$10,055,000
$10,600,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
6 Baths
SOLD DATE : 07/31/2025
Key Details
Sold Price $10,055,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25135332
Sold Date 07/31/25
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Sherman Oaks Multifamily Investment Opportunity Welcome to Executive House Apartments, a well-maintained apartment building located at 4706 Sepulveda Blvd, directly across from the Sherman Oaks Galleriaa premier lifestyle destination in one of Los Angeles most desirable rental submarkets. Positioned in the heart of Sherman Oaks, Executive House Apartments offers immediate access to Ventura Blvd, the 101 and 405 Freeways, and a wide array of shopping, dining, and entertainment options. This central location, combined with limited multifamily inventory, makes the property an ideal long-term investment in a high-demand, supply-constrained market. The building features a favorable unit mix, with 90% of the units consisting of spacious two-bedroom floor plans, catering to strong tenant demand in the area. Additionally, the property is not subject to the Los Angeles Rent Stabilization Ordinance (RSO)providing enhanced flexibility for future operations and rent growth. Executive House Apartments offers a well-rounded amenity package that enhances tenant appeal, including gated and controlled access, 24-hour video surveillance, central HVAC, an elevator, on-site laundry, and a fully parked layout. Residents also enjoy access to a swimming pool, creating a well-balanced living experience that supports long-term occupancy and tenant satisfaction. Executive House Apartments is an exceptional opportunity to acquire a core multifamily asset in the thriving Sherman Oaks submarket of the San Fernando Valley.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Ventura Boulevard and Sepulveda Boulevard
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 4
Level or Stories 4
Others
Tax ID 2264004034
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Bought with Akash Saini Keller Williams Realty Calabasas
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