Sherman Oaks CA Real Estate &

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Beds:
5
Baths:
3.00
Sq.Ft.:
2,484
Status:
Active
MLS#:
26991673
Type:
Cluster
Lot size:
0.15 Acres
Year built:
1940
Listed by The Agency Rebekah Schwartz Sklar
View additional info

ADDITIONAL INFORMATION

This South of Ventura Blvd property presents an excellent opportunity for an investor or owner-user seeking a well-maintained three-unit property in a desirable Sherman Oaks location. The property features three separate, freestanding units with no common walls, offering privacy and flexibility. The property consists of two 2-bedroom, 1-bath units and one studio, with all three units currently occupied and generating a combined monthly rental income of $7,156.The total building area is approximately 2,484 square feet on a 6,726-square-foot lot. The front unit, located on Dickens Street, features two bedrooms, a den, one bath, a remodeled kitchen, and inside laundry, along with two driveway parking spaces. The middle unit also offers two bedrooms and one bath, a remodeled kitchen, inside laundry, and two-car tandem parking accessed from the alley. The rear unit is a freestanding studio with two-car tandem parking.All units are separately metered for gas and electric. The front and middle units have central air and heat, while the rear studio has a window air-conditioning unit. All three units have newer electrical panels, and the middle unit has a newer roof. Units one and three have newer water heaters.Ideally located south of Ventura Boulevard and west of Van Nuys Boulevard, this property offers convenient access to shopping, dining, entertainment, and transportation. A compelling opportunity to acquire a three-unit Sherman Oaks property with established rental income and valuable upside potential.

Beds:
5
Baths:
8.00
Sq.Ft.:
3,748
Status:
Active
MLS#:
26991271
Type:
Cluster
Lot size:
0.13 Acres
Year built:
1957
Listed by Equity Union Eliyahu Appel
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ADDITIONAL INFORMATION

New Price!! 13444 Burbank Blvd offers investors the opportunity to acquire a seven-unit multifamily asset in a central Sherman Oaks location, positioned along one of the San Fernando Valley's most connected east-west corridors.The property combines stable in-place income, clear rental upside, and an attractive basis in one of the Valley's most consistently desirable rental markets. Currently generating a 5.77% current cap rate, the asset offers investors a clear path to improved performance, with projected market rents supports an 8.89% market cap rate and a reduction from an 10.99x current GRM to an 8.19x market GRM. A major differentiator is the front unit, which offers a rare house-like living experience within a multifamily setting. Featuring its own private front yard and tandem parking spaces directly in front, the unit provides the feel and functionality of a standalone home while still benefiting from the income generated by the remaining units. This creates a compelling opportunity for an owner-user to occupy the front unit, enjoy a more private residential environment, and offset ownership costs through rental income.The unit mix includes a combination of 2 two bedrooms, 1 one bedroom, 4 studios layout. The property has undergone meaningful capital improvements, including a full copper pipe upgrade throughout, reducing long-term maintenance and utility costs for a new owner. Three units have been renovated within the past three years, featuring upgraded flooring, countertops, windows, and light fixtures, providing a clear renovation blueprint for repositioning the remaining units and capturing the embedded rent upside. Select units benefit from desirable tenant features including parking, front and rear access, outdoor space, patio areas, and central A/C, creating a more livable experience than typical small-unit apartment product. The value-add story is clear and measurable. Current scheduled gross income is approximately $131,916 annually, while projected market income reaches approximately $178,500 annually, representing meaningful embedded rental upside. With one single unit currently vacant, a new investor has the ability to begin improving income immediately while continuing to reposition the remaining units over time.

