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 lush tree-lined streets and a delightful blend of suburban charm and urban sophistication, Sherman Oaks offers a unique lifestyle that appeals to families, young professionals, and investors alike. With its proximity to the bustling city, residents enjoy easy access to an array of shopping, dining, and entertainment options, all while basking in the tranquility of this picturesque community.

One of the standout features of Sherman Oaks is its diverse real estate market, particularly the availability of multi-family homes. These properties are not just a smart investment; they provide a fantastic opportunity for those looking to create a home that accommodates multiple generations or to generate rental income. With a variety of architectural styles, from classic California bungalows to modern complexes, multi-family homes in Sherman Oaks cater to various preferences and budgets.

The neighborhood is known for its friendly atmosphere and excellent schools, making it an ideal choice for families seeking a nurturing environment. Parks, recreational facilities, and community events abound, fostering a sense of belonging among residents. Whether you’re looking to invest or find a spacious home that fits your lifestyle, Sherman Oaks offers a dynamic real estate market with multi-family options that stand out. Embrace the opportunity to be part of this thriving community, where home means more than just a place to live; it’s about creating lasting memories and connections. Explore the possibilities in Sherman Oaks today!

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.