Refine Search
Sort by
$1,700,000
SR26094895 MLS
Positioned within the highly desirable Sherman Oaks submarket, this six-unit multifamily property combines stability with long-term investment appeal. Consisting of approximately 4,844 square feet on a 10,665-square-foot lot, the property offers a favorable unit mix and on-site parking with own enclosed garage. Built in 1953, the property carries potential for value-add renovations while maintaining solid fundamentals, supported by a historically low vacancy area. Located along Burbank Boulevard—one of the San Fernando Valley’s prominent east-west thoroughfares—the asset benefits from close proximity to major employment centers, retail corridors, and regional connectivity. Quick access to I-405 and US-101 positions the property within minutes of the greater Los Angeles network, including major business districts in Sherman Oaks, Encino, and Studio City. With strong local demographics and continued rental demand, this property presents both immediate income and long-term upside.

14821 Burbank, Van Nuys

Listing courtesy of Listing Agent: David White (davewhiterealestate@gmail.com) from Listing Office: Element RE, Inc.

$490,000
2 Beds 2 Baths SB26098771 MLS
First-floor condo in a well-kept, landscaped community nestled between Sherman Oaks and Lake Balboa. Tucked into a tree-lined setting, this unit stays cool and shaded — a welcome reprieve during Valley summers. The open living and dining area flows easily, anchored by a fireplace and sliding glass doors that open onto a private balcony overlooking the courtyard greenery.The kitchen features white shaker cabinets with soft-close doors, a pantry with pull-out shelving, quartz counters, and stainless-steel appliances. Both bathrooms feature subway tile and floating vanities — the primary with a walk-in shower, the second with a full tub. The primary suite includes a large walk-in closet with built-in shelving, and the second bedroom offers a thoughtfully organized closet with floor-to-ceiling built-ins. In-unit laundry included. Newer AC is still under warranty! One floor, two enclosed garage parking spaces that lead to the courtyard. Private storage in the garage with custom-built shelving. Easy access to the 405, with the 101 just minutes away. Community amenities include a pool, gym, and clubhouse.

15020 Victory Boulevard Unit 104, Van Nuys

Listing courtesy of Listing Agent: Lisa Mindus (lisa@luckestates.com) from Listing Office: Fredericks Realty.

$2,399,000
5 Beds 6 Baths 26828309 MLS
Newly built in 2020, this modern two-story home features 5 ensuite bedrooms, 5.5 baths, and an office. The open floor plan offers high ceilings, floor-to-ceiling windows, and seamless indoor-outdoor flow. The elegant living and dining area centers around a stone-framed linear fireplace, while the gourmet kitchen boasts Miele appliances, a center island, and breakfast bar. Sliding glass doors lead to an entertainer's backyard with a sunken fire pit, BBQ area, and sparkling saltwater pool & spa. The luxurious primary suite includes a spa-like bath, walk-in closet, and private balcony. Enjoy multiple patios, a sundeck with city views, and a 2-car garage with EV charger - modern elegance and comfort in every detail. Property is tenant-occupied until January 2027.

5812 Willis Ave, Sherman Oaks

Courtesy of Hilton & Hyland, Christine Hong - CA DRE#01325115

$2,399,000
5 Beds 6 Baths 26828309 MLS
Newly built in 2020, this modern two-story home features 5 ensuite bedrooms, 5.5 baths, and an office. The open floor plan offers high ceilings, floor-to-ceiling windows, and seamless indoor-outdoor flow. The elegant living and dining area centers around a stone-framed linear fireplace, while the gourmet kitchen boasts Miele appliances, a center island, and breakfast bar. Sliding glass doors lead to an entertainer's backyard with a sunken fire pit, BBQ area, and sparkling saltwater pool & spa. The luxurious primary suite includes a spa-like bath, walk-in closet, and private balcony. Enjoy multiple patios, a sundeck with city views, and a 2-car garage with EV charger - modern elegance and comfort in every detail. Property is tenant-occupied until January 2027.

5812 Willis Avenue, Sherman Oaks

Listing courtesy of Listing Agent: Christine Hong (Christine@ChristineHong.com) from Listing Office: Hilton & Hyland.