Beds:
19
Baths:
30.00
Sq.Ft.:
20,182
Status:
Active
MLS#:
26994093
Type:
Cluster
Lot size:
0.55 Acres
Year built:
1956
Listed by Marcus & Millichap Filip Niculete
View additional info

ADDITIONAL INFORMATION

We are pleased to present Park Seville Apartments, a 30-unit apartment community at 14065 Moorpark St in Sherman Oaks, one block north of Ventura Blvd. The two-story courtyard building was completed in 1956 and holds eleven singles, ten one bedroom and nine two bedroom units, 20,182 gross square feet on a 23,875 square foot lot. The units wrap a landscaped interior courtyard with a pool, and the building has an entry lobby, an on-site coin laundry and garage parking on the rear drive.The investment case is rent growth on turnover with the seismic work already done. Scheduled rent of $657,436 grows to $804,600 at market, about 22% upside. The Chapter 93 soft-story retrofit received its Certificate of Compliance on May 29, 2026, and the building has been updated with circuit breakers (2015) and a new common-area water heater (2022).The property is fully occupied on the September 2026 rent roll. Six units have leased since February 2026, including four two bedrooms at $2,395 to $2,695 a month, and the two bedroom market rent is the $2,695 August 2026 lease. The offering fits value-add operators and 1031 buyers looking for scale in a core Valley submarket.The property sits on Moorpark St at Hazeltine Ave, about 500 feet north of Ventura Blvd, the Valley's main dining, retail and office corridor. Westfield Fashion Square is 0.45 miles north on Riverside Dr. Walk Score rates the block 87.The Ventura Freeway (101) runs a few blocks north of the property, and its interchange with the San Diego Freeway (405) puts the Westside and downtown within reach. Sherman Oaks Hospital is 0.85 miles northwest, and Van Nuys Sherman Oaks Park is 0.66 miles away. Sherman Oaks Galleria is 1.6 miles west.Notre Dame High School and The Buckley School are each 0.8 miles away, and Harvard- Westlake is 1.7 miles southeast. Universal Studios Hollywood is 5.0 miles east and Warner Bros. Studios 5.7 miles east, anchoring the entertainment employment base that drives rental demand in Sherman Oaks. updated with circuit breakers (2015) and a new common-area water heater (2022). market rent is the $2,695 August 2026 lease. The offering fits value-add operators and 1031 buyers looking for scale in a core Valley submarket.

Beds:
n/a
Baths:
Sq.Ft.:
4,998
Status:
Active
MLS#:
GD26198579
Type:
Apartment
Lot size:
0.11 Acres
Year built:
1956
Listed by Baboudjian Properties Inc. Jack Baboudjian
View additional info

ADDITIONAL INFORMATION

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 and Ventura Boulevard. 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.

Beds:
n/a
Baths:
Sq.Ft.:
3,126
Status:
Active
MLS#:
SR26188990
Type:
Triplex
Lot size:
0.13 Acres
Year built:
2026
Listed by Brandolino Group Carla Acosta
View additional info

ADDITIONAL INFORMATION

4335 Sunnyslope is a unique three-unit opportunity for the savvy buyer or investor, featuring two brand-new residences directly behind the original front home. The newly constructed rear units offer 2-bedroom layouts—one with 2 baths and the larger owner’s unit with 2.5 baths—featuring natural-tone vinyl flooring, stainless steel appliances, stackable washers and dryers, private patios, and separate meters. The front house shows as a 3 bedroom 2 bath with updated kitchen, bathrooms, rear patio, and front yard space. The front home is tenant occupied, one new rear unit will be delivered vacant. Live in the larger owner’s unit and collect rent from the other two, or lease all three as an income-producing investment. Just steps from Ventura Boulevard and Moorpark Street and moments from The Shops at Sportsmen’s Lodge, Equinox, and Erewhon, this is a compelling opportunity to live, invest, and generate income in one of the area’s most convenient locations.

Beds:
n/a
Baths:
Sq.Ft.:
14,136
Status:
Active
MLS#:
SR26182561
Type:
Apartment
Lot size:
0.36 Acres
Year built:
1958
Listed by D.M.C. Real Estate Co. Simon Asef
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ADDITIONAL INFORMATION

16 units, comprised of 2 buildings (2 APN's) therefore on-site management not required. 4824 Hazeltine consits of 8 units, with its mirror 4832 Hazeltine Ave consisting of 8 units. Ideal unit mix. 16 parking spaces. Mostly renovated units. Tranquil courtyard providing an inviting environment. Across from not one but two Trader Joe's!, Across from Van Nuys/Sherman Oaks Park, and steps away from Westfield Fashion Square mall. Tenants benefit from immediate access to everyday conveniences, lifestyle amenities, and neighborhood services that enhance overall livability. The surrounding area supports strong walkability and remains one of the most sought after residential pockets in the Valley. DO NOT DISTURB TENANTS!

