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Kingston Apartments
Property Description
Hirsch Sherman and Jared Levine of KW Commercial, the exclusive listing agents, are pleased to present the opportunity to acquire the Kingston Apartments in desirable submarket of Sherman Oaks. This offering includes ninety-one (91) units across two (2) buildings with an approximate 33,114 SF footprint sitting on a 60,447 SF lot zoned LAR3. Amenities for the tenants include two sparkling swimming pools, BBQ areas, laundry, 92 parking spaces and secured access.
Contact Agent
Jared Levine
Hirsch Sherman
(818) 657-6556
Property Details
Property Type
Multifamily
Units
Size
Year Built
91
33,114 SF
1960
GRM
15.56
Market GRM
12.77
CAP Rate
3.25
Market CAP Rate
4.61
Cost Per Unit
$247,253
Cost Per Foot
$679
Property Location
5401 Sepulveda Boulevard, Sherman Oaks, CA 91411, USA
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