Sherman Oaks CA Multi-Family Real Estate, Homes for Sale

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 Rent Control. There is an excellent unit mix that includes Two Two-Bedroom/Two-Bath Units and Four One-Bedroom/One-Bath Units, One Studio and One Studio ADU. The property is minutes from the endless dining, shopping, and entertainment options on Ventura Blvd. The Sherman Oaks Galleria is also a very short drive away. Access to the 101 and 405 Freeway's is very close by, which provides easy access to the surrounding area and job opportunities. This is a great opportunity to own an apartment building with renovated units in a desirable Sherman Oaks location.

5170 Columbus Ave, Sherman Oaks

Courtesy of Marcus & Millichap, Brett Sanson - CA DRE#01387480

$1,990,000

8 Beds ⋅ 10 Baths ⋅ 26103249 MLS

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 Rent Control. There is an excellent unit mix that includes Two Two-Bedroom/Two-Bath Units and Four One-Bedroom/One-Bath Units, One Studio and One Studio ADU. The property is minutes from the endless dining, shopping, and entertainment options on Ventura Blvd. The Sherman Oaks Galleria is also a very short drive away. Access to the 101 and 405 Freeway's is very close by, which provides easy access to the surrounding area and job opportunities. This is a great opportunity to own an apartment building with renovated units in a desirable Sherman Oaks location.

5170 Columbus Avenue, Sherman Oaks

Listing courtesy of Listing Agent: Brett Sanson (brett.sanson@marcusmillichap.com) from Listing Office: Marcus & Millichap.

$1,950,000

6 Beds ⋅ 6 Baths ⋅ 26103276 MLS

Offering consists of a large main house with enclosed private yard and 4 rental units in the rear; Hard-to-Find Asset in most desirable Sherman Oaks Location on Moorpark Street; Fully remodeled main house with large private and enclosed yard; Main house includes a large living room with fire place, a large den opening up to a swimming pool, large remodeled kitchen with breakfast nook and two generously sized bedrooms and bathrooms. The main house was fully gutted and remodeled in 2019; There are also 4 rental units in the rear with a separate and gated entrance. Fully remodeled vacant single unit with top of the line appointments; Low operating expenses- trash paid by tenants through DWP; Alley in the rear providing access to parking and potential for future redevelopment; Corner lot providing ample light to all units; Great curb appeal; Gated and secured; Across the popular M Street Cafe on Moorpark Street; New roof 2018; Seismic retrofit completed 2022.

13223 Moorpark St, Sherman Oaks

Courtesy of Marcus & Millichap, Jeanette Monfared - CA DRE#00765098

$1,950,000

6 Beds ⋅ 6 Baths ⋅ 26103276 MLS

Offering consists of a large main house with enclosed private yard and 4 rental units in the rear; Hard-to-Find Asset in most desirable Sherman Oaks Location on Moorpark Street; Fully remodeled main house with large private and enclosed yard; Main house includes a large living room with fire place, a large den opening up to a swimming pool, large remodeled kitchen with breakfast nook and two generously sized bedrooms and bathrooms. The main house was fully gutted and remodeled in 2019; There are also 4 rental units in the rear with a separate and gated entrance. Fully remodeled vacant single unit with top of the line appointments; Low operating expenses- trash paid by tenants through DWP; Alley in the rear providing access to parking and potential for future redevelopment; Corner lot providing ample light to all units; Great curb appeal; Gated and secured; Across the popular M Street Cafe on Moorpark Street; New roof 2018; Seismic retrofit completed 2022.

13223 Moorpark Street, Sherman Oaks

Listing courtesy of Listing Agent: Jeanette Monfared (janette.monfared@marcusmillichap.com) from Listing Office: Marcus & Millichap.