Beds:
n/a
Baths:
Sq.Ft.:
1,872
Status:
Active
MLS#:
SR26172852
Type:
Duplex
Lot size:
0.14 Acres
Year built:
1951
Listed by Century 21 Hollywood Edward Frish
View additional info

ADDITIONAL INFORMATION

Two Homes. One Outstanding Sherman Oaks Opportunity! Welcome to 5743–5745 Kester Avenue, a desirable duplex offering flexibility, valuable improvements, and excellent long-term potential. Ideal for an owner-user who wants to live in one residence and rent the other, an investor expanding a portfolio, or a multigenerational household seeking separate living spaces. Both units feature hardwood flooring, newer windows, smooth ceilings with no popcorn texture, and comfortable, light-filled interiors. One residence has been further enhanced with a remodeled kitchen, creating a fresh and inviting space for cooking and entertaining. A newer roof provides added peace of mind, while the detached two-car garage at the rear offers convenient parking and additional storage possibilities. Opportunities like this are increasingly difficult to find in Sherman Oaks. Enjoy the income potential of a duplex while retaining the lifestyle and flexibility of two separate residences. Bring your vision and discover the many possibilities this property offers. Live in one, rent the other—or add a well-located multifamily property to your investment portfolio. Don’t miss it!

Beds:
n/a
Baths:
Sq.Ft.:
6,270
Status:
Active
MLS#:
SR26170746
Type:
Apartment
Lot size:
0.15 Acres
Year built:
2008
Listed by Sotheby's International Realty Darius Majlessi
View additional info

ADDITIONAL INFORMATION

5 Townhomes in prime Sherman Oaks, just steps from Ventura Boulevard. Located at 4325 Stern Avenue and built in 2008, this exceptional property offers a rare and valuable feature: each of the five units has its own APN, presenting a unique opportunity for future condo conversion. All units are thoughtfully possess 3 bedrooms and 2.5 bathrooms, and include private garages, rooftop decks, and in-unit laundry—ideal for modern living and strong rental appeal. Perfectly positioned with easy access to the Westside, the property is surrounded by top-tier amenities including Whole Foods, Trader Joe’s, Fashion Square, and convenient access to the 101 and 405 freeways. Residents also enjoy being within walking distance to some of Sherman Oaks’ most popular dining destinations, including Sweet Butter, Taisho, Casita, Pizzana, Petit Trois, and BLVD Steak. A rare investment opportunity in one of the Valley’s most sought-after neighborhoods with a Walk Score of 87 (Very Walkable).

Beds:
n/a
Baths:
Sq.Ft.:
1,426
Status:
Active
MLS#:
SR26164752
Type:
Cluster
Lot size:
0.22 Acres
Year built:
1937
Listed by Keller Williams World Media Center Danny Umana
View additional info

ADDITIONAL INFORMATION

Situated on an expansive 9,386 SF corner lot with alley access, this versatile multi-unit property in a desirable Sherman Oaks neighborhood in the City of Van Nuys offers incredible flexibility for homeowners or investors alike. The main residence features 4 bedrooms and 3 bathrooms across 1,030 SF of living space (buyer to verify permitted spaces). Adding fantastic rental income potential or multi- living, the fully permitted 1-bedroom, 1-bathroom ADU boasts 396 SF and its own private entry. Designed for modern efficiency and convenience, both units feature separate electric panels, individual meters, eco-friendly solar panels, and two carports. Outdoor living shines with a large pool and spa, making this a rare find with endless potential.

