Price: $1,550,000 | 4 Units
Price/Unit: $387,500 | Price/BSF: $478.40
Cap Rate: 3.92% | GRM: 16.27
ADDRESS
14151 Moorpark Street
Sherman Oaks, CA 91423
14151 Moorpark Street presents a rare opportunity to acquire a well-maintained fourplex in the heart of Sherman Oaks - one of the most desirable and stable rental submarkets in the San Fernando Valley. Built in 1956, the property is situated on a quiet, tree-lined street just a short walk from the vibrant retail and dining scene along Ventura Boulevard.
The unit mix consists of two spacious 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering an ideal layout for tenants. The property features four private garages, providing valuable on-site parking and potential future ADU conversion (buyer to verify), along with a dedicated laundry room - a convenience that supports tenant satisfaction and additional income potential.
Zoned TOC Tier 3, the property offers long-term redevelopment potential in a walkable, high-demand location. Well-kept and easy to manage, this asset is an excellent fit for both seasoned investors and first-time multifamily buyers seeking a stabilized property with upside.
Tenants benefit from close proximity to major employers and freeway access, with the 101 and 405 Freeways just minutes away. Surrounded by shops, restaurants, and essential services, 14151 Moorpark Street offers the perfect balance of location, livability, and long-term value
PROPERTY INFORMATION
Prime Sherman Oaks location – walkable and highly desirable
Four (4) total units:
• Two (2) spacious 2-bedroom / 1-bath units
• Two (2) 1-bedroom / 1-bath units
Built in 1956 – quality mid-century construction
Well-maintained building with attractive curb appeal
Four (4) private garages – excellent parking and ADU potential (buyer to verify)
On-site laundry room – tenant convenience and income opportunity
TOC Tier 3 zoning – long-term development flexibility
Walking distance to Ventura Boulevard's retail and dining options
Minutes to the 101 and 405 Freeways – strategic central location
Strong rental demand in a historically stable market
Easy-to-manage, low-maintenance asset – great for investors or owner-users