$10,500,000

51 Beds ⋅ 45 Baths ⋅ 26102390 MLS

Behind a quiet, tree-lined facade on Kester Avenue, 4630 Kester Ave pairs resort-style living with everyday ease in the heart of Sherman Oaks. The Appel Group, with Equity Union Commercial, is pleased to present this 28-unit multifamily offering of six three-bedroom, ten two-bedroom, and twelve one-bedroom residences, with select units featuring hardwood floors, gas ranges, fireplaces, vaulted ceilings, central air and heat, and private patios or balconies filled with natural light. Built new in 1996 after the original building was completely torn down, the property is all new construction with a newer, more contemporary profile than the 1960s and 1970s walk-ups that define much of the surrounding submarket. The building spans 31,236 square feet on a 28,805 square foot lot, and its amenities read like a private club: a swimming pool and spa/jacuzzi, a fitness/weight room and recreation room, an elevator with secure entry, private storage rooms, community laundry, professionally landscaped grounds, secure gated subterranean parking with guest parking, and door-to-door trash pickup.Step outside and the neighborhood takes over. With an 82 Walk Score at Ventura Boulevard and Kester Avenue, dinner at Bacari Sherman Oaks, Mizlala, or Daisy Margarita Bar is a short stroll, with Sherman Oaks Plaza and La Reina Shopping Center moments away. The 101 and 405 freeways are close at hand, connecting residents to employment centers across the San Fernando Valley and the Westside.Elegant in design and generous in amenity, 4630 Kester Ave is more than a multifamily investment. It is a well-appointed Sherman Oaks address positioned to deliver durable resident demand and meaningful long-term value.

4630 Kester Ave, Sherman Oaks

Courtesy of Equity Union, Eliyahu Appel - CA DRE#01918652

$10,500,000

51 Beds ⋅ 45 Baths ⋅ 26102390 MLS

Behind a quiet, tree-lined facade on Kester Avenue, 4630 Kester Ave pairs resort-style living with everyday ease in the heart of Sherman Oaks. The Appel Group, with Equity Union Commercial, is pleased to present this 28-unit multifamily offering of six three-bedroom, ten two-bedroom, and twelve one-bedroom residences, with select units featuring hardwood floors, gas ranges, fireplaces, vaulted ceilings, central air and heat, and private patios or balconies filled with natural light. Built new in 1996 after the original building was completely torn down, the property is all new construction with a newer, more contemporary profile than the 1960s and 1970s walk-ups that define much of the surrounding submarket. The building spans 31,236 square feet on a 28,805 square foot lot, and its amenities read like a private club: a swimming pool and spa/jacuzzi, a fitness/weight room and recreation room, an elevator with secure entry, private storage rooms, community laundry, professionally landscaped grounds, secure gated subterranean parking with guest parking, and door-to-door trash pickup.Step outside and the neighborhood takes over. With an 82 Walk Score at Ventura Boulevard and Kester Avenue, dinner at Bacari Sherman Oaks, Mizlala, or Daisy Margarita Bar is a short stroll, with Sherman Oaks Plaza and La Reina Shopping Center moments away. The 101 and 405 freeways are close at hand, connecting residents to employment centers across the San Fernando Valley and the Westside.Elegant in design and generous in amenity, 4630 Kester Ave is more than a multifamily investment. It is a well-appointed Sherman Oaks address positioned to deliver durable resident demand and meaningful long-term value.

4630 Kester Avenue, Sherman Oaks

Listing courtesy of Listing Agent: Eliyahu Appel (eli.appel@theappelgroup.com) from Listing Office: Equity Union.

$1,649,000

5 Beds ⋅ 3 Baths ⋅ 26991673 MLS

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.

14525 Dickens St, Sherman Oaks

Courtesy of The Agency, Rebekah Schwartz Sklar - CA DRE#01215678

$1,649,000

5 Beds ⋅ 3 Baths ⋅ 26991673 MLS

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.

14525 Dickens Street, Sherman Oaks

Listing courtesy of Listing Agent: Rebekah Schwartz Sklar (Rebekah.Sklar@theagencyre.com) from Listing Office: The Agency.

$1,260,000

5 Beds ⋅ 8 Baths ⋅ 26991271 MLS

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.

13444 Burbank Blvd, Sherman Oaks

Courtesy of Equity Union, Eliyahu Appel - CA DRE#01918652

$1,260,000

5 Beds ⋅ 8 Baths ⋅ 26991271 MLS

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.

13444 Burbank Boulevard, Sherman Oaks

Listing courtesy of Listing Agent: Eliyahu Appel (eli.appel@theappelgroup.com) from Listing Office: Equity Union.

$1,875,000

GD26198579 MLS

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.

