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Multifamily

El Dorado Villas

4510 Murietta Ave, Sherman Oaks, CA 91423

Listing Price: $21,000,000

Cap Rate
5.05%
Number of Units
33
GRM
11.79
Price/Unit
$636,364
Price/Gross SF
$418.77
Gross SF
50,147

Investment Overview

El Dorado Villas presents a rare opportunity to acquire a luxury condominium community reimagined as a high-performing multifamily asset in the coveted Sherman Oaks submarket. Constructed in 2008 and situated on a beautifully landscaped 0.6-acre parcel at 4510 Murietta Avenue, the 33-unit property offers true condo quality living, with spacious layouts and premium finishes that command top-of-market rents and sustain consistently low vacancy. The unit mix—24 three-bedroom/two-bath, 5 two-bedroom/two-and-a-half-bath, and 4 two-bedroom/two-bath units—caters to affluent families and professionals seeking upscale residences in a walkable neighborhood with a median local household income exceeding $140,000.

Investment Highlights

  • 33 individually parceled condominium units, currently operating as a luxury apartment community.
  • Phenomenal Sherman Oaks Location.
  • Built in 2008 and subject to AB1482 State Rent Control.

Exclusively Listed By

Financing By

Multifamily

El Dorado Villas

Listing Price: $21,000,000

Cap Rate
5.05%
Number of Units
33
GRM
11.79
Price/Unit
$636,364
Price/Gross SF
$418.77
Gross SF
50,147

Investment Highlights

  • 33 individually parceled condominium units, currently operating as a luxury apartment community.
  • Phenomenal Sherman Oaks Location.
  • Built in 2008 and subject to AB1482 State Rent Control.

Investment Overview

El Dorado Villas presents a rare opportunity to acquire a luxury condominium community reimagined as a high-performing multifamily asset in the coveted Sherman Oaks submarket. Constructed in 2008 and situated on a beautifully landscaped 0.6-acre parcel at 4510 Murietta Avenue, the 33-unit property offers true condo quality living, with spacious layouts and premium finishes that command top-of-market rents and sustain consistently low vacancy. The unit mix—24 three-bedroom/two-bath, 5 two-bedroom/two-and-a-half-bath, and 4 two-bedroom/two-bath units—caters to affluent families and professionals seeking upscale residences in a walkable neighborhood with a median local household income exceeding $140,000.

Exclusively Listed By

Financing By

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