4314 Allott Avenue

Great investment opportunity for 3 rental income (or 4 -optional) from a single property in the prime neighborhood of Sherman Oaks! This Triplex features a total of 3 units: 2 rented units with 1 bed & 1 bath each with a cozy patio area (one of them was recently remodeled). Third unit features remodeled 2 bedrooms & 1… bath , private backyard and a detached 2-car garage accessible from alley and option to convert to ADU for additional 4th income unit. With RD1.5 zoning , it allows to maximize the potential use of the lot sq. ft and build a total of 4 units for income. This triplex investment lets you live in one unit and rent out the remaining units. The 2 bedrooms unit featuring approx. of 1,200 sq. ft with an open floor plan and has been fully remodeled in kitchen, bathroom, flooring and painting. Recently installed central heating , A/C, interior and exterior surround speakers, newer stucco, plumbing, electrical, roofing, windows, painting ,concrete, sewer, and much more. The property is located in the heart of Sherman Oaks. Conveniently nearby Ventura Boulevard, Starbucks , coffee shops , luxury restaurants, new Whole Foods , Sherman Oaks' finest boutiques, shopping centers, parks, Westfield fashion square mall, and easy access to the 405 & 101 freeways. Don't miss out on this rare opportunity to earn passive income from 3 units and own a Triplex with potential for 4 income units . Read More