Situated in a highly desirable Sherman Oaks neighborhood, 4573 Willis Ave offers unmatched access to essential amenities. Residents can enjoy living in close proximity to a variety of local restaurants, shops, schools, parks, and public transportation. The apartments feature spacious floor plans and a mix of 4 One Bedroom + One Bath Units, 15 Two Bedroom + Two Bath Units, and 3 Three Bedroom + Two Bath Units. Tenant amenities include central air, dishwashers, pool, elevator, controlled access, gated parking. Moreover, with easy access to major freeways like the 101 and I-405, commuting throughout Los Angeles is a breeze, making it an ideal choice for professionals and families alike. The combination of its prime location and well-appointed units makes 4573 Willis Avenue a truly outstanding place to call home, offering a rare opportunity for comfortable, high-quality living in one of LA's most desirable neighborhoods. This is a rare opportunity to purchase a great multifamily property in a terrific Sherman Oaks location.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 41
- Full Bathrooms: 41
Heating and Cooling
- Cooling Features: Central
- Heating Features: Central
Land Info
- Lot Size Acres: 0.4030303
- Lot Size Source: Assessor
- Lot Size Square Feet: 17556
Garage and Parking
- Garage Description: Controlled Entrance, Gated
- Parking Total: 22
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 22
- Unit Type: Apartments
- Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1787, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 2196, 3 BedsTotal: 3, 3 BathsTotal: 2, 3 SquareFeet: 2583
Rental Info
- Gross Scheduled Income: 581821
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Cap Rate: 5.29
- Directions: 6 blocks west of Van Nuys Blvd. and 1/2 block north of Ventura Blvd.
- Source Property Type: Residential Income
- Area: Sherman Oaks
- Source Neighborhood: Sherman Oaks
- Parcel Number: 2264-017-037
- Zoning: LAR3
- Source System Name: C2C
Commercial Info
- Net Operating Income: 322393
- Operating Expense: 259428
Building and Construction
- Total Square Feet Living: 26883
- Year Built: 1964
- Levels: Three Or More Levels
- Living Area Source: Assessor
- Property Age: 61
- Levels or Stories: 3
- Year Built Source: Assessor
Home Features
- Other Equipment: Dishwasher, Elevator, Refrigerator, Range/Oven