Sherman Oaks CA Multi Family for Sale

ADDITIONAL INFORMATION

We are proud to present this 12-unit apartment building in an excellent Sherman Oaks location. The property was built in 1958 and is subject to LACity Rent Control. There is an excellent unit mix that includes (8) units of one bed and one bath and (4) units of two bed and two bath.Residents enjoy spacious floorplans, a pool with a courtyard, covered and open parking as well as on-site laundry facility.The property is minutes from the endless dining, shopping, and entertainment options on Ventura Blvd. The Sheman Oaks Recreation Center andWestfield Fashion Square are also close by. Access to the 101 and 405 Freeway's is nearby, which provides easy access to the surrounding area andjob opportunities.This is a great opportunity to own a well-located building on a corner lot with great upside potential.

ADDITIONAL INFORMATION

**Prime 6-Unit Apartment Building for Sale in Sherman Oaks** Located in the heart of Sherman Oaks, south of the Boulevard, this exclusive 6-unit apartment building sits on one of the most desirable streets in the area. Just a short stroll from premier shopping, renowned restaurants, and vibrant entertainment options, this property offers an unbeatable blend of convenience. Each unit boasts spacious layouts, making them highly attractive to potential tenants. The well-maintained building features a mix of one and two-bedroom units, each designed to maximize comfort and functionality. Ample parking, Investors will appreciate this great inventory with huge potential upside. With current rents below market value, there is significant room for increasing rental income. Whether you're looking to expand your portfolio or make a strategic investment, this property represents a rare opportunity in a prime location. Don’t miss out on this exceptional investment opportunity in Sherman Oaks.

ADDITIONAL INFORMATION

14825 Magnolia Blvd offers eleven units ideally located in Sherman Oaks, CA near a wide array of shopping, dining, and entertainment options. This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles adjacent to Valley Village and Encino. The property sits on a large 10,984 SF lot with 7,632 SF of rentable space consisting of Three - 2BR/1BA Units, and Eight 1BR/1BAUnits. The offering provides a rare opportunity for a savvy investor to acquire this trophy asset with over 39% upside.

ADDITIONAL INFORMATION

Welcome to 5551 Mammoth Ave, an incredible investment opportunity nestled on a sunny corner lot near the highly desirable neighborhood of Sherman Oaks. This well-maintained five-unit apartment building exudes classic Southern California charm while featuring modern updates throughout.The property includes four garage spaces for ample parking and storage, along with a spacious yard beautifully landscaped with lush flora, creating a serene outdoor retreat.With stable rental income, low vacancy rates, and strong growth potential, this turnkey property is ideal for investors seeking long-term appreciation in a prime Los Angeles location. Whether you're looking to live in one unit and rent out the others or to expand your investment portfolio, 5551 Mammoth Ave has it all.

ADDITIONAL INFORMATION

Rare opportunity to acquire 13060 Burbank Blvd, a 19-unit value-add property located in the heart of prime Sherman Oaks, one of Los Angeles' most desirable submarkets. Nestled along Burbank Blvd, between Coldwater Canyon Avenue and Fulton Avenue, this property offers investors a chance to own a coveted piece of real estate in one of the San Fernando Valley's most attractive rental markets. Constructed in 1958, this two-story structure spans approximately 15,295 square feet on a 15,825 square foot lot. The property has been meticulously maintained and managed by the same ownership for nearly 14 years, offering significant rental upside. Additionally, there is potential to build three Accessory Dwelling Units (ADUs), which would substantially increase income (buyer to confirm). 13060 Burbank Blvd provides investors with the rare opportunity to acquire an ideal value-add opportunity with significant upside potential. The Property features spacious and well-designed units, with a strong unit mix of (1) studio, (15) one-bedroom, one-bath units, and (1) two-bedroom, one-bath unit, and (2) two-bedroom, two-bath units. Over the years, the ownership has implemented unit upgrades on select units as they turn over including high-end finishes, upgraded flooring and kitchens, granite countertops, double pane windows, stainless steel appliances, 13060 Burbank Blvd provides investors with the rare opportunity to acquire an ideal value-add opportunity with significant upside potential. The Property features spacious and well-designed units, with a strong unit mix of (1) studio, (15) one-bedroom, one-bath units, and (1) two-bedroom, one-bath unit, and (2) two-bedroom, two-bath units. Over the years, the ownership has implemented unit upgrades on select units as they turn over including high-end finishes, upgraded flooring and kitchens, granite countertops, double pane windows, stainless steel appliances,

ADDITIONAL INFORMATION

Located in the highly sought after neighborhood of Sherman Oaks, this stunning compound offers the ultimate in privacy and comfort featuring a beautifully designed 3-bed, 2-bath main residence and a charming 1-bed ADU. As you enter through the lush garden and newly tiled front patio, you're welcomed into a spacious, open floor plan with new flooring throughout. A skylight brightens the interior, filling the space with natural light and enhancing the home's airy ambiance. The renovated kitchen is equipped with stainless steel appliances, honed quartz countertops, slim shaker cabinets and a center island offering ample counter space. The cozy living room, with its vaulted ceilings, decorative fireplace and built-in bookshelf creates a warm and inviting atmosphere. Two of the bedrooms and the living room open up to the backyard oasis offering a tranquil retreat, perfect for unwinding or entertaining. The ADU with a private patio and separately metered utilities adds to the property's versatility, making it an ideal space for a rental, guest quarters or personal work studio. Additional upgrades to the main home include fully remodeled bathrooms, new plumbing, tankless water heater, freshly painted exterior with smooth stucco, new concrete pavers and a security camera. This unique property is a rare find with its prime location and thoughtfully curated features, don't miss the opportunity to make this home your own!

ADDITIONAL INFORMATION

We are proud to present this 8-unit apartment building in an excellent Sherman Oaks location. The property was originally built in 1956,four units were added in 1987 and then in 2024, a Studio ADU was added for a total of 8 units. This property is subject to the LA City RentControl. There is an excellent unit mix that includes Two Two-Bedroom/Two-Bath Units and Four One-Bedroom/One-Bath Units, OneStudio and One Studio ADU.The property is minutes from the endless dining, shopping, and entertainment options on Ventura Blvd. The Sherman Oaks Galleria is alsoa very short drive away. Access to the 101 and 405 Freeway's is very close by, which provides easy access to the surrounding area andjob opportunities.This is a great opportunity to own a well located building on a corner lot with great features such enclosed garages, central A/C & Heatand spacious floorplans.

ADDITIONAL INFORMATION

***PRICE REDUCED $550,000*** We are pleased to present the Terraces at the Summit, a 50-unit value add apartment building located at 14556 Magnolia Boulevard in Sherman Oaks, California. Current rents are approximately 22% under market providing a new investor the opportunity to renovate units and common areas in order to maximize rental income. Built in 1961, the property features a favorable unit mix consisting of (17) studio/one-bathroom units and (33) one-bedroom/one-bathroom units. Units feature wood flooring, granite countertops, dishwasher, microwave and floor to ceiling living room windows (select units). Property amenities include secured access, pool, grill/picnic area, lounge, fitness center, laundry facility, elevator and gated subterranean parking. The 39,198 square foot building sits on a large 0.57 acre lot that is LAR3 zoned. The Terraces at the Summit is located in Sherman Oaks, one of the best rental submarkets in Los Angeles County with historically low vacancy rates. The property is in close proximity to grocery stores, restaurants and retail on Van Nuys Boulevard as well as vibrant cafes, fine dining, high-end chic retail and nightlife on nearby Ventura Boulevard. The property is conveniently located near the 405 and 101 freeways and just a short drive to major job centers such as Woodland Hills, Encino, North Hollywood, Burbank and Glendale.

