We are pleased to present 13042 Riverside Drive, built in 1986, an 11-unit multifamily asset in the heart of Sherman Oaks, one of Los Angeles’ most desirable rental markets. Featuring an attractive unit mix that promotes stable occupancy and low turnover, the property represents a true value-add opportunity with immediate cash flow and significant upside through strategic renovations. Its premier location—just minutes from Ventura Boulevard, the 101 and 405 freeways, and within walking distance to Westfield Fashion Square, boutique retail, trendy dining, and entertainment options—creates a highly attractive lifestyle for tenants. Combined with proximity to some of the area’s top private and charter schools, this positioning ensures enduring demand and long-term appreciation. This rare offering brings together stability, growth potential, and lifestyle appeal, making it a compelling acquisition for investors seeking both security and upside in a supply-constrained submarket.
Property Details
Price:
$4,200,000
MLS #:
SR25208443
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
so
Listed Date:
Sep 9, 2025
Total Sq Ft:
10,442
Lot Size:
8,401 sqft / 0.19 acres (approx)
Year Built:
1986
See this Listing
Schools
Interior
Laundry Features
CM
Exterior
Community Features
SL
Parking Spots
20
Financial
Map
Community
- AddressRiverside Dr Lot 48 Sherman Oaks CA
- CitySherman Oaks
- CountyLos Angeles
- Zip Code91423
Market Summary
Current real estate data for Single Family in Sherman Oaks as of Nov 18, 2025
150
Single Family Listed
39
Avg DOM
463
Avg $ / SqFt
$1,342,654
Avg List Price
Property Summary
- Riverside Dr Lot 48 Sherman Oaks CA is a Single Family for sale in Sherman Oaks, CA, 91423. It is listed for $4,200,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1986. The average price per square foot for Single Family listings in Sherman Oaks is $463. The average listing price for Single Family in Sherman Oaks is $1,342,654.
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