
Sherman Oaks, California 91423
Analysis of 14225 Riverside, Sherman Oaks, California 91423 is currently available with a list price of $1,600,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sherman Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1954, this multi-unit property is functional and maintained but clearly aged. While the listing mentions updates like hardwood floors, the images reveal a kitchen with dated tile countertops, older white appliances, and basic cabinetry consistent with renovations from 15-30 years ago. The exterior and interior fixtures show typical wear for a mid-century building that has not undergone a recent, comprehensive modern renovation.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in a highly walkable area near the new Trader Joe’s, Citrus Commons, and Westfield Fashion Square, ensuring high tenant demand and strong rental appeal.
The property features three private garages and an on-site laundry room, providing essential conveniences that command higher rents in a competitive market.
With only three garages for five units, the lack of a 1:1 parking ratio may be a drawback for some tenants, despite the availability of street parking.
Originally constructed in 1954, the building may require ongoing capital expenditures for aging systems typical of mid-century multi-family assets.
Located in a highly desirable area of Sherman Oaks within walking distance to the newly built Trader Joe’s and Citrus Commons, this 5-unit building consists of all one-bedroom & one-bathroom units. Corner lot with 3 units upstairs & 2 downstairs, each unit’s front door faces a nice quiet residential street. There have been updates made to the various units over the years which includes hardwood floors, updated bathrooms, ceiling fans & a large walk-in closet in the bedroom. The building also has its own laundry room and there are 3 attached private garages and ample street parking in front and around the building. Minutes away from the Westfield Fashion Square Mall with various shops and restaurants, LA Valley College, parks and easy freeway access.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 2.0 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,677 | 5,726.5 | 50% |
| Lot Size | 5,332 | 6,785 | 50% |
| Price | $1.60M | $2.12M | 50% |
| Price per sq ft | $435 | $388 | 50% |
| Built year | 1954 | 1971 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 58 | 50% |
Mar 25, 2026
$1,600,000
Initial Listing
Apr 10, 2019
$1,355,000
Public Record
Sep 16, 2009
$790,000
Public Record