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13504 Moorpark Street presents a rare opportunity to acquire a well maintained six-unit multifamily property in prime Sherman Oaks. Offered for the first time in nearly 40 years, the property is priced at $1,895,000, representing a 5.31% cap rate and a 11.05 GRM, with approximately 28% upside in rental income. Built in 1964, the 6,183-square-foot property features an attractive unit mix consisting of five spacious two-bedroom, one-and-a-half-bathroom townhomes and one one-bedroom, one-bathroom flat. The units offer desirable residential amenities, including large private patios and fireplaces. Four of the six units have RUBS in place, allowing for the recovery of certain capital expenditures and utility expenses. New owner can potentially add RUBS for the new windows/exterior work recently completed. The property has benefited from significant capital improvements, including anew roof, new electrical panels and subpanels, new windows throughout, updated copper plumbing throughout most of the building, and a soft-story seismic retrofit completed in 2019.
Property Type(s):
Residential Income
| Last Updated | 11/13/2026 | Year Built | 1964 |
|---|---|---|---|
| Community | SO - Sherman Oaks | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | SO - Sherman Oaks |
| FIREPLACE | Yes |
| GARAGE | Yes |
| LOT | 6168 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 50x125 |
| PARKING | Covered, Garage, Private, On Street |
| POOL DESCRIPTION | None |
| STORIES | Split/Multi Level |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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