11
See all 11 photos
$4,200,000
Est. payment /mo
5 Beds
6 Baths
New
13042 Riverside Dr Sherman Oaks, CA 91423
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25208443
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Near Whole Foods - Coldwater Canyon and Riverside Drive
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 2358033009
Listed by Akash Saini Keller Williams Realty Calabasas
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