$2,450,000
5 Beds 5 Baths 26778963 MLS
Beautiful newer home in an amazing school district, ideally located in one of Sherman Oaks' most desirable neighborhoodsjust an easy walk to Kester Elementary and close to top private schools.This thoughtfully designed 5-bedroom, 4.5-bath residence offers an open-concept layout with high ceilings, hardwood floors, and seamless indoor-outdoor flow. The chef's kitchen features custom cabinetry, quartz countertops, and premium Thermador appliances, opening to spacious living and dining areas perfect for everyday living and entertaining.The primary suite is a true retreat with a private balcony, fireplace, walk-in closet, and spa-style bath with soaking tub and dual vanities. Additional highlights include two indoor gas fireplaces, built-ins, office, laundry room, security system, and in-ceiling speakers for surround sound and whole-home audio.Designed for entertaining, the backyard features a saltwater pool and spa with waterfall, outdoor seating with gas fire pit, built-in BBQ, string lighting, and retractable awnings. Mature ficus hedges provide privacy, complemented by fruit trees and drought-tolerant landscaping.Modern upgrades include solar panels (2021), upgraded electrical panel with EV charger, and reverse osmosis water filtration system.

5314 Willis Ave, Sherman Oaks

Courtesy of Chelsea Properties, Elizabeth Friedman - CA DRE#01507367

$2,450,000
5 Beds 5 Baths 26778963 MLS
Beautiful newer home in an amazing school district, ideally located in one of Sherman Oaks' most desirable neighborhoodsjust an easy walk to Kester Elementary and close to top private schools.This thoughtfully designed 5-bedroom, 4.5-bath residence offers an open-concept layout with high ceilings, hardwood floors, and seamless indoor-outdoor flow. The chef's kitchen features custom cabinetry, quartz countertops, and premium Thermador appliances, opening to spacious living and dining areas perfect for everyday living and entertaining.The primary suite is a true retreat with a private balcony, fireplace, walk-in closet, and spa-style bath with soaking tub and dual vanities. Additional highlights include two indoor gas fireplaces, built-ins, office, laundry room, security system, and in-ceiling speakers for surround sound and whole-home audio.Designed for entertaining, the backyard features a saltwater pool and spa with waterfall, outdoor seating with gas fire pit, built-in BBQ, string lighting, and retractable awnings. Mature ficus hedges provide privacy, complemented by fruit trees and drought-tolerant landscaping.Modern upgrades include solar panels (2021), upgraded electrical panel with EV charger, and reverse osmosis water filtration system.

5314 Willis Avenue, Sherman Oaks

Listing courtesy of Listing Agent: Elizabeth Friedman (liz_friedman_inc@yahoo.com) from Listing Office: Chelsea Properties.

$3,900,000
16 Beds 20 Baths 26773805 MLS
14764 Sylvan Street presents the opportunity to acquire an eight-unit apartment building in Van Nuys featuring spacious two-bedroom, 2.5-bathroom townhome-style units with strong in-place income and additional rental upside. Built in 2007, the property is significantly newer than much of the surrounding multifamily inventory and offers approximately 1,240 to 1,410 square feet per unit, with an average unit size of approximately 1,294 square feet. Current monthly rents total approximately $23,950 compared to $25,870 at market, representing approximately $1,920 in additional monthly rental income potential. Each of the eight units has an individual APN, creating the potential for a future condominium conversion and individual unit sell-off strategy, subject to applicable documentation and approvals. Located in the heart of the San Fernando Valley, the property provides convenient access to major employment centers, freeways, public transportation, shopping, dining, and surrounding Los Angeles communities.

