5707 Tilden Avenue
Sherman Oaks, CA, 91401
$1,615,000
Beds
0 Baths
SqFt
0.16 Acres
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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

Property Details

Price:
$1,615,000
MLS #:
25569175
Status:
Active
Baths:
0
Address:
5707 Tilden Avenue
Type:
Residential Income
Neighborhood:
soshermanoaks
City:
Sherman Oaks
Listed Date:
Jul 30, 2025
State:
CA
ZIP:
91401
Lot Size:
6,750 sqft / 0.16 acres (approx)
Year Built:
1952
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5707 Tilden Avenue
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