Sherman Oaks, CA 91423 13520 Rye Street
$2,175,000
7 more
Presented By: Jack Baboudjian with Baboudjian Properties Inc.; 626-657-7575
- MLS# GD25019295
- 01/28/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
Baths • 7
SQFT • 5,006
Home Details
The Rye Apartments is located in Sherman Oaks, one of the most sought-after cities in Los Angeles County. The building is just minutes away from the stores and eateries located at the Westfield Fashion Square. It is also ideally situated near major freeways, making it a quick drive to neighboring cities like Encino, Studio City and Burbank. The apartment complex has 6 units in total and consists of one 3 bedroom 2 bathroom unit and five 1 bedroom 1 bathroom units. There have been various upgrades made throughout some of the units. The unit floor plans are open and spacious, making optimal use of the square footage. Not only does this building have major upside potential, but its location makes it a premier asset for investors in today’s market.
Presented By: Jack Baboudjian with Baboudjian Properties Inc.; 626-657-7575
Interior Features for 13520 Rye Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 13520 Rye Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces6.0
Carport Y/NYes
CitySherman Oaks
Community FeaturesCurbs
CountyLos Angeles
DirectionsNorth of Ventura Blvd. and just east of Woodman Ave.
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense1035.0
Garage Spaces0.0
Garage Y/NNo
Gross Income148069.0
HOANo
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet5000.0
Lot Size UnitsSquareFeet
MLS AreaSO - Sherman Oaks
MaintenanceExpense3350.0
MobileHomeRemainsYNNo
Net Operating Income103303.0
New ConstructionNo
Number Of Units Total6
Number of Units Leased5
Operating Expense44766.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot8
Taxes$26,093
Total Actual Rent12339.1
Trash Expense3319.0
Virtual TourClick here
Water Sewer Expense4768.0
Waterfront Y/NNo
Year Built1956
Year Built SourceAssessor
ZoningLAR3
Exterior for 13520 Rye Street
Building Area Total5006.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.1148
Lot Size Area5000.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate