Sherman Oaks (SO) Homes with Multi Family Subtype

Welcome to Sherman Oaks, a vibrant neighborhood nestled in the heart of Los Angeles, California. Known for its tree-lined streets, charming boutiques, and a delightful blend of urban and suburban living, Sherman Oaks is a hidden gem that offers residents a unique lifestyle. With its close proximity to the iconic Hollywood Hills and the bustling energy of the San Fernando Valley, this area provides the perfect backdrop for both relaxation and entertainment.

Sherman Oaks is particularly renowned for its diverse real estate options, including homes with a multi-family subtype. These properties are ideal for investors and families alike, offering the opportunity to live in one unit while renting out another. Imagine the potential of generating passive income while enjoying the comforts of your own home! Multi-family homes in Sherman Oaks often feature spacious layouts, modern amenities, and beautiful outdoor spaces that are perfect for gatherings and relaxation.

The community is rich in amenities, from trendy cafes and gourmet restaurants to lush parks and recreational facilities. Residents appreciate the easy access to major freeways and public transportation, making it convenient to explore all that Los Angeles has to offer. With excellent schools and a welcoming atmosphere, Sherman Oaks is an ideal place for families to settle down.

Whether you’re looking to invest in a multi-family property or find your dream home, Sherman Oaks offers a unique blend of opportunity and lifestyle. Discover the charm of this exceptional neighborhood and see why so many are proud to call Sherman Oaks home!

Newest Sherman Oaks (SO) 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.