Beds:
12
Baths:
8.00
Sq.Ft.:
5,992
Status:
Active
MLS#:
26865127
Type:
Cluster
Lot size:
0.12 Acres
Year built:
2024
Listed by Marcus & Millichap Brett Sanson
View additional info

ADDITIONAL INFORMATION

Perfect Owner/User or Investment Opportunity....New construction in prime Sherman Oaks, this boutique 4-unit apartment building offers a rare opportunity to acquire a 2024 built multifamily asset in one of the San Fernando Valley's most desirable rental markets. Ideally located within walking distance of Ventura Boulevard's restaurants, coffee shops, retail, and everyday conveniences, the property combines modern design, strong tenant appeal, and an exceptional walkable location.Each spacious residence features a three-bedroom, two-bath floor plan with high ceilings, an open-concept living area, and a well-appointed kitchen designed for today's renters. In-unit washer and dryer, central AC & Heat with Google Nest, generous room sizes, cozy balcony and contemporary finishes enhance comfort and convenience, while the efficient layouts create a bright, functional living environment. Each unit is approximately 1,500 SF. The building includes a security camera system and gated ground-level covered parking with elevator access to the residential units, providing a level of convenience and privacy rarely found in smaller multifamily properties. With newer construction, desirable unit mix, premium amenities, and a coveted Sherman Oaks location near Ventura Boulevard, this asset is well positioned for long-term ownership, strong rental demand, and lasting value. ***Property is currently vacant***

Beds:
n/a
Baths:
Sq.Ft.:
1,835
Status:
Active
MLS#:
SR26159546
Type:
Duplex
Lot size:
0.16 Acres
Year built:
1958
Listed by Berkshire Hathaway HomeServices California Properties Mario Acosta
View additional info

ADDITIONAL INFORMATION

Exceptional duplex opportunity in desirable North Sherman Oaks within sought-after Kester Elementary School District, offering a well-maintained 2-unit property on a large lot with potential long-term upside. Located on a pleasant tree-lined street surrounded by small income properties and single-family homes, this property presents multiple possible paths for an investor or developer. The lot may offer development potential under SB 79 Tier 2 for a possible 3-story, mixed-income project of up to 11 units, or potential ADU and Jr. ADU options; buyer to independently verify all zoning, unit count, development feasibility, permits, and requirements with the City. Each unit features 2 Bedrooms and 1 Bathroom and was fully remodeled inside in 2013 with updated kitchens, cabinetry, countertops, appliances, bathrooms, refinished wood floors, new vinyl flooring in the kitchen, bath, and laundry areas, plus newer windows throughout. Both units also include central air and heat, and the composition roof has been recently replaced in 2024. The property offers a detached 2-car garage assigned to one unit, additional exterior parking, and a spacious rear yard area with parking flexibility. The front unit enjoys a beautifully landscaped private yard with mature hedges. Both units are currently rented and offer an excellent opportunity to acquire a clean income property with immediate rental income and future development potential in a strong Sherman Oaks location.

Beds:
5
Baths:
5.00
Sq.Ft.:
2,964
Status:
Active
MLS#:
26849143
Type:
Cluster
Lot size:
0.2 Acres
Year built:
1976
Listed by Marcus & Millichap Neema Ahadian
View additional info

ADDITIONAL INFORMATION

We are pleased to present 4747 Orion Avenue, a4-unit multifamily investment opportunity situated in the heart of Sherman Oaks, just moments from Ventura Boulevard and the101/405 interchange - one of the San Fernando Valley's most desirable and supply-constrained rental submarkets. The property features three one-bedroom/one-bath units and one two-bedroom/two-bath unit across approximately 2,964 gross square feet, sitting on a spacious 8,755 SF lot. One unit will be delivered vacant at the close of escrow, providing an incoming investor with immediate market rate income for that unit from day one. At the asking price of $1,350,000, the property is offered at $337,500 per unit and $455 per square foot at a market cap rate of 4.88% and market GIM of 11.97 - representing approximately 24% revenue upside as below-market leases roll to current levels. R3-1 zoning on an 8,755 SF lot unlocks meaningful development optionality. Base density supports up to 10 units by right at 1unit per 800 SF of lot area, with additional density achievable through Density Bonus, SB 9, and state housing provisions - all of which have seen active uptake throughout Sherman Oaks. Buyer to verify. The surrounding submarket has attracted significant institutional capital, with IMT Residential's 249-unit Citrus Commons and 325-unit Via Avanti either recently delivered or nearing completion within close proximity, validating deep and sustained investor conviction in the Sherman Oaks multifamily market. Metro's East San Fernando Valley Light Rail is currently under construction along Van Nuys Boulevard, with 11 stations planned between the G Line and Pacoima. Additionally, the Sepulveda Transit Corridor - a proposed high-capacity rail connection linking the Valley to the Westside - is advancing through environmental review, with a corridor alignment running through Sherman Oaks.

