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, California. Known for its lush tree-lined streets, charming boutiques, and a diverse culinary scene, Sherman Oaks offers a unique blend of suburban tranquility and urban excitement. This sought-after community is conveniently located near the iconic Ventura Boulevard, providing easy access to shopping, dining, and entertainment options that cater to every lifestyle.

Sherman Oaks is not just a place to live; it’s a lifestyle. With its proximity to major freeways and the scenic beauty of the nearby Santa Monica Mountains, residents enjoy both the convenience of city living and the serenity of nature. Families are drawn to the area for its excellent schools, parks, and family-friendly atmosphere, while young professionals appreciate the vibrant social scene and easy access to the bustling heart of Los Angeles.

One of the standout features of Sherman Oaks is its diverse housing market, particularly the availability of homes with apartment subtypes. These properties offer a unique investment opportunity, allowing homeowners to live in one unit while renting out the other. This flexibility is perfect for multi-generational families, those looking for additional income, or anyone who desires a little extra space. The architectural styles range from charming mid-century bungalows to modern complexes, ensuring that there’s something to suit every taste and budget.

In Sherman Oaks, you’ll find not just a home, but a community that welcomes you with open arms. Experience the charm and convenience of this Los Angeles gem, where every day feels like a new adventure!

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

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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.