ADDITIONAL INFORMATION

This five unit asset is located in the annexed neighborhood of Sherman Oaks (formerly Van Nuys) and has HUGE upside rent potential. Because this area is undergoing revitalization, the property's future value may also be enhanced as a result. Located close to transportation corridors, there is easy freeway access, only minutes to the Encino-Balboa Recreation facility, as well as Woodley Lake. There are abundant jogging paths, soccer fields and paddle boats which makes this location a high demand area for tenants. The building itself has a unit mix of one 2-bedroom unit and four 1 bedroom units. There is off-street parking at the back of the building for added tenant convenience. Tenants have been in the property long term and rents simply have not been raised. The building is fully leased and there are no vacant units. The property is a prime investment opportunity for those looking to capitalize on its potential. This is an excellent canvas for the investor with creativity and imagination to unlock the hidden value in this jewel.

ADDITIONAL INFORMATION

Welcome to a premier investment opportunity in Sherman Oaks! This attractive four-unit apartment building offers remarkable value for investors. Nestled in the sought-after Sherman Oaks area, the property features a blend of one and two-bedroom apartments. Zoned R3, it includes a recently renovated, spacious two-bedroom, two-bathroom unit with a large private backyard, alongside three generously-sized one-bedroom, one-bathroom units.Recent capital improvements ensure the building's excellent condition, with updates such as new copper piping, a new roof, earthquake retrofitting, double-paned windows and sliding doors, high-quality composite decking, a new fence, and artificial turf. Units 1 and 3 have been extensively renovated, featuring new laminate flooring, modern kitchen cabinets, granite countertops, new appliances, and fully renovated bathrooms with new tile, fixtures, and cabinets.Building amenities include common area laundry facilities, individually metered gas and electricity, secured entry, a combination of gated and garage parking, and additional onsite guest parking.Situated in a vibrant Sherman Oaks neighborhood, this property is close to excellent shopping, fine dining, and entertainment options. Its ideal location offers easy access to the 101 and 405 Freeways, enhancing connectivity to surrounding areas. Outdoor enthusiasts will enjoy the nearby parks, including Lake Balboa Park, which will be a venue for the 2028 LA Olympics.The consistently high demand for one-bedroom units ensures stable rental income, making this property a reliable and profitable investment. With its excellent location and appealing neighborhood, this turn-key asset provides a rare opportunity in one of LA's most dynamic and stable markets, ideal for investors seeking long-term wealth preservation and consistent returns.

ADDITIONAL INFORMATION

We are pleased to present 14931 Magnolia Blvd, a 9-unit multifamily property located in Sherman Oaks. This property represents a value-add opportunity for investment in a highly sought-after pocket of the San Fernando Valley, situated only minutes away from Encino and Van Nuys. 14931 Magnolia Blvd is an ideal choice for investors seeking over 25% in rental upside through interior and exterior renovation programs. With 2-units currently vacant, an investor can get a head start on their interior renovation program to achieve market rents. Constructed in 1981, this multi-story property is comprised of two 1-bedroom/1-bathroom units, five 1-bedroom/1.5-bathroom townhouse units, and two 1-bedroom/2-bathroom units with a loft. The two loft units function like a 2-bedroom unit as there is a 2nd bathroom on the loft level. All units have private patios or balconies, are equipped with central air conditioners, and are individually metered for gas and electric utilities. The property includes 14 parking spaces, on-site laundry, gated parking, controlled access, and a common area for tenants to sit outside and enjoy the use of barbeque grills. 14931 Magnolia Blvd is not subject to the LA City Rent Stabilization Ordinance and rents can be increased by 5% + CPI (AB 1482). 14931 Magnolia Blvd is situated south of Burbank Blvd with Sepulveda Blvd to the west and Kester Ave to the east. Residents have easy access to several nearby bus stops on Magnolia Blvd and Sepulveda Blvd. For nature enthusiasts, the property is only a mile away from the Sepulveda Basin where one can enjoy kayaking, fishing, and exploring nature. Moreover, its proximity to the Ventura Boulevard with its variety of retail shops, restaurants, offices, shopping centers, and other places of business ensures a high demand for rental units. For commuters, the property is minutes away from the 101 405 Freeways, allowing access throughout the San Fernando Valley and into the westside of Los Angeles.

