5259 Sepulveda Boulevard

Sherman Oaks, CA 91411

The Weddington Oaks, a luxurious residential complex located at 5259 Sepulveda Blvd, Sherman Oaks. With 27 stunning units (1 is a non-conforming unit rental unit or office), this prime property offers the lowest price per unit in the highly sought-after neighborhood of Sherman Oaks. Boasting an excellent location near the Sherman Oaks Galleria, this property offers a prime location for residents seeking convenience, entertainment, and access to various amenities. This offering presents a rare opportunity for investors to acquire an excellently located, well-maintained, and one of the lowest price/unit apartments in the Sherman Oaks area. With its diverse unit mix, modern amenities, and strong rental demand, this property offers a solid income stream and potential for long-term value appreciation. Whether you're an astute investor or a 1031 exchange buyer, Weddington Oaks presents an unbeatable opportunity to own a piece of this prestigious community. Built in 1964, Weddington Oaks is situated on a corner lot on Sepulveda Blvd & Weddington Street. It is a three stories apartment with 17,298sf on an LA-R3 zoned 16,591sf lot (buyer to verify). The property has excellent curb appeal and superb visibility along Sepulveda Blvd, making it an easy to advertise and rent community. It has many amenities such as secured entrance with intercom, gated parking, elevator, lobby area, and fenced swimming pool. It offers a diverse unit mix of one (1) x 2bed+2bath, twenty-four (24) x 1bed+1bath, and two (2) x Studio units, catering to a range of tenants' needs. Approximately 13 to 14 units (buyer to verify) have been upgraded with modern upgrades such as wood flooring, smooth ceiling, led lighting, updated kitchen, and updated bathroom. Each unit is thoughtfully designed and equipped with modern amenities, ensuring a comfortable living experience. Additional amenities such as central HVAC, 1 covered parking space, laundry facilities, fenced pool, lobby area, and an elevator enhance the overall appeal of the complex, attracting tenants and contributing to tenant retention. One of the Studio units is a non-conforming unit that can be rented as a unit or utilized as leasing office. The property had recent capital improvements, including new exterior paint, updated pool fence, and update to some units. Parking is provided by covered ground level parking with 2 entrances and the community has 27 parking spaces.

Listing courtesy of Growth Investment Group Pasade ?



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2023 San Diego MLS®.

Data last update at 2023