CA > Sherman Oaks
Sherman Oaks, CA 91423,13042 Riverside Dr
Sherman Oaks, CA 91423,13042 Riverside Dr
Sherman Oaks, CA 91423,13042 Riverside Dr
$3,332,000
Est. payment /mo

UPDATED:

Key Details

Sold Price $3,332,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR25208443

Sold Date 12/12/25

HOA Y/N No

Year Built 1986

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area So - Sherman Oaks

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 20.0

Garage Description 20.0

Pool None

Community Features Street Lights

Total Parking Spaces 20

Private Pool No

Building

Lot Description Near Public Transit

Story 1

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 2358033009

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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CRMLS – RECore
Listed by Akash Saini Keller Williams Realty Calabasas 916-704-4184
Bought with Akash Saini Keller Williams Realty Calabasas

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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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