Perfect Owner/User or Investment Opportunity....New construction in prime Sherman Oaks, this boutique 4-unit apartment building offers a rare opportunity to acquire a 2024 built multifamily asset in one of the San Fernando Valley's most desirable rental markets. Ideally located within walking distance of Ventura Boulevard's restaurants, coffee shops, retail, and everyday conveniences, the property combines modern design, strong tenant appeal, and an exceptional walkable location.Each spacious residence features a three-bedroom, two-bath floor plan with high ceilings, an open-concept living area, and a well-appointed kitchen designed for today's renters. In-unit washer and dryer, central AC & Heat with Google Nest, generous room sizes, cozy balcony and contemporary finishes enhance comfort and convenience, while the efficient layouts create a bright, functional living environment. Each unit is approximately 1,500 SF. The building includes a security camera system and gated ground-level covered parking with elevator access to the residential units, providing a level of convenience and privacy rarely found in smaller multifamily properties. With newer construction, desirable unit mix, premium amenities, and a coveted Sherman Oaks location near Ventura Boulevard, this asset is well positioned for long-term ownership, strong rental demand, and lasting value. ***Property is currently vacant***
| MLS # | 26865127 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2024 |
| Days On Site | 60 |
| Listing Provided By | Marcus & Millichap | Brett Sanson |
| Bed(s) | 12 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 5,992 |
| Story(s) | 3 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.12 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Elevator |
| Appliances | Dishwasher, Microwave, Refrigerator, Dryer, Washer |
| Security Features | Gated Community, Key Card Entry |
|---|---|
| Construction Materials | Stucco |
| Parking Features | Controlled Entrance, Covered |
|---|
| Community Features | Gated |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Sherman Oaks |
| Zip Code | 91423 |
| Area | SO Sherman Oaks |
| Listing VS Median (in 91423) | |
Price: $3,596,000 low | high Med: $682,000 sqft: 5,992 low | high Med: 1,433 $ / sqft: $600 low | high Med: $482 On site: 60 low | high Med: 191.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Sherman Oaks |
| Zip Code | 91423 |
| Area | SO Sherman Oaks |
| Listing VS Median (in 91423) | |
Price: $3,596,000 low | high Med: $682,000 sqft: 5,992 low | high Med: 1,433 $ / sqft: $600 low | high Med: $482 On site: 60 low | high Med: 191.5 | |
![]() | $3,195,0004325 Stern AvenueSherman Oaks, CA 91423 |