Sherman Oaks Homes with Multi Family Subtype

Welcome to Sherman Oaks, a vibrant neighborhood nestled in the heart of Los Angeles, California. Known for its picturesque tree-lined streets, Sherman Oaks boasts a unique blend of suburban charm and urban convenience. This thriving community is characterized by its diverse population, offering a rich tapestry of cultures, cuisines, and lifestyles. Residents enjoy easy access to a plethora of shopping, dining, and entertainment options, all while being just a stone's throw away from the bustling energy of Hollywood and Downtown LA.

One of the standout features of Sherman Oaks is its impressive selection of multi-family homes, making it an ideal choice for investors and families alike. These properties not only provide ample living space but also offer the potential for rental income, making them a smart investment in a city known for its real estate opportunities. From charming duplexes to modern apartment complexes, there’s something to suit every taste and budget.

Living in a multi-family home in Sherman Oaks means embracing a sense of community while still enjoying the privacy and comfort of your own space. Families can benefit from the proximity to top-rated schools, parks, and recreational facilities, while investors can take advantage of the neighborhood's strong rental market. With its desirable location, vibrant atmosphere, and diverse housing options, Sherman Oaks is a hidden gem in Los Angeles, perfect for those looking to experience the best of California living. Whether you're searching for your dream home or a savvy investment, Sherman Oaks awaits with open arms!

Newest Sherman Oaks Homes with Multi Family Subtype

$2,950,000

PV25149173 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, 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.