Asking Price: $4,975,000

Trophy location. corner property with an alley in the back . Walk to all restaurants, shops and Sherman Oaks village .This is a great opportunity for investors to acquire these two income producing properties in the densely populated Sherman Oaks neighborhood.This area is situated within the Transit Oriented Communities (TOC) Tier 2. Existing 2 ( FIVE ) unit buildings on two separate lots , Approx proforma annual income of approx. $304,000 . lot size 11,9852 sq.ft. , Living space sq. ft 9,820 sq.ft . 4323 Van Nuys blvd. ( APN # 2276014002) consists of (1) single story 3 br, 2 bath house , (2 ) two br ,1 bath & ( 2) one br,1 bath units .4329 Van Nuys blvd . ( APN # 2276014001) consists of (1 ) 2 Br +den , 1 bath owner's unit and ( 2) two br ,1 bath & (2 ) one br. 1 bath units.A unique Buy & hold or development opportunity for investors and builders in prime area of Sherman Oaks South of Ventura Blvd.Asking price $4,975,000 .Buyer to verify zoning , lot size, age of the building and applicable requirements to develop .