Sherman Oaks (los Angeles), CA 91403,4321 Saugus Avenue

$3,110,000

Est. payment /mo

$3,900,000

20.3%
Est.Price: ?

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4321 Saugus Avenue Sherman Oaks (los Angeles), CA 91403

11,010 SqFt

SOLD DATE : 08/25/2025

Key Details

Sold Price $3,110,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 11,010 sqft

Price per Sqft $282

MLS Listing ID CL25532977

Year Built 1953

Lot Size 0.288 Acres

Property Sub-Type Other

Property Description

4321 Saugus Avenue is a 12-unit apartment building being offered for sale that has been owned by the same family for multiple generations. 4321 Saugus Avenue is located South of Ventura Boulevard and adjacent to the 405 Freeway, considered one of SFV's most prestigious and desirable rental markets, and offers easy access to an enormous and diverse set of employers. The immediate area has historically provided investors with exceptional long-term capital appreciation and wealth preservation. 4321 Saugus Avenue, built in 1953 and comprised of 11,010 SF of improvements, features oversized apartments and an ideal unit composition of eight (6) One-Bedroom | One-Bathroom units and four (4) Two-Bedroom | Two-Bathroom units. The building resides in a quiet residential neighborhood with manicured landscaping. The offering is situated on a large Corner parcel measuring 12,557 square feet. Resident amenities include parking for 11 vehicles, a common-area laundry room, gated entry, manicured landscaping, and well-kept common areas. Sherman Oaks is one of LA's most stable and desirable suburban neighborhoods. Furthermore, the subject property offers residents access to a myriad of entertainment venues, travel corridors, and dining options in and around the surrounding neighborhoods.

Location

State CA

County Los Angeles

Zoning LAR3

Building

New Construction No

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Bridge MLS
Listed by Nick Astrupgaard • KW Commercial Studio City
Bought with RichJohns
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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