11
See all 11 photos
$4,200,000
Est. payment /mo
8,402 Sqft Lot
New
13042 Riverside Dr Sherman Oaks, CA 91423
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25208443
HOA Y/N No
Year Built 1986
Lot Size 8,402 Sqft
Property Sub-Type Apartment
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
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 20.0
Garage Description 20.0
Pool None
Community Features Street Lights
Total Parking Spaces 20
Private Pool No
Building
Lot Description Near Public Transit
Story 1
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 2358033009
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Akash Saini Keller Williams Realty Calabasas 916-704-4184
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