Sherman Oaks (SO) Homes with Apartment Subtype

Sherman Oaks (SO) Homes with Apartment Subtype

Welcome to Sherman Oaks, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its picturesque tree-lined streets and a blend of suburban charm with urban conveniences, Sherman Oaks is a sought-after destination for families, young professionals, and anyone looking to enjoy the best of Southern California living.

One of the standout features of Sherman Oaks is its diverse real estate market, particularly the availability of homes with apartment subtypes. These properties offer a unique opportunity for homeowners and investors alike. Imagine owning a beautiful residence that not only provides a comfortable living space but also includes an apartment or guest unit. This flexibility allows for additional rental income or the perfect space for visiting family and friends.

Sherman Oaks boasts a variety of housing styles, from mid-century modern homes to cozy bungalows, all set against the backdrop of the stunning San Fernando Valley. The area is renowned for its vibrant dining scene, boutique shopping, and proximity to major freeways, making commuting to downtown Los Angeles or the nearby Hollywood Hills a breeze. Residents can enjoy the lush greenery of parks like Van Nuys-Sherman Oaks Park, perfect for outdoor activities and family gatherings.

With its welcoming community atmosphere and a plethora of amenities, Sherman Oaks is more than just a place to live—it's a lifestyle. Explore the possibilities of owning a home with an apartment subtype in this dynamic neighborhood and discover the perfect blend of comfort, convenience, and opportunity. Embrace the Sherman Oaks lifestyle today!

Newest Sherman Oaks (SO) Homes with Apartment Subtype

$2,950,000
PV25148646 MLS Active Status
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

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.