13042 Riverside Dr Active

Sherman Oaks,CA 91423

$ 4200000

5 Beds

0 Bath

0 SqFt


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

Exterior

View Y/N No

Building

Story 1

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