ADDITIONAL INFORMATION

***Please Contact Us For An OM***Brand new construction. Have someone else help pay your mortgage. One vacant owners unit available. Exceptional opportunity to acquire a luxurious multifamily property in the highly sought-after area of Sherman Oaks. This stunning property features three brand-new, impressively large townhomes, all exquisitely designed and crafted to the highest standards of modern living. The townhomes are non-rent controlled and are not subject to LA City rent control regulations. Currently, one 4+3 townhome is vacant (unit 3), presenting a unique opportunity for an owner-occupier. Each unit offers over 2,500 square feet of living space and features beautiful rooftop decks with stunning views of the surrounding area, perfect for entertaining and relaxation. The townhomes feature high-end finishes, including stainless steel appliances, quartz countertops, and hardwood flooring, with each unit boasting an in-unit washer/dryer, tankless water heater and a 2-car garage with direct unit access, providing added convenience and security. Don't miss out on the chance to own this exceptional multifamily property in Sherman Oaks, which represents the epitome of luxurious contemporary living. Contact us today to schedule a private tour and experience the unparalleled quality of this stunning development for yourself. Can be purchased with 3 units at 5653 Hazeltine.

ADDITIONAL INFORMATION

Welcome to 14461 Dickens Street, a charming multi-tenant building nestled in Sherman Oaks. This property offers a total of5 units, each comprising 1 bedroom and 1 bathroom. With a total building size of 2,272 square feet, this property presents an excellent opportunity for both investors and individuals seeking a peaceful and desirable living environment. The exterior of the building exudes curb appeal, complemented by the lush surroundings of Sherman Oaks. The well-manicured landscaping and tranquil atmosphere contribute to the overall allure of the property within this sought-after neighborhood. Situated in a prime location, residents of 14461 Dickens Street benefit from easy access to the neighborhood's array of amenities, including nearby dining, shopping, and recreational options. The convenience of this location, combined with the peaceful ambiance, makes this property an attractive prospect for those seeking a harmonious blend of urban accessibility and residential tranquility

ADDITIONAL INFORMATION

Amazing opportunity to own two homes on one lot! The front house has been recently remodeled and offers 1500 sq ft, 3 bedrooms and 3 baths, gorgeous engineered wood floors throughout, modern white shaker cabinets, with quartz countertops and stainless steel appliances. The very spacious master bedroom has a walk-in closet, a large master-bathroom with tiled walk-in shower and double vanity. The back house was built only 3 years ago and offers 1200 sq ft of open layout living area with 3 bedrooms and 2 bathrooms with 10' high ceilings. Modern white shaker cabinets with quartz countertops, stainless steel appliances and beautiful tiled showers. Each unit has its own separate address, electric meter and gas meter. One water meter for both properties. Both units are leased with approximately 1 year term remaining

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Onward Capital as an exclusive broker is pleased to present a brand-new 4-unit complex (2 Duplex's) for sale. This 4-unit property features 2-detached buildings, all 3-story on grade with elevating rooftop views overlooking all of Los Angeles. The property includes (3) 4 bed, 4.5 bath units, (1) 3 bed, 3.5 bath units. 5545 Calhoun is a NON-RENT CONTOLLED and SPACIOUS 4-unit tri level townhome complex. Finishes in the unit are top of the line including high ceilings, walk in closets, designer kitchens, en-suite bathrooms and huge rooftop decks. A++ SHERMAN OAKS LOCATION. DELIVERED 100% LEASED AT A TRUE 5.39% CAP. 7 PARKING SPOTS TOTAL, 1 PRIVATE GARAGE AND 3 CARPORTS!LARGE ROOFTOP DECKS OVERLOOKING LOS ANGELES. ALL UNITED SEPERATLEY METERED FOR GAS, ELECTRIC, AND WATER. PERFECT OWNER OCCUPIED OPPORTUNITY!

