Sherman Oaks CA Multi Family for Sale

ADDITIONAL INFORMATION

Rare R3 Zoning. Calling all 1031 Clients & Investors! Discover a rare gem in Sherman Oaks, just North of Ventura Blvd. This prime location offers proximity to the 101 and 405 freeway, shopping malls, markets, and public transportation.Featuring four units with two bedrooms one bath, hardwood floors, living and dining breakfast areas, patios, and shared laundry, this property also includes "Approved Plans and Permits "to build two new additional units which are paid for with complete modern appliances, washer and dryer, maximizing its value.Each unit, approximately under 900 sq ft, presents immense potential, with an existing one already remodeled with a washer and dryer and boasting a private backyard. With four-car garage, driveway parking, solar panels, newer electrical and plumbing systems, this property promises significant rental potential and growth. Don't miss out on this remarkable investment opportunity!

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

PRIME Location in Sherman Oaks – few steps away from Iconic Ventura Blvd- Perfect for investment - 1 Bedroom, Top-Level Condo – Move-In Ready! Step into luxury with this astonishing top-floor, open concept spacious unit featuring a panoramic view with a Huge Private Balcony surrounded by beautiful palm trees. The unit was recently remodeled with elegant stylish touchups, this home is gorgeous and ready for you to move in. Key Features: • Open Concept Living: The living, dining, and kitchen areas flow seamlessly into the magnificent balcony, allowing an abundance of natural light to enter the condo and creating the perfect space for entertaining. • Modern Finishes: Hardwood flooring, remodeled kitchen and bath, granite countertops, and stainless-steel appliances. • Spacious Bedroom: Large primary bedroom with a commodious closet. • A TONAL smart home gym system included • Lovely Complex:A quiet, well-maintained 20-unit complex with a tropical feel. • Resort-Like Amenities: Enjoy the amazing pool area, gated security entrance, guest parking, and large laundry area. • Convenience: One assigned covered parking spot. HOA covers water, trash, and earthquake insurance. A new roof was recently installed complex-wide. • Prime Location: Centrally located with easy Wests

ADDITIONAL INFORMATION

We are proud to exclusively present a prime multifamily asset in the coveted Sherman Oaks neighborhood, located at 14833 Magnolia Blvd, Los Angeles, CA. Situated near Westfield Fashion Square and minutes from Universal Studios, the property is within walking distance to an abundance of dining, shopping, and entertainment options. Commuting is easy, with close access to the 101 freeway. Totaling 36 units with a desirable mix of studios, 1-beds, and 2-beds, the property features community amenities including on-site laundry, outdoor courtyard seating, carport parking, and elevator for resident convenience. High-speed Internet access, wall air conditioning and heating, ceiling fans, vertical blinds and quality kitchen appliances are provided in all units and many units have been upgraded with modern finishes. Surrounded by renowned LA landmarks like the Griffith Observatory and Hollywood Bowl, this turnkey property offers the opportunity to capitalize on the desirability of the Sherman Oaks market. With its strategic location, diverse unit mix, and sought-after amenities, 14833 Magnolia Blvd is primed to deliver consistent cash flow and long-term value appreciation. Seize your chance to own a piece of this thriving community.

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! *Seller will cover lender fees if the buyer uses their preferred lender*

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 ADDITIONAL $500,000*** 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

PRIME Location in Sherman Oaks – few steps away from Iconic Ventura Blvd- Perfect for investment - 1 Bedroom, Top-Level Condo – Move-In Ready! Step into luxury with this astonishing top-floor, open concept spacious unit featuring a panoramic view with a Huge Private Balcony surrounded by beautiful palm trees. The unit was recently remodeled with elegant stylish touchups, this home is gorgeous and ready for you to move in. Key Features: • Open Concept Living: The living, dining, and kitchen areas flow seamlessly into the magnificent balcony, allowing an abundance of natural light to enter the condo and creating the perfect space for entertaining. • Modern Finishes: Hardwood flooring, remodeled kitchen and bath, granite countertops, and stainless-steel appliances. • Spacious Bedroom: Large primary bedroom with a commodious closet. • A TONAL smart home gym system included • Lovely Complex:A quiet, well-maintained 20-unit complex with a tropical feel. • Resort-Like Amenities: Enjoy the amazing pool area, gated security entrance, guest parking, and large laundry area. • Convenience: One assigned covered parking spot. HOA covers water, trash, and earthquake insurance. A new roof was recently installed complex-wide. • Prime Location: Centrally located with easy Westside access, just steps to Ventura Blvd’s best shopping, entertainment, and restaurants adding a great life style Don’t miss this fabulous opportunity to own or invest in this piece of paradise in Sherman Oaks. This won’t last long

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.