
Sherman Oaks, California 91423
This High-Potential Investment Opportunity is listed at $2,500,000, positioned well below the $2,518,238 Fair Market Value by 0.72%. Featuring a rare unit mix of three 3-bedroom, 2.5-bathroom units and one 1-bedroom unit, this Turnkey Condition asset offers $18,238 in Instant Equity. With modern interiors and proximity to top-rated schools like Kester Avenue Elementary, this property ensures strong rental demand. It is an ideal acquisition for Buy-and-Hold Investors or multifamily portfolio managers seeking a stable, high-performing asset in Sherman Oaks.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4405 Ventura Canyon Avenue Subject | $2,400,000* List Price | 0 | 0 | 4,577 | $539 | - |
A 13470 Rand Drive Sold | $2,500,000 | 5 | 6 | 4,420 | $566 | 0.7 mi |
B 5044 Varna Avenue Sold | $1,905,000 | 5 | 3 | 3,121 | $610 | 0.9 mi |
C 4520 Tyrone Avenue Sold | $2,330,000 | 5 | 5 | 3,532 | $660 | 0.8 mi |
D 13424 Contour Active | $2,000,000 List Price | 3 | 4 | 4,536 | $441 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive contemporary renovation within the last 5 years, featuring modern kitchens with stainless steel appliances, designer bathrooms with high-end tile work, and updated flooring throughout. The exterior and systems, including visible rooftop HVAC units, appear well-maintained and updated, qualifying it as a turnkey, mint-condition asset.
Elementary School: Warner Avenue Elementary School (9/10).
The property features an exceptional unit mix including three spacious 3-bedroom, 2.5-bathroom units, which are highly rare for multifamily assets and command premium rental rates.
Extensively upgraded with modern kitchens, updated bathrooms, and contemporary finishes, the property offers a move-in ready investment with minimal immediate capital expenditure required.
The property was recently sold within the past year on 2026-02-12. The sold price is $2,500,000.00.
The seven available parking spaces are all uncovered, which may be a disadvantage for tenants seeking vehicle protection or higher security in a premium rental market.
With a 4,577 square foot building on a 5,787 square foot lot, there is very limited common outdoor space or room for future expansion and additional amenities.
Exceptional residential income opportunity in the heart of Sherman Oaks featuring four upgraded units totaling approximately 4577 square feet. This well maintained fourplex offers an attractive unit mix consisting of three spacious 3 bedroom 2.5 bathroom units and one 1 bedroom 1 bathroom unit, creating strong rental appeal and excellent income potential. The upgraded interiors showcase modern kitchens, updated bathrooms, contemporary finishes, stylish flooring, and bright open living areas designed for comfortable everyday living. Residents enjoy private outdoor spaces, abundant natural light, and convenient access to shopping, dining, entertainment, parks, and major transportation routes throughout the San Fernando Valley. The property includes seven uncovered parking spaces, adding convenience and value for tenants. Located in a highly desirable Sherman Oaks neighborhood, this turnkey investment presents a rare opportunity to acquire a quality multifamily asset with strong long term upside and broad tenant appeal in one of the areas most sought after rental markets.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades K-5 • 2.3 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 4,577 | 2,347 |
| Lot Size | 5,787 | 8,485 |
| Price | $2.40M | $1.81M |
| Price per sq ft | $524 | $827 |
| Built year | 1964 | 1956 |
| HOA | $0 | $0 |
| Days on market | 41 | 58 |
Jul 15, 2026
$2,400,000
$2,500,000
-4% Price Drop
Initial Listing
Jun 11, 2026
$2,500,000
Initial Listing
Feb 12, 2026
$2,500,000
Public Record
Aug 7, 2023
$1,850,000
Public Record
Dec 3, 1993
$360,000
Public Record