14764 Sylvan St, Van Nuys

Courtesy of Matthews Real Estate Investment Services, Daniel Withers - CA DRE#01325901

$3,900,000
16 Beds 20 Baths 26773805 MLS
14764 Sylvan Street presents the opportunity to acquire an eight-unit apartment building in Van Nuys featuring spacious two-bedroom, 2.5-bathroom townhome-style units with strong in-place income and additional rental upside. Built in 2007, the property is significantly newer than much of the surrounding multifamily inventory and offers approximately 1,240 to 1,410 square feet per unit, with an average unit size of approximately 1,294 square feet. Current monthly rents total approximately $23,950 compared to $25,870 at market, representing approximately $1,920 in additional monthly rental income potential. Each of the eight units has an individual APN, creating the potential for a future condominium conversion and individual unit sell-off strategy, subject to applicable documentation and approvals. Located in the heart of the San Fernando Valley, the property provides convenient access to major employment centers, freeways, public transportation, shopping, dining, and surrounding Los Angeles communities.

14764 Sylvan Street, Van Nuys

Listing courtesy of Listing Agent: Daniel Withers (daniel.withers@matthews.com) from Listing Office: Matthews Real Estate Investment Services.

$750,000
3 Beds 1 Baths 26670621 MLS
NO WHOLESALERS! JUST NO! SELLER NOT INTERESTED IN WHOLESALE DEALS! PLEASE READ IN FULL PRIOR TO CALLS/TEXTS/EMAILS!!! TENANTS REMAIN WITH CLOSE!!!***RENT RAISE ALERT! EFFECTIVE AUGUST 1ST, Rent to be $2,150*** OFFERS RECEIVED DID NOT MEET THE SELLER'S EXPECTATIONS OF PRICE OR TERMS. SO HERE'S YOUR OPPORTUNITY!! DON'T MISS OUT!! ALSO, ANY OFFERS REQUESTING THE PROPERTY TO BE DELIVERED VACANT THE SELLERS WILL NOT ENTERTAIN. PLEASE READ THE REMARKS! Yes at Ask has been submitted. Please Do Not call/text to ask the status. If it shows "Active" it is. Hello Investors and all categories of house Buyers alike! Here's your dream opportunity property! Let's start with the"Deets": 1.) The Seller is selling "As-Is", (No payment of Buyer's Home Warranty, Termite or other Inspections/Reports), with the Tenants in place over 20 yrs! No late/missed payments! Currently paying $2000 per month on Month-to Month, no current Lease(Of course required disclosures must be provided),Instant Cash Flow! (2.) DO NOT walk on property or speak to Tenants. (3). Property to be Viewed/Inspected with ACCEPTED OFFER ONLY (4.) Buyer/New Owner responsible for Tenant relocation, buyout,/ eviction,etc. Seller will not participate or be involved in any way. (5.) This vintage(ok a bit of a Fixer!) needs some vision,love, and elbow grease. But how about this benefit, Seller states it's been fully re-piped with copper plumbing!! Such potential to be transformed into a Van Nuys beauty. With over 6,000sqft lot, don't forget to consider the possibility of adding ADUs! So here's your house dream chance to let your sweat equity bring you rental/Flip income. Or create your own dream residence. Jump on it now to not miss out! Let's go!

6250 Halbrent Ave, Van Nuys

Courtesy of Your House Dreams Realty Inc., Christel Cottrell - CA DRE#01757093

$750,000
3 Beds 1 Baths 26670621 MLS
NO WHOLESALERS! JUST NO! SELLER NOT INTERESTED IN WHOLESALE DEALS! PLEASE READ IN FULL PRIOR TO CALLS/TEXTS/EMAILS!!! TENANTS REMAIN WITH CLOSE!!!***RENT RAISE ALERT! EFFECTIVE AUGUST 1ST, Rent to be $2,150*** OFFERS RECEIVED DID NOT MEET THE SELLER'S EXPECTATIONS OF PRICE OR TERMS. SO HERE'S YOUR OPPORTUNITY!! DON'T MISS OUT!! ALSO, ANY OFFERS REQUESTING THE PROPERTY TO BE DELIVERED VACANT THE SELLERS WILL NOT ENTERTAIN. PLEASE READ THE REMARKS! Yes at Ask has been submitted. Please Do Not call/text to ask the status. If it shows "Active" it is. Hello Investors and all categories of house Buyers alike! Here's your dream opportunity property! Let's start with the"Deets": 1.) The Seller is selling "As-Is", (No payment of Buyer's Home Warranty, Termite or other Inspections/Reports), with the Tenants in place over 20 yrs! No late/missed payments! Currently paying $2000 per month on Month-to Month, no current Lease(Of course required disclosures must be provided),Instant Cash Flow! (2.) DO NOT walk on property or speak to Tenants. (3). Property to be Viewed/Inspected with ACCEPTED OFFER ONLY (4.) Buyer/New Owner responsible for Tenant relocation, buyout,/ eviction,etc. Seller will not participate or be involved in any way. (5.) This vintage(ok a bit of a Fixer!) needs some vision,love, and elbow grease. But how about this benefit, Seller states it's been fully re-piped with copper plumbing!! Such potential to be transformed into a Van Nuys beauty. With over 6,000sqft lot, don't forget to consider the possibility of adding ADUs! So here's your house dream chance to let your sweat equity bring you rental/Flip income. Or create your own dream residence. Jump on it now to not miss out! Let's go!

