Attention investors, developers and owner-users- a rare opportunity has emerged south of the Boulevard in the heart of Sherman Oaks, just one block away from the vibrant dining, shopping, and trendy Ventura Blvd. This exceptional property offers incredible upside with plans in place for a proposed six-unit development totaling approximately 12,000 square feet-a major head start that can significantly accelerate the path toward construction. Opportunities like this in such a desirable pocket of Sherman Oaks are hard to find. The property currently consists of three units on a month-to-month tenancy, providing immediate income while you plan the next chapter. LOCATION. VISION. OPPORTUNITY.
4909 Coldwater Canyon Avenue presents a premier investment opportunity to acquire a well-maintained 6-unitmultifamily asset in the heart of Sherman Oaks, one of the San Fernando Valley's most resilient and high-demand rental submarkets. Comprising a strategic mix of four spacious one-bedroom/one-bathroom units and two large two bedroom/one-bathroom units, the property offers a classic aesthetic paired with functional layouts that consistently outperform high-density modern developments in tenant retention. Sherman Oaks continues to lead the San Fernando Valley in stability, characterized by tight inventory and a steady influx of high-income professionals. While the broader Los Angeles market has seen fluctuations, the 91423 zip code remains a "top choice" for families and commuters.
Introducing a masterfully reimagined residence in the heart of Sherman Oaks, where modern sophistication meets cutting-edge technology. Located at 4926-4924 Greenbush Avenue, Sherman Oaks, CA 91423, this exceptional property offers 2,448 square feet of refined living space, including a stunning 3-bedroom, 2-bathroom main residence (1,872 sq ft) and a beautifully appointed, fully permitted 1-bedroom, 1-bathroom detached ADU (576 sq ft) with Certificate of Occupancy complete. Every inch of this home has been thoughtfully curated with elevated finishes and seamless smart-home integration. The entire property is enhanced by a whole-house Sonos audio system, Lutron smart lighting, EERO WiFi access points, and an advanced security system featuring 20 Hik Vision cameras, Ring cameras, smart door locks, and a fully integrated intercom system, delivering both convenience and peace of mind at the highest level. Designed for sophisticated indoor-outdoor living, the private grounds create an entertainer's retreat. Enjoy an 85-inch outdoor television, immersive landscape speakers, and customizable RGB landscape lighting that transforms the ambiance with the touch of a button. Inside, the main residence is complemented by a Samsung Frame TV, blending artful design with modern functionality. The detached ADU offers a luxurious and private space ideal for guests, extended family, executive office use, or creative studio, providing flexibility without compromise. A rare offering that embodies elevated California living, turnkey, technologically advanced, and impeccably designed in one of Sherman Oaks most desirable neighborhoods.
LOCATED IN THE DESIRABLE SHERMAN OAKS NEIGHBORHOOD, THIS WELL-MAINTAINED 6-UNIT PROPERTY SITS ON A SPACIOUS 6,248 SQ.FT. LOT AND OFFERS A GREAT MIX OF UNITS, INCLUDING TWO 3-BEDROOM 2 AND ½ BATH WITH A PRIVATE IN-UNIT WASHER/DRYER HOOKUPS, TWO 2-BEDROOM 2 AND ½ BATH WITH A PRIVATE IN-UNIT WASHER/DRYER HOOKUPS, TWO 1-BEDROOM 1 AND ½ BATH WITH A PRIVATE IN-UNIT WASHER/DRYER HOOKUPS. BUILT IN 2022, THE PROPERTY FEATURES 10 GARAGE PARKING AND A QUIET RESIDENTIAL SETTING WHILE BEING CONVENIENTLY CLOSE TO SHOPPING, RESTAURANTS, AND MAJOR FREEWAYS (101 & 405), PROVIDING EASY ACCESS TO EMPLOYMENT HUBS. WITH NO RENT CONTROL, THIS IS A GREAT OPPORTUNITY FOR INVESTORS OR OWNER-OCCUPANTS.
Proudly presenting The Moorpark West, a Fully-Occupied and Entirely Reimagined Trophy 4 Unit in the heart of Sherman Oaks, with an $11,500 Monthly Rent Roll, one block away / walking distance to Ventura Blvd, situated on an expansive 10,500 sq ft lot with endless possibilities. All 4 units are 2BD / 1BA, turn-key and have been extensively remodeled, highlighting updated flooring, Central HVAC, Custom Chef's kitchen w/ Stainless Appliances and Washer/Dryers in each unit. Some of the many upgrades include pristine landscaping, newer windows/plumbing/waste lines, recessed lighting, and updated kitchens, bathrooms and fixtures. Both ground level units have their own private patios, while the upstairs units feature spacious balconies with lots of natural light. The parking is incredible, offering 8 designated spaces, including Two (2) Two Car Detached Garages, which can also be converted to additional units, up to 4 ADUs per SB1211, buyer to confirm w/ City. Low Cost of Maintenance and Ease Of Management, The Moorpark West offers an investor or Owner/User to take over an Exceptional, Low-Maintenance Asset. In a market where much of the income property inventory consists of neglected buildings requiring significant capital improvements, The Moopark West stands out as a turnkey investment opportunity that combines Immediate Cash Flow with Strong Growth Potential.