ADDITIONAL INFORMATION

SHERMAN OAKS Triplex, 3 units with 3 separate addresses! With over 2400 square feet and total of 4 bedrooms & 3 baths on a 5158 square foot lot, currently zoned (LARD1.5). Prime corner lot in the heart of Sherman Oaks with tree lined street, well maintained, beautifully landscaped with pride of ownership. The lower level (5370 Circle Dr.) has a dedicated entrance, it has been renovated and move-in ready, has 2 bedrooms (both have walk-in closets), 1-bathroom, central air, large exclusive outdoor patio, an attached garage. The upstairs (5372 & 5374 Circle Dr.) offers two separate units, both are 1 bedroom, 1 bath each, both units have 3 walls with windows, offering plenty of natural light, plus both have air conditioning, there are also 3 separate garages, each of the 3 units has a private garage, plus plenty of additional parking. All three units are currently tenant occupied and, on a month-month lease. Newer dual pane windows in two of the units, each unit with a separate water heater, gas & electric meter, (plus a separate electric & gas meter for the building). Great location, great opportunity with much potential, don’t miss out on this rare, well kept, highly desirable Sherman Oaks opportunity, ideal for investors, developers and owner occupants.

ADDITIONAL INFORMATION

15285 Sutton Street is a 19-unit apartment community located in a premier Sherman Oaks neighborhood. The building is on a tree-lined street and boasts great freeway access to the 405. The offering allows investors to acquire an irreplaceable turn-key asset in one of LA's most dynamic and stable markets. The property is well-maintained and has incredible curb appeal. The unit interiors offer a blend of midcentury style with modern convenience. Their vintage style offers ample cabinet and storage space in their open layout. Many units have a balcony with great natural light throughout. Ownership has just completed the buildout of three brand-new ADUs, totaling 1,416 additional square feet. The designs are modern, with brand-new bathrooms, kitchens, appliances, flooring, and sleek fixtures. Ownership has achieved great rents and set a model for future income.15286 Sutton Street is being offered for sale at a 6.2% Cap Rate and 11.2 GRM. The property is master-metered for electricity, water, and gas. Current ownership has implemented a RUBs System (Ratio Utility Billing System). The property is well-parked, with 15 onsite parking spaces. Soft-Story retrofit was completed in 2019. This building is located right off Sepulveda, two blocks south of Ventura Boulevard. It is close to Whole Foods, Blue Dog Tavern, Sherman Oaks Galleria, 24-Hour Fitness, and Yoga Studios, making it super convenient for tenants. With its prime location in Sherman Oaks, 15286 Sutton Street is an outstanding rental location for residents looking for immediate access to major employers, services, and entertainment venues. The proximity to world-class neighboring venues makes this an ideal investment for apartment operators seeking a stable investment opportunity and long-term wealth preservation and appreciation.

ADDITIONAL INFORMATION

***Please Contact Us For An OM***Brand new construction. Have someone else help pay your mortgage. Two buildings with separate APNs can be purchased together or separately. Exceptional opportunity to acquire a luxurious multifamily property in the highly sought-after area of Sherman Oaks. This stunning property features six brand-new, impressively large townhomes, all exquisitely designed and crafted to the highest standards of modern living. The property offers an in-place Cap rate of 4.90%, the townhomes are non-rent controlled and are not subject to LA City rent control regulations. The property consists of two separate buildings on separate APNs, each with three townhomes, providing both privacy and exclusivity. Each unit offers over 2,500+ square feet of living space and features beautiful rooftop decks with stunning views of the surrounding area, perfect for entertaining and relaxation.The townhomes feature high-end finishes, including stainless steel appliances, quartz countertops, and hardwood flooring, with each unit boasting an in-unit washer/dryer, tankless water heater and a 2-car garage with direct unit access, providing added convenience and security.Don't miss out on the chance to own this exceptional multifamily property in Sherman Oaks, which represents the epitome of luxurious contemporary living. Contact us today to schedule a private tour and experience the unparalleled quality of this stunning development for yourself.

