$1,700,000
About this home
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.
Facts & features
- Laundry
- Common Area
- Lot size
- 0.245 acres (10,668 sq ft)
- Pool
- None
- Year built
- 1953
- Parking spaces
- 6
- Area
- VN - Van Nuys
- County
- Los Angeles
- Community features
- Street Lights
- Status
- Active
- Property type
- Apartment
- Days on market
- 63
- Listed
- 2026-05-05
- Original price
- $1,800,000
- Terms
- Exchange 1031
- Parcel #
- 2244015020
- MLS #
- SR26094895
