Sherman Oaks, CA 91401 5370 Circle Drive
$1,499,900
35 more
Presented By: Jim Mangassarian with Realty Executives Homes; 661-904-9383
Beds • 4
Baths • 3
SQFT • 2,401
Garage • 3
Home Details
SHERMAN OAKS Triplex, 3 units with 3 separate addresses! With over 2400 square feet and total of 4 bedrooms & 3 baths on a 5158 square foot lot, currently zoned (LARD1.5). Prime corner lot in the heart of Sherman Oaks with tree lined street, well maintained, beautifully landscaped with pride of ownership. The lower level (5370 Circle Dr.) has a dedicated entrance, it has been renovated and move-in ready, has 2 bedrooms (both have walk-in closets), 1-bathroom, central air, large exclusive outdoor patio, an attached garage. The upstairs (5372 & 5374 Circle Dr.) offers two separate units, both are 1 bedroom, 1 bath each, both units have 3 walls with windows, offering plenty of natural light, plus both have air conditioning, there are also 3 separate garages, each of the 3 units has a private garage, plus plenty of additional parking. All three units are currently tenant occupied and, on a month-month lease. Newer dual pane windows in two of the units, each unit with a separate water heater, gas & electric meter, (plus a separate electric & gas meter for the building). Great location, great opportunity with much potential, don’t miss out on this rare, well kept, highly desirable Sherman Oaks opportunity, ideal for investors, developers and owner occupants.
Presented By: Jim Mangassarian with Realty Executives Homes; 661-904-9383
Interior Features for 5370 Circle Drive
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall, EndUnit
Electric On Property Y/NNo
Fireplace FeaturesBath, DiningRoom, Gas, Kitchen, PrimaryBedroom, Outside
Fireplace Y/NYes
FlooringLaminate
Heating Y/NYes
Laundry FeaturesCommonArea, WasherHookup, LaundryRoom
Total Stories2
Window FeaturesBlinds, DoublePaneWindows, WoodFrames
Other Rooms
Entry Level1
General for 5370 Circle Drive
AccessibilityNoStairs, SeeRemarks
Additional Parcels Y/NNo
AppliancesBuiltInRange, Dishwasher, Disposal, WaterHeater, Washer
Architectural StyleContemporary
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.64
Carport Y/NNo
CitySherman Oaks
Community FeaturesCurbs, Gutters, StreetLights, Sidewalks
Construction MaterialsBlock, Drywall, Frame, Stucco
CoolingCentralAir, WallWindowUnits
CountyLos Angeles
Current FinancingConventional
Days on Market70
DirectionsSouth of Chandler, East of Van Nuys Blvd., West of Hazeltine, Sherman Oaks
DisclosuresCityInspectionRequired, HomeWarranty, RentControl
ElectricElectricityOnProperty, Standard
Electric Expense2220.0
Entry LocationFront & Side
Exterior FeaturesLighting, RainGutters
Facing DirectionNorth
Garage Spaces3.0
Garage Y/NYes
Gross Income1000.0
HOA0.0
HeatingCentral, ForcedAir
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2371.0
Interior FeaturesBlockWalls, CeilingFans, QuartzCounters, RecessedLighting, WalkInClosets
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5160.0
Lot Size UnitsSquareFeet
MLS AreaSO - Sherman Oaks
MaintenanceExpense16857.0
MobileHomeRemainsYNNo
Net Operating Income54570.0
New ConstructionNo
Number of Units Leased3
NumberOfUnitsTotal3
Open Parking Spaces8.0
Operating Expense22648.0
Other StructuresSecondGarage, Sheds
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property ConditionUpdatedRemodeled, Turnkey
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesFireDetectionSystem, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer, SewerTapPaid
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories2
Tax Lot28
Tenant PaysAllUtilities
TermsCash, CashtoNewLoan, Item1031Exchange
Total Actual Rent6351.46
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1950
Year Built SourceAssessor
ZoningLARD1.5
Exterior for 5370 Circle Drive
Building Area Total2401.0
Crops Included Y/NNo
Door FeaturesMirroredClosetDoors
FencingBlock, FairCondition
Foundation DetailsConcretePerimeter, Slab
Horse Y/NNo
InclusionsWasher & dryer in the laundry room.
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, FrontYard, Lawn, Landscaped, NearPublicTransit, Paved, StreetLevel
Lot Size Acres0.1185
Lot Size Area5160.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Open Parking Y/NNo
Parking FeaturesAssigned
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking11.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480