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Listed by Akash Saini • Keller Williams Realty Calabasas
$ 4,200,000
Est. payment /mo
New
13042 Riverside Dr Sherman Oaks, CA 91423
8,401 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25208443
Year Built 1986
Lot Size 8,401 Sqft
Source California Regional MLS
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 location-just minutes from Ventura Boulevard, the 101 and 405 freeways, and within walking distance to Westfield Fashion Square, boutique retail, trendy dining, and entertainment options-creates a highly attractive lifestyle for tenants. Combined with proximity to some of the area's 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
Area So - Sherman Oaks
Interior
Laundry Community Facility
Exterior
Garage Spaces 20.0
Pool None
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 2358033009
Special Listing Condition Not Applicable
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