Beds:
4
Baths:
6.00
Sq.Ft.:
3,414
Status:
Active
MLS#:
26845253
Type:
Cluster
Lot size:
0.17 Acres
Year built:
2020
Listed by Sotheby's International Realty Allen Roth
View additional info

ADDITIONAL INFORMATION

Being sold with tenant in place. Current lease rate $16,500 per month through November 30, 2028. This privately situated estate on a gated corner lot presents an exceptional opportunity to acquire a fully curated, turnkey residence combining luxury, privacy, and investment stability. Thoughtfully designed with an emphasis on quality craftsmanship and modern convenience, the home features Control4 smart home integration, advanced security systems, and sophisticated interiors by Interior Particulier, complete with designer furnishings and custom finishes included in the sale. Designed for both comfortable everyday living and elevated entertaining, the residence offers 4 bedrooms with ensuite bathrooms, including one currently configured as a private office, along with two additional powder rooms. The expansive primary suite serves as a true retreat, featuring a fireplace, generous walk-in closet, private terrace, and a spa-inspired bath with refined finishes and tranquil ambiance. Seamless indoor-outdoor living defines the property, with walls of glass opening to a resort-style exterior setting complete with a heated pool and spa, dedicated pool house with half bath, built-in grilling station, and multiple lounge and entertaining areas surrounded by mature landscaping. Blending privacy, technology, and timeless design, this is a rare offering ideally suited for both end-users and investors alike.

Beds:
12
Baths:
12.00
Sq.Ft.:
6,701
Status:
Active
MLS#:
26841753
Type:
Cluster
Lot size:
0.13 Acres
Year built:
2021
Listed by Onward Capital, Inc. Serena Shlomof
View additional info

ADDITIONAL INFORMATION

Onward Capital, as exclusive broker, is pleased to present 15328 WeddingstonStreet, a-newer (2021) 4-unit complex(comprised of two detached duplexes) for sale in the highly desirable neighborhood of Sherman Oaks, Los Angeles.This contemporary property features two detached buildings, each consisting of two spacious tri-level townhomes. All units offer 3 bedrooms and 3 bathrooms, thoughtfully designed with open-concept living spaces, high ceilings, and premium finishes throughout.The interiors showcase designer kitchens with modern cabinetry, stainless-steel appliances, en-suite bedrooms, and large walk-in closets, combining sophistication and comfort. Each unit includes private outdoor space, in-unit laundry, and dedicated parking, creating a turnkey, low-maintenance investment.Perfectly situated in the heart of Sherman Oaks, the property offers seamless access to neighboring communities such as Studio City, Encino, and Van Nuys, as well as major freeways, shopping, dining, and entertainment along Ventura Boulevard. With strong rental demand and a non-rent-controlled designation, this is a rare opportunity to acquire a newly constructed multifamily asset in one of Los Angeles' most desirable and stable rental markets. 5.% CAP NON RENT CONTROLLED, TURNKEY, FULLY OCCUPIED

Beds:
n/a
Baths:
Sq.Ft.:
8,957
Status:
Active
MLS#:
BB26108071
Type:
Apartment
Lot size:
0.2 Acres
Year built:
1964
Listed by Coldwell Banker Hallmark Realty Sarkis Kalinyan
View additional info

