5707 Tilden Avenue, Sherman Oaks, CA 91401
Local realty services provided by:Better Homes and Gardens Real Estate Champions
5707 Tilden Avenue,Sherman Oaks, CA 91401
$1,615,000
- 8 Beds
- 6 Baths
- 4,618 sq. ft.
- Multi-family
- Active
Listed by:roderick 'rick' raymundo
Office:marcus & millichap
MLS#:25569175
Source:CRMLS
Price summary
- Price:$1,615,000
- Price per sq. ft.:$349.72
About this home
With its high in-place CAP Rate of 6.22%, the property is one of the most attractively priced listings within one of the most desirable neighborhoods of Los Angeles. Because the property does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, a new owner benefits by saving on an otherwise costly expense (Buyer to verify). Expenses are reduced even further by the fact that trash service is provided by the City of Los Angeles at no cost to the landlord. A substantial revenue stream is generated by the property's storage units, which currently provide an additional $1,000 monthly beyond the apartment rental income collected. A new owner may seek to take advantage of the approved architectural plans for two potential ADUs, which could increase both the monthly income and the property value even further. Located near the intersection of Van Nuys Boulevard and Burbank Boulevard, the building attracts residents with its convenient access to the amenities within Sherman Oaks, Studio City, Encino, and Valley Village. Costco and Target are each within a short driving distance, while the Westfield Fashion Square is just 1.7 miles away, with the high-end boutiques and fine dining destinations along Ventura Boulevard less than two miles south
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Home facts
- Year built:1952
- Listing ID #:25569175
- Added:57 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Living area:4,618 sq. ft.
Structure and exterior
- Year built:1952
- Building area:4,618 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,615,000
- Price per sq. ft.:$349.72
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