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14857 Hartsook Street Sherman Oaks (los Angeles), CA 91403
5,958 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,958 sqft
Price per Sqft $297
MLS Listing ID CL25616653
HOA Y/N No
Year Built 1960
Lot Size 6,077 Sqft
Acres 0.14
Property Sub-Type Other
Property Description
14857 Hartsook Street is a classic 1960 garden-style apartment building located on a prominent corner lot in prime Sherman Oaks, one of the San Fernando Valley's most sought-after rental submarkets. Comprising six units across approximately 5,958 square feet on a 6,075-square-foot parcel, the property represents a low-maintenance, value-add opportunity with meaningful income growth potential through both traditional renovations and strategic property enhancements. The site's corner positioning, visibility, and location within a strong infill market support stable occupancy and long-term investor appeal. The asset features a highly functional and balanced unit mix consisting of three two-bedroom, one-and-a-half-bath units averaging roughly 991 square feet each and two one-bedroom, one-bath units ranging from approximately 694 to 773 square feet. These larger floor plans cater to family-oriented and long-term tenants, driving lower turnover and strong retention while allowing for substantial rent growth upon natural vacancy. Current in-place rents are estimated to trail neighborhood market levels by approximately 36%, offering a clear value creation pathway through market-standard interior upgrades such as flooring, finishes, appliance packages, and bath refresheswithout requiring
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 2263038023
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Listed by Filip Niculete • Marcus & Millichap