ADDITIONAL INFORMATION

This well-maintained 9-unit apartment building in Sherman Oaks features a desirable unit mix consisting of (4) 2 bed/2 bath unit, (5) 1 bed/1 bath unit, situated on an 8,749 sq ft lot, the property offers approximately 8,957 rentable square feet. The unit mix supports stable, long-term tenancy and helps minimize turnover. The property is fully occupied with all units currently leased. Extensive upgrades have been completed throughout the property granite and sizar stone counter tops, stainless still appliance, including exterior improvements and painting, and fully renovated interiors Smart utility management and sustainable operational features are key to optimizing net operating income. 14218 Sylvan St is equipped with rooftop solar water heating along with two dedicated water reservoirs, helping reduce utility overhead and supporting sustained operational resilience. In modern multifamily management, energy and water infrastructure upgrades represent measurable bottom-line value. Conveniently located near the 405, 101, and 170 freeways, the property provides excellent accessibility. It is next to Citi Hall Court House Federal Buildings and just minutes from Ventura Boulevard, offering a wide variety of dining, shopping, and entertainment options, as well as nearby public transportation with easy access to Encino, Woodland Hills, North Hollywood, Burbank, Hollywood, and Downtown Los Angeles.

Beds:
4
Baths:
4.00
Sq.Ft.:
3,588
Status:
Active
MLS#:
26661779
Type:
Cluster
Lot size:
0.15 Acres
Year built:
1955
Listed by Kidder Mathews of California, Inc. Joshua Luchs
View additional info

ADDITIONAL INFORMATION

14722 Magnolia Blvd presents a rare opportunity to acquire a well-maintained, four-unit multifamily asset in the heart of Sherman Oaks, one of the San Fernando Valley's most desirable rental markets. The property consists of four spacious two bedroom units, offering an attractive unit mix ideally suited for long-term tenancy in a high-demand submarket. The building has been thought fully maintained and upgraded, featuring wood flooring throughout, copper plumbing, and upgraded electrical systems key capital improvements that enhance long-term operational efficiency and reduce deferred maintenance exposure. The owner's unit further distinguishes the property with in unit washer/dryer, a tankless water heater, and a private patio, providing enhanced livability and positioning for premium rental upside. The property includes eight on-site parking spaces, half of which are currently situated in two front garages. Importantly, the offering includes approved architectural plans with ready to-issue permits for the construction of two additional one-bedroom units. This embedded value-add component allows a new owner to meaningfully increase density and income potential with minimal entitlement risk an increasingly rare opportunity in Los Angeles. The expansion potential, combined with the property's existing stability, offers investors a clear path to increased NOI and long-term appreciation. Strategically located along Magnolia Boulevard, the asset benefits from proximity to Ventura Boulevard's retail, dining, and employment amenities, strong surrounding demographics, and consistent tenant demand. 14722 Magnolia Blvd represents a compelling opportunity to acquire a stabilized asset with significant upside in one of the Valley's premier multifamily submarkets.

Beds:
n/a
Baths:
Sq.Ft.:
2,082
Status:
Active
MLS#:
GD25190151
Type:
Triplex
Lot size:
0.16 Acres
Year built:
1949
Listed by JohnHart Real Estate Raffi Soualian
View additional info

ADDITIONAL INFORMATION

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.

Beds:
8
Baths:
6.00
Sq.Ft.:
4,618
Status:
Active
MLS#:
25569175
Type:
Cluster
Lot size:
0.16 Acres
Year built:
1952
Listed by Marcus & Millichap Roderick 'Rick' Raymundo
View additional info

ADDITIONAL INFORMATION

With its high in-place CAP Rate of 6.58%, 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.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.

Beds:
n/a
Baths:
Sq.Ft.:
9,409
Status:
Active
MLS#:
PV25148646
Type:
Apartment
Lot size:
0.29 Acres
Year built:
1964
Listed by Coldwell Banker Realty Frank Ponce
View additional info