6250 Halbrent Avenue, Van Nuys

Listing courtesy of Listing Agent: Christel Cottrell (Christel@YourHouseDreamsrealty.com) from Listing Office: Your House Dreams Realty Inc..

$4,500,000
26664759 MLS
NON RENT CONTROL - Newly built gorgeous 9 unit building in the heart of the San Fernando Valley conveniently located at Kester Ave and Victory Blvd, between Van Nuys Blvd and the 405 freeway, providing central access to major employment hubs including Sherman Oaks, Encino, Burbank, Warner Center and North Hollywood. Quality modern construction with full subterranean parking. You could not build it for this cost today - Only $345 per foot. Unit mix is very attractive with large 3 and 4 bedroom townhouse style units. The units range from 1350 - 1650 sq ft each. This is a low maintenance and easy management property creating stable cash flow. Van Nuys offers more attainable rents compared to Sherman Oaks and Studio city , driving consistent tenant demand. The East San Fernando Valley Light Rain Transit Project along Van Nuys Blvd is expected to connect the area to the broader Metro system, increasing long term accessibility and property values. Continued Investment in the area and along Van Nuys Blvd aims at improving walkability and commercial activity. The nearby Van Nuys airport is one of the busiest general aviation airports in the world and supports thousands of aviation and aerospace jobs.

14827 Victory Blvd, Van Nuys

Courtesy of Keller Williams Realty Calabasas, Alex Galuz - CA DRE#01291486

$4,500,000
26664759 MLS
NON RENT CONTROL - Newly built gorgeous 9 unit building in the heart of the San Fernando Valley conveniently located at Kester Ave and Victory Blvd, between Van Nuys Blvd and the 405 freeway, providing central access to major employment hubs including Sherman Oaks, Encino, Burbank, Warner Center and North Hollywood. Quality modern construction with full subterranean parking. You could not build it for this cost today - Only $345 per foot. Unit mix is very attractive with large 3 and 4 bedroom townhouse style units. The units range from 1350 - 1650 sq ft each. This is a low maintenance and easy management property creating stable cash flow. Van Nuys offers more attainable rents compared to Sherman Oaks and Studio city , driving consistent tenant demand. The East San Fernando Valley Light Rain Transit Project along Van Nuys Blvd is expected to connect the area to the broader Metro system, increasing long term accessibility and property values. Continued Investment in the area and along Van Nuys Blvd aims at improving walkability and commercial activity. The nearby Van Nuys airport is one of the busiest general aviation airports in the world and supports thousands of aviation and aerospace jobs.

14827 Victory Boulevard, Van Nuys

Listing courtesy of Listing Agent: Alex Galuz (alex@galuzgroup.com) from Listing Office: Keller Williams Realty Calabasas.