ADDITIONAL INFORMATION

Explore this stunning triplex nestled in Van Nuys, boasting 4 bedrooms, 4 baths, and a generous 2,541 SqFt of living space. Each unit offers its own distinct charm, featuring a family room, laundry facilities, and a bedroom. The first unit welcomes you with a spacious, well-lit kitchen adorned with white tile counters and backsplashes, accompanied by ample storage. Its expansive family room exudes warmth with its wooden floors, complemented by a full bath equipped with a three-panel mirror and additional storage. Moving on to the second unit, you'll discover a sleek kitchen boasting black laminated granite countertops and a white tile backsplash, offering plenty of storage solutions. The kitchen bar seamlessly connects to the spacious family room, transitioning from tiled flooring to elegant wooden panels. The unit's polished ¾ bathroom features a stylish grey tile backsplash, while the bedroom offers comfort and brightness, complete with a ceiling fan. The final unit boasts an open floor plan, where a spacious family room seamlessly blends with a stylish kitchen, adorned with decorative walls and ample storage. Its bathroom boasts dual sinks, illuminated by LED mirrors, and offers the luxury of a separate bath and shower. The generously sized bedroom radiates brightness, while an additional room has been transformed into a functional workspace, conveniently housing the laundry within the building. Don't let this exceptional investment opportunity pass you by. Schedule your viewing today and seize the chance to own this remarkable property.

ADDITIONAL INFORMATION

Discover an extraordinary investment opportunity in the heart of Sherman Oaks! This 10-unit apartment complex, nestled just half a block from the vibrant shopping and dining scene on Magnolia Boulevard, offers a blend of luxury and convenience. With spacious, townhouse-style units provide a comfortable living experience for tenants. This desirable rental area is located in one of Sherman Oaks’ most sought-after rental neighborhoods, this property boasts a consistently low vacancy ratio. Offering tenant comfort as residents enjoy air conditioning, hardwood floors, fireplaces, and private patios. The property has recent upgrades such as a brand-new roof and completed soft-story retrofitting enhance the property’s value. On-site tuck-under parking and shared laundry facilities add convenience and gated property. A true hidden gem tucked behind gates, this building offers a sense of exclusivity in a coveted neighborhood. Investment potential: With over 43.67% potential upside in rent, this property presents a compelling reposition opportunity. Don’t miss out on this chance to invest in a thriving area with strong income potential.

ADDITIONAL INFORMATION

IMPROVED PRICING AS SELLER HAS FOUND THEIR UPLEG -- PROPERTY IS PRICED TO SELL AND FEATURES THE LOWEST GRM AND HIGHEST CAP RATE AVAILABLE IN SHERMAN OAKS. More than 78% of the unit interiors have been thoroughly upgraded, featuring new amenities such as custom Calacatta quartz countertops, French Oak-inspired wood flooring, stainless steel appliances, and completely remodeled bathrooms. A new investor may be able to benefit from the already-completed upgrades to realize consistent income improvement, as area rents have steadily increased even in the short time since these renovations were completed. Moreover, a new owner can conduct a similar revitalization of the remaining three apartments to potentially recapture approximately 15% in rent upside. Because nearly all of the units are currently leased at or near market rent levels, the effects of local rent control have been essentially removed, leaving the new owner a market rental base similar to that of a non-rent controlled asset. Located near the intersection of Valleyheart Drive and Kester Avenue, the building sits only four blocks from the fine dining and premium boutiques along world renowned Ventura Boulevard. The property features spacious floorplans covering approximately 12,925 square feet across the 14 units. Recent macroeconomic fundamentals have provided strong tailwinds for apartment occupancy and rental rates, as more potential homeowners have remained in rental housing while single-family mortgage interest rates have more than doubled. With home values lagging in responding to these higher rates -- the median asking price for a single-family home in the 91403 zip code is currently $2,747,500, according to the MLS -- the barrier to homeownership for most renters remains extremely high, which in turn boosts overall apartment demand to the benefit of landlords. Situated in a very desirable neighborhood within the San Fernando Valley, the location allows tenants convenient access to numerous area amenities. The Sherman Oaks Galleria and Regal Cinemas sit mere blocks from the property, while the Westfield Fashion Square is approximately one mile east of the building. Whole Foods, Gelsons, Pavilions, and Trader Joe's are all in the immediate area, while several bars and restaurants along Ventura Boulevard provide excellent dining options. The building is also conveniently located equidistant from the booming Warner Center/Woodland Hills area and the creative campuses and studios within Burbank and Glendale, which allows the property to draw residents employed at each of those major hubs.