4617 Tilden Avenue, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 0 bed, 0 bath
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Sherman Oaks, California 91403
This Value-Add Triplex Asset is listed at $1,250,000, aligning with its $1,250,000 Fair Market Value. Currently holding a Condition Rating of 5 due to significant deferred maintenance and outdated systems, the property presents a clear path for forced appreciation through comprehensive modernization. The 6,880-square-foot lot includes a private patio and sits within the Los Angeles Unified School District, offering long-term location stability. With a 2,082-square-foot footprint, this triplex is a high-upside acquisition perfectly suited for Value-Add Investors or Contractors looking to capitalize on the prime Sherman Oaks rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4617 Tilden Avenue Subject | $1,229,000* List Price | 0 | 0 | 2,082 | $590 | - |
A 5003 Kester Avenue Active | $1,200,000 List Price | 4 | 2 | 1,624 | $739 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949, this property exhibits significant deferred maintenance and outdated systems. Interior images show extreme clutter, dated knotty pine cabinetry and wall paneling, and visible structural damage including missing ceiling tiles and exposed wiring in utility areas. The kitchen and bathrooms require complete modernization, and the overall state of the property necessitates substantial rehabilitation.
The triplex configuration offers multiple revenue streams, making it an ideal asset for investors looking to expand their portfolio or for an owner-user to offset their mortgage.
Situated in a highly desirable Sherman Oaks neighborhood (91403), the property is conveniently located near premium shopping, dining, and major freeway access.
The 6,880-square-foot lot provides ample outdoor space for tenants and offers potential flexibility for future improvements or the addition of an ADU.
Built in 1949, the property may require significant capital expenditures for upgrades to major systems like plumbing, electrical, and roofing to meet modern standards.
With a total of 2,082 square feet divided among three units, the average unit size is relatively small, which may limit the tenant pool to individuals or couples.
To achieve top-tier market rents in Sherman Oaks, the units likely require cosmetic and functional updates to compete with newer or fully renovated multi-family options.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1949 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 14, 2026
$1,229,000
$1,250,000
-2% Price Drop
Initial Listing
Oct 26, 2025
$1,250,000
$1,275,000
-2% Price Drop
Initial Listing
Aug 26, 2025
$1,275,000
Initial Listing