$1,899,000
6 Beds 6 Baths 26657675 MLS
14650 & 14652 Margate St present a rare modern compound offering two fully independent residences on one lot, built in 2020 and designed with clean architectural lines and contemporary finishes throughout.The main residence spans approximately 1,900 square feet across two levels and features 3 bedrooms and 3.5 bathrooms. Soaring ceilings and wide-plank wood flooring set the tone, while the open-concept layout seamlessly connects the living, dining, and kitchen spaces. The chef's kitchen is appointed with sleek European-style cabinetry, a waterfall-edge island, stainless steel appliances, and striking stone backsplash.Upstairs, the spacious primary suite serves as a private retreat, complete with a generous walk-in closet and a beautifully designed spa-inspired bathroom featuring a soaking tub, oversized glass-enclosed shower, and modern dual vanities with designer finishes.Privately positioned at the rear of the property, the legal 1,200-square-foot ADU offers 3 bedrooms and 2 bathrooms with 10-foot ceilings and an open, light-filled layout. Complete with its own separate address and individual gas and electrical meters, this residence lives like a true second home ideal for rental income, multi-generational living, or a private office retreat. The backyard offers a private outdoor setting ideal for entertaining or relaxing, with ample patio space and low-maintenance landscaping that complements the home's modern design.Ideally located moments from Ventura Boulevard's premier dining and boutiques, Westfield Fashion Square, Whole Foods, Trader Joe's, and the Sherman Oaks Galleria. Enjoy close proximity to local parks, top-rated schools, and convenient access to the 101 and 405 freeways for effortless commuting throughout Los Angeles

14650 Margate St, Sherman Oaks

Courtesy of The Agency, Emil Hartoonian - CA DRE#01796925

$1,899,000
6 Beds 6 Baths 26657675 MLS
14650 & 14652 Margate St present a rare modern compound offering two fully independent residences on one lot, built in 2020 and designed with clean architectural lines and contemporary finishes throughout.The main residence spans approximately 1,900 square feet across two levels and features 3 bedrooms and 3.5 bathrooms. Soaring ceilings and wide-plank wood flooring set the tone, while the open-concept layout seamlessly connects the living, dining, and kitchen spaces. The chef's kitchen is appointed with sleek European-style cabinetry, a waterfall-edge island, stainless steel appliances, and striking stone backsplash.Upstairs, the spacious primary suite serves as a private retreat, complete with a generous walk-in closet and a beautifully designed spa-inspired bathroom featuring a soaking tub, oversized glass-enclosed shower, and modern dual vanities with designer finishes.Privately positioned at the rear of the property, the legal 1,200-square-foot ADU offers 3 bedrooms and 2 bathrooms with 10-foot ceilings and an open, light-filled layout. Complete with its own separate address and individual gas and electrical meters, this residence lives like a true second home ideal for rental income, multi-generational living, or a private office retreat. The backyard offers a private outdoor setting ideal for entertaining or relaxing, with ample patio space and low-maintenance landscaping that complements the home's modern design.Ideally located moments from Ventura Boulevard's premier dining and boutiques, Westfield Fashion Square, Whole Foods, Trader Joe's, and the Sherman Oaks Galleria. Enjoy close proximity to local parks, top-rated schools, and convenient access to the 101 and 405 freeways for effortless commuting throughout Los Angeles

14650 Margate Street, Sherman Oaks

Listing courtesy of Listing Agent: Emil Hartoonian (EHartoonian@TheAgencyRE.com) from Listing Office: The Agency.

$899,000
5 Beds 4 Baths BB26018175 MLS
Fall in love with Van Nuys living. This beautifully updated 5-bedroom, 4-bathroom residence offers 2,002 sq. ft. of living space, including a versatile 1-bedroom, 1-bath bonus unit with separate entrance and soaring ceilings—ideal for guests, extended family, or rental income. The main home (1,762 sq. ft.) features 4 bedrooms and 3 bathrooms, a remodeled kitchen, new HVAC, paid-off solar, and a bright, open layout designed for effortless indoor-outdoor living. Enjoy entertaining on the oversized rear patio, perfect for gatherings or quiet relaxation. Additional updates include a new roof installed in 2020, copper plumbing, and an expansive driveway with covered parking for two cars plus space for up to four more. One of the bedrooms also offers an excellent opportunity for an ADU conversion, adding even more value to the property. With its thoughtful upgrades, energy efficiency, and flexible floor plan, this home is as functional as it is inviting. Welcome Home!

15112 Domino, Van Nuys

Listing courtesy of Listing Agent: Bradley Gilboe (team@BWGRealtyGroup.com) from Listing Office: Exp Realty of California Inc..

