$4,200,000

13042 Riverside Dr, Sherman Oaks, CA 91423

  • 5 beds |
  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon8,403sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

We are pleased to present 13042 Riverside Drive, built in 1986, an 11-unit multifamily asset in the heart of Sherman Oaks, one of Los Angeles most desirable rental markets. Featuring an attractive unit mix that promotes stable occupancy and low turnover, the property represents a true value-add opportunity with immediate cash flow and significant upside through strategic renovations. Its premier locationjust minutes from Ventura Boulevard, the 101 and 405 freeways, and within walking distance to Westfield Fashion Square, boutique retail, trendy dining, and entertainment optionscreates a highly attractive lifestyle for tenants. Combined with proximity to some of the areas top private and charter schools, this positioning ensures enduring demand and long-term appreciation. This rare offering brings together stability, growth potential, and lifestyle appeal, making it a compelling acquisition for investors seeking both security and upside in a supply-constrained submarket.

Listing Status:
Active
Listing Office:
Keller Williams Realty Calabasas : 818-657-6500
Listing Agent:
Akash Saini : 916-704-4184
MLS ID:
SR25208443
  • Pool: N/K
  • General: 3 Story
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Assessor2358033009
  • Source: California Regional MLS

This listing courtesy of Akash Saini, Keller Williams Realty Calabasas

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

R

Riverside Drive Charter

13061 Riverside Dr, Sherman Oaks, CA, 91423

Grades KG-5

0.05 miles away

M

Millikan Middle School

5041 Sunnyslope Ave, Sherman Oaks, CA, 91423

Grades 6-8

0.70 miles away

J

Jack London Continuation

12924 Oxnard St, Van Nuys, CA, 91401

Grades 9-12

1.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing