CA > Sherman Oaks
Sherman Oaks, CA 91401,5707 Tilden Ave
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Sherman Oaks, CA 91401,5707 Tilden Ave
Sherman Oaks, CA 91401,5707 Tilden Ave
Sherman Oaks, CA 91401,5707 Tilden Ave
Sherman Oaks, CA 91401,5707 Tilden Ave
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Donny Piwowarski

Donny Piwowarski

+1(209) 740-1004
$ 1,615,000
Est. payment /mo
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5707 Tilden Ave Sherman Oaks, CA 91401

8 Beds

6 Baths

4,618 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,618 sqft

Price per Sqft $349

MLS Listing ID 25569175

Bedrooms 8

Year Built 1952

Lot Size 6,750 Sqft

Acres 0.155

Property Sub-Type Multi-Family

Property Description

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

Location

State CA

County Los Angeles

Area Sherman Oaks

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Other

Cooling Multi/Zone

Equipment None

Exterior

Parking Features Assigned

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap
agent

Donny Piwowarski

Broker | License ID: 01444374

+1(209) 740-1004

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