ADDITIONAL INFORMATION

Unlock the potential of a truly exceptional investment in the heart of Sherman Oaks. This 10-unit apartment complex is ideally positioned just steps from the bustling retail and dining corridor of Magnolia Boulevard, one of the most dynamic and desirable destinations in the San Fernando Valley. This location offers immediate access to everything today's renters desire—walkable amenities, top-rated schools, trendy cafes, fitness studios, and convenient freeway access via the 101 and 405. It’s a location that commands attention and attracts high-quality, long-term tenants. The property itself is a rare find: spacious, townhouse-style units that provide residents with the comfort and feel of a home rather than a typical apartment. These desirable layouts, coupled with features like central air and heat, hardwood floors, fireplaces, private patios, and on-site gated parking, set this asset apart from others in the market. The building has already undergone key capital improvements including a brand-new roof and completed soft-story seismic retrofitting, positioning it for long-term stability and low maintenance. This is a true hidden gem—gated, private, and exclusive—nestled within one of the most in-demand rental pockets in Sherman Oaks. Known for its low vacancy rates and strong tenant demand, this area is a magnet for professionals and families seeking lifestyle, convenience, and comfort. From an investment standpoint, the numbers speak for themselves: with a 43.67% potential upside in rents, this property is a prime reposition opportunity in a market where rent growth continues to climb. With limited new rental inventory in the area and increasing demand for larger, well-located units, this property stands to significantly increase cash flow post-renovation or strategic upgrades. Whether you're looking to add a trophy asset to your portfolio or secure a high-performing investment in a blue-chip neighborhood, this Sherman Oaks multifamily offering checks all the boxes. Opportunities like this rarely come to market. Contact us today to schedule a private tour and explore how this incredible asset can elevate your portfolio.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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Sherman Oaks Real Estate

Sherman Oaks is located in California.

Sherman Oaks Weather

Sherman Oaks Map

Sherman Oaks Real Estate Market Conditions

  • Median sales price

    $1,280,000
    -3276800%
    change since last quarter
  • # Active listings

    294
    30-day change

Sherman Oaks Schools and Demographics

Education near Sherman Oaks, CA

City County
High School Graduates N/A N/A
College Degree - 2 year N/A N/A
College Degree - 4 year N/A N/A
Graduate Degree N/A N/A
Expenditures per Student N/A N/A
Students per Teacher N/A N/A

Elementary Schools near Sherman Oaks, CA

Grades Students P/T Ratio ZIP
Andres and Maria Cardenas Elementary School KG - 05 573 23.4 91405
Ararat Charter KG - 05 378 27 91401
Burbank Boulevard Elementary School KG - 05 357 23.8 91607
Chandler Learning Academy KG - 05 500 21.7 91401
Colfax Charter Elementary School KG - 05 670 25.8 91607
Columbus Avenue School KG - 05 573 22.9 91405
Dixie Canyon Community Charter School KG - 05 704 24.3 91423
Erwin Elementary School KG - 05 705 23.1 91401
Hazeltine Avenue Elementary School KG - 05 755 22.9 91405
Kester Avenue Elementary School KG - 05 957 25.2 91411
Kittridge Street Elementary School KG - 05 822 23.8 91401
Lashon Academy KG - 06 104 20.8 91405
Riverside Drive Charter Elementary School KG - 05 619 23.4 91423
Sherman Oaks Elementary Charter School KG - 05 827 23.6 91403
Sylvan Park Elementary School KG - 05 905 23.8 91411
Valerio Street Elementary School KG - 05 980 23.9 91405
Van Nuys Elementary School KG - 05 615 23.6 91401

Middle Schools near Sherman Oaks, CA

Grades Students P/T Ratio ZIP
Ivy Bound Academy of Math, Science, and Technology Charter Middle 05 - 08 238 23.8 91403
Options for Youth-Hermosa Beach, Inc. 07 - 12 342 5.2 91405
Robert A. Millikan Middle 06 - 08 2,069 28.6 91423
Van Nuys Middle School 06 - 08 1,265 20 91411

High Schools near Sherman Oaks, CA

Grades Students P/T Ratio ZIP
Champs - Charter HS of Arts-Multimedia & Performing 09 - 12 876 20.7 91405
Ulysses S. Grant Senior High 09 - 12 2,026 25.7 91401
Valley Prep. 9-12 09 - 12 219 45.6 91411
Van Nuys Senior High School 09 - 12 2,662 23.7 91411

Ungraded Schools near Sherman Oaks, CA

Grades Students P/T Ratio ZIP
* Jack London Community Day School 09 - 12 75 18.8 91401
* Jack London Continuation School 09 - 12 157 28.6 91401
* Will Rogers Continuation School 09 - 12 216 33.2 91411
Robert Fulton College Preparatory School 06 - 12 1,759 24.1 91405

Demographics near Sherman Oaks, CA

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Real estate near Sherman Oaks