Active

4212 Greenbush Ave

Sherman Oaks CA, 91423

$4,850,000


$362.48 per sqft

Active

18 Beds

15 Baths

13,380 sqft

Multi-family

Built in 2007

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.

25493367

MLS ID

February 3, 2025

Listed

February 12, 2025

Updated

Interior Features

Total Stories

4


Bedrooms

18


Total Bathrooms

15


Appliances

Other


Laundry Description

In Unit


Fireplace

No


Cooling

Yes


Cooling Description

Central, Air Conditioning


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.19 Acres


Patio And Porch

Patio Open

Other Property Details

Area Name

Sherman Oaks


Days on Market

8


Garage

Yes


Parking

Garage - 2 Car


Parking Total

12


View

No


County

Los Angeles


Pool

No

Listed by Eric Dilanian with Remax Commercial and Investment Realty
Listing Contact: 213-233-4379 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Peter Mac shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/12/2025

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