Points of Interest near 4556 Vista Del Monte Avenue, Sherman Oaks, CA 91403

Frequently Asked Questions for 4556 Vista Del Monte Avenue

Source: Realty.com

4556 Vista Del Monte Avenue, Sherman Oaks, CA 91403 is a , Residential Income property listed for $2,299,000 The property is 5782 sq. ft with 8 bedrooms and 0 bathrooms

Realty.com has 31 photos of 4556 Vista Del Monte Avenue.

Our records indicate that 4556 Vista Del Monte Avenue was built in 1958.

The full address for this home is 4556 Vista Del Monte Avenue, Sherman Oaks, CA 91403.

4556 Vista Del Monte Avenue has been listed on Realty.com since Thu October 27, 2022

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 41/100, Transit Score: 29/100, Bike Score: 34/100.

There are 3 schools assigned to this home. Check out the schools near 4556 Vista Del Monte Avenue. Kester Avenue Elementary School (Grades: PK - 5), Van Nuys Middle School (Grades: 6 - 8), Ulysses S. Grant Senior High School (Grades: 9 - 12)

Listing provided courtesy of: Keller Williams Studio City (tel: 818-432-1500)
Listing agent: David Weinberger (tel: 818-970-0915) (#CLW-C115165)

This content last refreshed on 2025-12-02 21:31:31. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 4556 Vista Del Monte Avenue, Sherman Oaks, CA 91403 : MLS# 22212769