5401 Sepulveda Boulevard, Sherman Oaks, CA 91411, USA

Active

$22,500,000

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