The Rye Apartments is located in Sherman Oaks, one of the most sought-after cities in Los Angeles County. The building is just minutes away from the stores and eateries located at the Westfield Fashion Square. It is also ideally situated near major freeways, making it a quick drive to neighboring cities like Encino, Studio City and Burbank. The apartment complex has 6 units in total and consists of one 3 bedroom 2 bathroom unit and five 1 bedroom 1 bathroom units. There have been various upgrades made throughout some of the units. The unit floor plans are open and spacious, making optimal use of the square footage. Not only does this building have major upside potential, but its location makes it a premier asset for investors in today’s market.
*Beautifully renovated, contemporary exterior and unit interiors with great curb appeal *Rare opportunity to buy in incredible Sherman Oaks location, walking distance to Ventura Boulevard, the main shopping and dining hub of the valley *Minutes from Westfield Fashion Square, The Shops at Sportsmen's Lodge, and Sherman Oaks Galleria *7 of 10 units renovated in recent years with quartz countertops, stainless steel appliances, modern cabinets, and hardwood style plank flooring *Value-add opportunity with in-place rents averaging $2,185 and market rents over $2,700 *Walk to Dixie Canyon Community Charter School (A- on Niche.com) *Soft-story work completed in March 2019 (allowable bill-back to residents in place) *SB-721 elevated element inspection completed May 2024 (no emergency work required) * Rents shown include one 2+1.5 at market (currently vacant) *See property link to website to download OM
Location! Location! Location! Rare Duplex Opportunity in Prime Sherman Oaks Just one block from Ventura Blvd, this exceptional property features two separate single-family, one-story homes on one lot ideal for owner-users or investors. The front house (4503) was completely rebuilt in 2015 and is currently vacant, with a market rent of $4,000/month. The rear house (4501) was newly constructed in 2015 and is tenant-occupied with a one-year lease through 6/10/2026.Both homes offer open floor plans with high ceilings, modern kitchens, laminate flooring throughout, tankless water heaters, central A/C and heat, and in-unit laundry. Each unit has its own private fenced backyard. Parking includes two private garages plus three additional uncovered spaces. A unique value-add opportunity exists to build a second story on the front house, potentially expanding it to approximately 2,800 sq ft (buyer to verify).Perfect for living in one unit while generating rental income from the other or as a strong dual-rental investment. Call listing agent for additional details.
We are pleased to present 15217 Greenleaf Street in Sherman Oaks. The property features two freestanding residences on an expansive, flat 16,125 square foot lot. The front home is approximately 2,000 square feet with three bedrooms and two bathrooms and will be delivered vacant. The rear home is roughly 1,700 square feet with two bedrooms and two bathrooms and is currently occupied. This setup provides several paths for a future owner, whether that is occupying the front home while generating income from the rear, holding as a long-term investment, or exploring the potential to reimagine the site as a private compound or new luxury development. The property is located just south of Ventura Boulevard and steps from neighborhood staples including Whole Foods, Mizlala, Little Izakaya, Blue Dog Tavern, and a wide range of other restaurants, cafes, and retail options. The location offers quick access to the 405 and 101 freeways, making travel throughout the Valley and the Westside convenient. Sherman Oaks continues to be one of the most sought-after residential pockets in Los Angeles, known for its walkability, strong amenities, and central connectivity.
$200,000 Price Reduction!!! Exceptional Tri-Level Property in Prime Sherman Oaks This spacious and tastefully remodeled tri-level property offers approximately 7,000 square feet across four units — two situated in the front and two in the rear — providing an excellent opportunity for investors or multigenerational living. Each unit includes three bedrooms and three and a half bathrooms, featuring an open floor plan with abundant natural light, new laminate wood flooring, a fireplace, and two private balconies — one off the master bedroom and another off the living room. The kitchens have been fully updated with quartz countertops, stainless-steel appliances, and shaker-style cabinetry. Bedrooms are generously sized, each with an en-suite bathroom and ample closet space, with select units offering walk-in closets. Additional features include central air conditioning, fresh interior paint, in-unit laundry, and attached two-car garages with direct access. Ideally located just steps from Ventura Boulevard, the property offers convenient access to cafés, restaurants, boutique shops, Lake Balboa, and the 101 and 405 freeways. This property combines comfort, space, and a prime location — a rare opportunity in the heart of Sherman Oaks.
Incredible investment opportunity in one of Sherman Oaks' most desirable neighborhoods. This residential income property features a total of 2082 square feet across 3 spacious units, offering strong potential for rental income. Each unit is well-sized, and the property sits on a large lot, providing added space and flexibility. Located in a gorgeous area surrounded by shops, restaurants, and major freeways, this is a rare chance to own a multi-unit property in a highly sought after location. Whether you are looking to expand your portfolio or occupy one unit while renting the others, this property presents a valuable opportunity.
With its high in-place CAP Rate of 6.22%, the property is one of the most attractively priced listings within one of the most desirable neighborhoods of Los Angeles. Because the property does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, a new owner benefits by saving on an otherwise costly expense (Buyer to verify). Expenses are reduced even further by the fact that trash service is provided by the City of Los Angeles at no cost to the landlord. A substantial revenue stream is generated by the property's storage units, which currently provide an additional $1,000 monthly beyond the apartment rental income collected. A new owner may seek to take advantage of the approved architectural plans for two potential ADUs, which could increase both the monthly income and the property value even further. Located near the intersection of Van Nuys Boulevard and Burbank Boulevard, the building attracts residents with its convenient access to the amenities within Sherman Oaks, Studio City, Encino, and Valley Village. Costco and Target are each within a short driving distance, while the Westfield Fashion Square is just 1.7 miles away, with the high-end boutiques and fine dining destinations along Ventura Boulevard less than two miles south
Sherman Oaks is located in California.