13520 Rye, Sherman Oaks

Listing courtesy of Listing Agent: Jack Baboudjian (contact@babprop.com) from Listing Office: Baboudjian Properties Inc..

$1,500,000

SR26185687 MLS

We are proud to represent this 7 unit property in Sherman Oaks. The building was constructed in 1964. Its unit mix consists of (1) studio unit, (4) 1+1 units, and (2) 2+1 units. With a lot size of 6,502 square feet, the property has a total of 4,837 rentable square feet. The property is situated in a prime Sherman Oaks area, which has a comfortable blend of urban and suburban amenities. Along with sunny, clean sidewalks, the city offers many hip cafes and shops — especially on Ventura Boulevard, which features the Sherman Oaks Galleria and many upscale restaurants. Residents also have easy access to the 405 and 101 freeways.

14716 Magnolia Boulevard, Sherman Oaks

Listing courtesy of Listing Agent: Cindy Hill (cindyhill@valleyapartmentsales.com) from Listing Office: Equity Union.

$4,900,000

SR26182561 MLS

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!

4824 Hazeltine Ave, Sherman Oaks

Listing courtesy of Listing Agent: Simon Asef (simon@dmcinvestments.com) from Listing Office: D.M.C. Real Estate Co..

$949,888

SR26172852 MLS

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!

5743 5745 Kester Avenue, Sherman Oaks

Listing courtesy of Listing Agent: Edward Frish (efrish@c21edva.com) from Listing Office: Century 21 Hollywood.

$3,195,000

SR26170746 MLS

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).

4325 Stern Avenue, Sherman Oaks

Listing courtesy of Listing Agent: Darius Majlessi (dmajlessi@sbcglobal.net) from Listing Office: Sotheby's International Realty.

$3,496,000

12 Beds ⋅ 8 Baths ⋅ 26865127 MLS

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***

13846 Moorpark St, Sherman Oaks

Courtesy of Marcus & Millichap, Brett Sanson - CA DRE#01387480

$3,496,000

12 Beds ⋅ 8 Baths ⋅ 26865127 MLS

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***

13846 Moorpark Street, Sherman Oaks

Listing courtesy of Listing Agent: Brett Sanson (brett.sanson@marcusmillichap.com) from Listing Office: Marcus & Millichap.

$999,000

SR26159546 MLS

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.

5919 Cedros, Sherman Oaks

Listing courtesy of Listing Agent: Mario Acosta (offers@marioacosta.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.

$1,350,000

5 Beds ⋅ 5 Baths ⋅ 26849143 MLS

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.

4747 Orion Ave, Sherman Oaks

Courtesy of Marcus & Millichap, Neema Ahadian - CA DRE#01346750

$1,350,000

5 Beds ⋅ 5 Baths ⋅ 26849143 MLS

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.

4747 Orion Avenue, Sherman Oaks

Listing courtesy of Listing Agent: Neema Ahadian (neema@marcusmillichap.com) from Listing Office: Marcus & Millichap.

$3,195,000

12 Beds ⋅ 12 Baths ⋅ 26841753 MLS

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

15330 Weddington St, Sherman Oaks

Courtesy of Onward Capital, Inc., Serena Shlomof - CA DRE#01986310

$3,195,000

12 Beds ⋅ 12 Baths ⋅ 26841753 MLS

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

15330 Weddington Street, Sherman Oaks

Listing courtesy of Listing Agent: Serena Shlomof (serena@onwardcapitalre.com) from Listing Office: Onward Capital, Inc..

$1,545,000

4 Beds ⋅ 4 Baths ⋅ 26661779 MLS

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.

14722 Magnolia Blvd, Sherman Oaks

Courtesy of Kidder Mathews of California, Inc., Joshua Luchs - CA DRE#01845545

$1,545,000

4 Beds ⋅ 4 Baths ⋅ 26661779 MLS

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.

14722 Magnolia Boulevard, Sherman Oaks

Listing courtesy of Listing Agent: Joshua Luchs (Josh.Luchs@Kidder.com) from Listing Office: Kidder Mathews of California, Inc..

$1,229,000

GD25190151 MLS

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.

4617 Tilden Avenue, Sherman Oaks

Listing courtesy of Listing Agent: Raffi Soualian (raffi@jhhre.com) from Listing Office: JohnHart Real Estate.

$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.

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