$3,460,000
14 Beds 16 Baths 26633129 MLS
5750- 5752 Kester Ave, Van Nuys A fully occupied, modern two-building complex built in 2021, featuring a boutique collection of four contemporary townhomes near the heart of Sherman Oaks. The rear two units each offer 4 bedrooms and 4.5 bathrooms with direct access to a private tandem 2-car garage and a patio off the living area. The front two units include 3 bedrooms and 3 bathrooms, each with a detached tandem 2-car garage. Every residence showcases a sleek modern kitchen, in-unit laundry area, tankless water heaters, and abundant natural light throughout. Situated on a private corner lot, this turnkey investment combines style, functionality, and exceptional income-producing property just moments from premier shopping, dining, and major freeways.

5750 Kester Ave, Van Nuys

Courtesy of The Beverly Hills Estates, Danielle Peretz - CA DRE#01897529

$3,460,000
14 Beds 16 Baths 26633129 MLS
5750- 5752 Kester Ave, Van Nuys A fully occupied, modern two-building complex built in 2021, featuring a boutique collection of four contemporary townhomes near the heart of Sherman Oaks. The rear two units each offer 4 bedrooms and 4.5 bathrooms with direct access to a private tandem 2-car garage and a patio off the living area. The front two units include 3 bedrooms and 3 bathrooms, each with a detached tandem 2-car garage. Every residence showcases a sleek modern kitchen, in-unit laundry area, tankless water heaters, and abundant natural light throughout. Situated on a private corner lot, this turnkey investment combines style, functionality, and exceptional income-producing property just moments from premier shopping, dining, and major freeways.

5750 Kester Avenue, Van Nuys

Listing courtesy of Listing Agent: Danielle Peretz (danielle@danielleperetz.com) from Listing Office: The Beverly Hills Estates.

$2,950,000
PV25149173 MLS
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.

5236 Kester Avenue, Sherman Oaks

Listing courtesy of Listing Agent: Frank Ponce (frank@frankponce.com) from Listing Office: Coldwell Banker Realty.

$2,950,000
PV25148646 MLS
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.

5236 Kester Avenue Unit 6, Sherman Oaks

Listing courtesy of Listing Agent: Frank Ponce (frank@frankponce.com) from Listing Office: Coldwell Banker Realty.

$5,990,000
22 Beds 22 Baths 25555149 MLS
Presenting a rare ground-up multifamily development opportunity in Van Nuys, currently under construction with anticipated completion by January 2026. This offering provides investors with flexible delivery options either as-is for those seeking to complete the construction process or fully built and ready for lease-up and stabilization. At market rents, the project is projected to achieve an approximate 5% CAP rate. Additionally, it is uniquely situated within a federally designated Opportunity Zone, offering potential tax incentives for investors focused on long-term capital appreciation. Located in the heart of a rapidly transforming submarket, the site is surrounded by approximately 20 new multifamily developments within Van Nuys and borders high-growth neighborhoods such as Sherman Oaks and North Hollywood, where nearly 40 additional development projects are underway. Van Nuys continues to show strong rental demand and high occupancy levels, driven by a combination of job growth, population increases, and relative affordability compared to other parts of Los Angeles. The property's central location offers walkable access to local parks, Lake Balboa, coffee shops, restaurants, and everyday retail amenities. It also boasts excellent regional connectivity via the 405 and 101 freeways, Metro bus lines, and the Van Nuys Metrolink Station providing convenient access to key employment centers in Sherman Oaks, Burbank, Studio City, and Downtown Los Angeles.

14728 Friar St, Van Nuys

Courtesy of Kidder Mathews of California, Inc., Scott Rosenberg - CA DRE#01456686

