Description
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.
Property Type
Residential IncomeCounty
Los AngelesStyle
ContemporaryAD ID
50381919
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Asphalt
- Property Appliances: Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Refrigerator
- Fireplace: Family Room
- Flooring: Laminate,Vinyl
Cooling Features
- Central Air,Gas
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: Family Room
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 9,409
- Construction: Asphalt,Concrete,Stucco
- Roof: Asphalt
Foundation
- Concrete Perimeter,Slab,Tie Down
Security Features
- Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Accessibility Features
- None
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Chain Link,Wood,Wrought Iron
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.288
- Lot Size Source: Assessor
- Lot Size Square Feet: 12545
-
Listing Information
Listing Price Information
- Original List Price: 2,900,000
- Listing Contract Date: 2025-07-09
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2249022020
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Asphalt,Covered,Gated,On Site,Off Street,Paved,Private
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Telephone
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: SO - Sherman Oaks
- Postal Code Plus 4: 4068
- Directions: Coming off 405 North to Burbank Blvd. to Kester Avenue.
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: SO - Sherman Oaks
- Property SubType: Apartment
Building and Construction
- Property Age: 61
- Common Walls: 2+ Common Walls
- Property Condition: Turnkey
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
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BuyOwner last updated this listing 07/26/2025 @ 08:09
- MLS: PV25148646
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 9,409 sqft, 12,545 sized lot, and 6 parking. are nearby neighborhoods.