Multifamily
13223-13225 Moorpark Street - Main House and Four (4) Rental Units
13223 Moorpark St, Sherman Oaks, CA 91423
Listing Price: $1,750,000
Investment Overview
Property located in Prime Sherman Oaks, Corner Lot with Alley in the back, across from the popular M Street Cafe.
• Consistent Rental Demand: Because of its central location, neighborhood walkability, and vibrant dining and shopping hubs (like Ventura Boulevard and the Sherman Oaks Galleria), it attracts steady demand from young professionals, families, and renters looking for a desirable Westside-adjacent lifestyle without Westside prices.
• Strong Demographics and Renters: The neighborhood typically features a higher median household income relative to the broader San Fernando Valley, which translates to a stable tenant base with reliable rent-paying capabilities.
• Desirable Multifamily Fundamentals: For apartment building investors, the area's high proportion of renters means low historical vacancy rates. Smaller and mid-sized apartment complexes perform well, and properties benefit from strong rental rate growth over time.
13223-13225 Moorpark Street - Main House and Four (4) Rental Units
Investment Highlights
- Hard-to-Find Asset Located in most desirable Sherman Oaks Location, on Moorpark Street
- Offering consists of a large main house and 4 rental units Fully remodeled main house with large private and enclosed yard opening up to Moorpark Street.
- Main house includes a large living room with fire place, a large den opening up to a swimming pool, large remodeled kitchen with breakfast nook and two generously sized bedrooms and bathrooms.
- The main house was fully gutted and remodeled in 2019
- There are 4 rental units in the rear with separate and gated entrance.
- Fully remodeled vacant single unit with top of the line appointments in 2026
- Low operating expenses- trash paid by tenants through DWP
- Alley in the rear providing access to parking and potential for future redevelopment Corner lot providing ample light to all units Great curb appeal Gated and secured Across the popular M Street Cafe on Moorpark Street New roof 2018 Seismic retrofit completed 2022
Exclusively Listed By
Financing By
Multifamily
13223-13225 Moorpark Street - Main House and Four (4) Rental Units
Listing Price: $1,750,000
Investment Highlights
- Hard-to-Find Asset Located in most desirable Sherman Oaks Location, on Moorpark Street
- Offering consists of a large main house and 4 rental units Fully remodeled main house with large private and enclosed yard opening up to Moorpark Street.
- Main house includes a large living room with fire place, a large den opening up to a swimming pool, large remodeled kitchen with breakfast nook and two generously sized bedrooms and bathrooms.
- The main house was fully gutted and remodeled in 2019
- There are 4 rental units in the rear with separate and gated entrance.
- Fully remodeled vacant single unit with top of the line appointments in 2026
- Low operating expenses- trash paid by tenants through DWP
- Alley in the rear providing access to parking and potential for future redevelopment Corner lot providing ample light to all units Great curb appeal Gated and secured Across the popular M Street Cafe on Moorpark Street New roof 2018 Seismic retrofit completed 2022
Investment Overview
Property located in Prime Sherman Oaks, Corner Lot with Alley in the back, across from the popular M Street Cafe. • Consistent Rental Demand: Because of its central location, neighborhood walkability, and vibrant dining and shopping hubs (like Ventura Boulevard and the Sherman Oaks Galleria), it attracts steady demand from young professionals, families, and renters looking for a desirable Westside-adjacent lifestyle without Westside prices. • Strong Demographics and Renters: The neighborhood typically features a higher median household income relative to the broader San Fernando Valley, which translates to a stable tenant base with reliable rent-paying capabilities. • Desirable Multifamily Fundamentals: For apartment building investors, the area's high proportion of renters means low historical vacancy rates. Smaller and mid-sized apartment complexes perform well, and properties benefit from strong rental rate growth over time.
Exclusively Listed By
Financing By
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