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Listed by Akash Saini • Keller Williams Realty Calabasas
$ 4,200,000
Est. payment | /mo
10,442 SqFt
$ 4,200,000
Est. payment | /mo
10,442 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 10,442 sqft
Price per Sqft $402
MLS Listing ID CRSR25208443
HOA Y/N No
Year Built 1986
Lot Size 8,401 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Other
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227