13042 Riverside Dr, Sherman Oaks CA, 91423

contect:6576665000 wechat:chuanqit ​​🏢 Sherman Oaks Multifamily Gem | 11 Units • Value-Add Opportunity • Prime Location • Near Ventura Blvd • 1986 Built​​ Stable Cash Flow • Renovation Upside • Walk to Westfield • Top Schools • 101/405 Freeway Access • Investor Dream Welcome to a rare 11-unit multifamily property in the heart of Sherman Oaks! This well-maintained 1986-built asset offers a diversified unit mix, immediate cash flow, and significant value-add potential through renovations — perfect for investors seeking a prime Los Angeles location with strong tenant demand and long-term appreciation. 📊 ​​Property Details​​ • ​​11 units​​ — ideal mix of studios, 1-bedrooms, and 2-bedrooms (confirm exact breakdown) • ​​Built in 1986​​ — solid construction with well-maintained systems • ​​Lot size​​: approximately ​​XX,XXX sq ft​​ (verify) — potential for expansion or amenities • ​​Parking​​: onsite parking for tenants — a premium in Sherman Oaks • ​​Common areas​​: landscaped grounds, possible laundry facilities — functional and inviting 💡 ​​Value-Add Potential​​ • ​​Unit upgrades​​: modernize kitchens, bathrooms, flooring, and lighting to increase rents • ​​Common area improvements​​: enhance curb appeal, add outdoor seating, or upgrade laundry • ​​Energy-efficient updates​​: solar, HVAC, or windows to reduce operating costs • ​​Branding and marketing​​: attract higher-quality tenants with premium finishes 📍 ​​Prime Sherman Oaks Location​​ • ​​Walk to Ventura Boulevard​​ — iconic shopping, dining, and entertainment • ​​Steps from Westfield Fashion Square​​ — luxury retail and convenience • ​​Near top schools​​ — including Buckley, Notre Dame, and Harvard-Westlake — attracts families • ​​Easy freeway access​​ (101, 405) — commute to Hollywood, DTLA, or the Valley • ​​High tenant demand​​ — low vacancy risk in a supply-constrained market 💰 ​​Investment Highlights​​ • ​​Stable in-place cash flow​​ — existing tenants provide immediate income • ​​Rent upside​​ — below-market rents can be increased with modest renovations • ​​1980s construction​​ — durable and low-maintenance with proven systems • ​​Sherman Oaks prestige​​ — consistently high demand and appreciation 🛠️ ​​Due Diligence Tips​​ • ​​Review rent rolls and expenses​​ — verify current NOI and occupancy • ​​Inspect unit conditions​​ — plan renovation budgets and timelines • ​​Check zoning and permits​​ — explore expansion or ADU potential • ​​Analyze area comps​​ — confirm post-renovation rental rates 🎯 ​​Perfect For​​ • ​​Experienced investors​​ seeking a value-add asset in a top-tier market • ​​Portfolio diversifiers​​ wanting stable multifamily cash flow • ​​1031 exchangers​​ looking for a prime Los Angeles replacement property ​​📅 Don’t Wait — This Sherman Oaks Gem Won’t Last!​​ Schedule a tour today and review the financials, units, and location for yourself. Contact us for offering memorandums, rent rolls, or a private viewing! 🔹 Ideal for 1031 exchange 🔹 Financing available for qualified buyers 🔹 Property management partnerships possible