$4,850,000
bedrooms
18
bathrooms
0
square feet
13,380
Acreage
-
Open Houses
-
year built
2007
Full Baths
0
Half Baths
0
We are pleased to present the opportunity to acquire the fee simple interest in all units of a luxury condominium property in prime Sherman Oaks, CA. Greenbush Villas at 4212 Greenbush Avenue comprises six individual condominiums each with its own assessor parcel number, with 2 Units Delivered VACANT. All six condominiums are owned by the original developer and are being sold together. This sale structure gives buyers the opportunity to either continue operating the property as an income-producing multifamily asset or to sell the individual units off with the potential for sizable profits. The property was built in 2007 using podium-style construction that includes a wood-frame structure over a poured concrete base. Each unit has 3 bedrooms and 2.5 baths and each features a bonus room as well as an enclosed loft which is perfectly suited for home office use. Each unit also has its own private rooftop deck, laundry hookups, and a private 2-car garage. There is central heat and air as well as fireplaces throughout. Units feel very much like homes with a massive primary living area and kitchen. Units range in size from 2,100 to over 2,400 square feet. Located just 200 feet north of famed Ventura Boulevard on an idyllic tree-lined block in the best possible part of Sherman Oaks, Greenbush Villas provides tenants with walkable access to some of the area's best restaurants, bars, shops and services. Within a 3-minute stroll are culinary standouts Sushi Note, HomeState, The Great Greek, and Wood and Water. Directly to the north are multi million dollar single family homes. Greenbush Villas is also just one block from highly-regarded Dixie Canyon Community Charter School. There truly is no better location in the San Fernando Valley. Astute investors will have multiple options when choosing how to best leverage this amazing asset. Greenbush Villas is uniquely positioned in the rental market with extremely rare, high-quality, 3-bedroom units that should appeal to families priced out of the local market for single-family homes. Alternatively, the new owner might find that the prevailing value of $1,000,000+ for similar condominiums simply offers too compelling an opportunity for selling the units off individually. Either strategy provides tremendous value-add potential.
Location | |
Subdivision | - |
County | Los Angeles |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Find out more
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MLS number: 25493367
Listing agent:
Eric Dilanian
Listing broker:
Re/Max Commercial & Investment
(310) 802-2500
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Saturday, March 1 2025 at 12:34 p.m. EST
Kotohomes National
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