$5,990,000
22 Beds 22 Baths 25555149 MLS
Presenting a rare ground-up multifamily development opportunity in Van Nuys, currently under construction with anticipated completion by January 2026. This offering provides investors with flexible delivery options either as-is for those seeking to complete the construction process or fully built and ready for lease-up and stabilization. At market rents, the project is projected to achieve an approximate 5% CAP rate. Additionally, it is uniquely situated within a federally designated Opportunity Zone, offering potential tax incentives for investors focused on long-term capital appreciation. Located in the heart of a rapidly transforming submarket, the site is surrounded by approximately 20 new multifamily developments within Van Nuys and borders high-growth neighborhoods such as Sherman Oaks and North Hollywood, where nearly 40 additional development projects are underway. Van Nuys continues to show strong rental demand and high occupancy levels, driven by a combination of job growth, population increases, and relative affordability compared to other parts of Los Angeles. The property's central location offers walkable access to local parks, Lake Balboa, coffee shops, restaurants, and everyday retail amenities. It also boasts excellent regional connectivity via the 405 and 101 freeways, Metro bus lines, and the Van Nuys Metrolink Station providing convenient access to key employment centers in Sherman Oaks, Burbank, Studio City, and Downtown Los Angeles.

14728 Friar Street, Van Nuys

Listing courtesy of Listing Agent: Scott Rosenberg (scott.rosenberg@kidder.com) from Listing Office: Kidder Mathews of California, Inc..

$10,950,000
49 Beds 40 Baths 25549049 MLS
This newly constructed multifamily development represents a rare turnkey opportunity in the heart of Van Nuys. The project has secured its TCO and is pending final Certificate of Occupancy, positioning an investor to move directly into lease-up, with fourteen (14) units already occupied at pro forma rents, providing early income validation and a strong foundation for stabilization at a projected 5.43% market cap rate, allowing for immediate lease-up and optimized rental execution. The units are thoughtfully designed with spacious layouts, private balconies, and in-unit washer/dryers, while two oversized penthouse units crown the building and offer expansive outdoor living areas. The property also features 30 dedicated parking spaces secured behind a gated entrance, providing residents with both convenience and peace of mind. The asset is situated within one of the Valley's most active development corridors, with approximately 20 new multifamily projects underway in Van Nuys and nearly 40 additional developments progressing in adjacent neighborhoods such as Sherman Oaks and North Hollywood, reflecting sustained rental demand, high occupancy levels, continued employment growth, and relative affordability compared to nearby submarkets. The location provides residents with excellent access to parks, outdoor recreation, and a variety of nearby restaurants, cafs, and shopping destinations, while its central positioning within the Valley ensures convenient connectivity to major employment hubs and lifestyle amenities, making the asset a compelling opportunity for investors seeking a high-quality, newly built multifamily property with strong long-term growth potential.

14629 Erwin St, Van Nuys

Courtesy of Kidder Mathews of California, Inc., Scott Rosenberg - CA DRE#01456686

$10,950,000
49 Beds 40 Baths 25549049 MLS
This newly constructed multifamily development represents a rare turnkey opportunity in the heart of Van Nuys. The project has secured its TCO and is pending final Certificate of Occupancy, positioning an investor to move directly into lease-up, with fourteen (14) units already occupied at pro forma rents, providing early income validation and a strong foundation for stabilization at a projected 5.43% market cap rate, allowing for immediate lease-up and optimized rental execution. The units are thoughtfully designed with spacious layouts, private balconies, and in-unit washer/dryers, while two oversized penthouse units crown the building and offer expansive outdoor living areas. The property also features 30 dedicated parking spaces secured behind a gated entrance, providing residents with both convenience and peace of mind. The asset is situated within one of the Valley's most active development corridors, with approximately 20 new multifamily projects underway in Van Nuys and nearly 40 additional developments progressing in adjacent neighborhoods such as Sherman Oaks and North Hollywood, reflecting sustained rental demand, high occupancy levels, continued employment growth, and relative affordability compared to nearby submarkets. The location provides residents with excellent access to parks, outdoor recreation, and a variety of nearby restaurants, cafs, and shopping destinations, while its central positioning within the Valley ensures convenient connectivity to major employment hubs and lifestyle amenities, making the asset a compelling opportunity for investors seeking a high-quality, newly built multifamily property with strong long-term growth potential.

14629 Erwin Street, Van Nuys

Listing courtesy of Listing Agent: Scott Rosenberg (scott.rosenberg@kidder.com) from Listing Office: Kidder Mathews of California, Inc..

Information Deemed Reliable But Not Guaranteed. © 2026 CARETS ®

Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.