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15507 Moorpark Street
Encino, CA 91436
Sold for $9,800,000

15507 Moorpark Street

Amazing value for an income property with huge potential right off Ventura Blvd on a quiet street in Encino! Strategically located close to the 101 and 405 freeway on ramps, this well-maintained 26,869 SF, 20-unit apartment building comes with four 2 bed/2 bath units, each with unique layout, many beautifully updated and all occupied. Current rent is extremely low for the location and size of the units, allowing for incredible value add with potential to increase rents. Amenities include a spacious lobby, outdoor sitting area, recreation room, gym, and two parking spaces per unit with an additional large subterranean parking garage. In addition to the buildings coveted features, its in a premier location just steps from local restaurants, supermarkets, banks, and an assortment of retail stores. Don't miss out on this rare opportunity off one of the hottest streets in Encino!

 

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