Sherman Oaks Homes with Apartment Subtype

Welcome to Sherman Oaks, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its lush tree-lined streets and a perfect blend of suburban charm and urban convenience, Sherman Oaks is a sought-after destination for families, young professionals, and retirees alike. With its prime location, residents enjoy easy access to the bustling energy of downtown Los Angeles, while still being able to retreat to the peaceful ambiance of their community.

One of the most appealing aspects of Sherman Oaks is its diverse real estate market, particularly the availability of homes with apartment subtypes. These properties offer a unique opportunity for homeowners and investors alike, combining the comforts of a private residence with the potential for rental income. Imagine living in a beautifully designed home while having the option to rent out an apartment space to help offset your mortgage or provide a cozy place for family and friends to stay.

The neighborhood is dotted with an array of dining options, boutique shops, and recreational parks, making it an ideal place to call home. From the iconic Sherman Oaks Galleria to the serene Van Nuys/Sherman Oaks Park, there’s something for everyone. Additionally, the area boasts excellent schools and a strong sense of community, making it an attractive choice for those looking to settle down.

Whether you're searching for a charming bungalow or a modern multi-family home, Sherman Oaks offers a wealth of opportunities. Discover the perfect balance of lifestyle and investment in this enchanting Los Angeles neighborhood today!

Newest Sherman Oaks Homes with Apartment Subtype

$1,750,000

SR26165869 MLS ⋅ Active Status

Equity Union Commercial is proud to represent this 7 unit property in Sherman Oaks. The building was constructed in 1964. Its unit mix consists of (2) 1+1 units, (4) 2+2 units, and (1) 3+2 unit. With a lot size of 6,513 square feet, the property has a total of 6,478 rentable square feet. The property is situated in a prime Sherman Oaks area, which has a comfortable blend of urban and suburban amenities. Along with sunny, clean sidewalks, the city offers many hip cafes and shops — especially on Ventura Boulevard, which features the Sherman Oaks Galleria and many upscale restaurants. Residents also have easy access to the 405 and 101 freeways.

14205 Burbank Boulevard, Sherman Oaks

$2,298,888

BB26108071 MLS ⋅ Active Status

This well-maintained 9-unit apartment building in Sherman Oaks features a desirable unit mix consisting of (4) 2 bed/2 bath unit, (5) 1 bed/1 bath unit, situated on an 8,749 sq ft lot, the property offers approximately 8,957 rentable square feet. The unit mix supports stable, long-term tenancy and helps minimize turnover. The property is fully occupied with all units currently leased. Extensive upgrades have been completed throughout the property granite and sizar stone counter tops, stainless still appliance, including exterior improvements and painting, and fully renovated interiors. Conveniently located near the 405, 101, and 170 freeways, the property provides excellent accessibility. It is next to Citi Hall Court House Federal Buildings and just minutes from Ventura Boulevard, offering a wide variety of dining, shopping, and entertainment options, as well as nearby public transportation with easy access to Encino, Woodland Hills, North Hollywood, Burbank, Hollywood, and Downtown Los Angeles.

14218 Sylvan Street, Sherman Oaks

$3,395,000

SR26072883 MLS ⋅ Active Status

Price Improvement for Five Townhomes in prime Sherman Oaks, just steps from Ventura Boulevard. Located at 4325 Stern Avenue and built in 2008, this exceptional property offers a rare and valuable feature: each of the five units has its own APN, presenting a unique opportunity for future condo conversion. All units are thoughtfully possess 3 bedrooms and 2.5 bathrooms, and include private garages, rooftop decks, and in-unit laundry—ideal for modern living and strong rental appeal. Perfectly positioned with easy access to the Westside, the property is surrounded by top-tier amenities including Whole Foods, Trader Joe’s, Fashion Square, and convenient access to the 101 and 405 freeways. Residents also enjoy being within walking distance to some of Sherman Oaks’ most popular dining destinations, including Sweet Butter, Taisho, Casita, Pizzana, Petit Trois, and BLVD Steak. A rare investment opportunity in one of the Valley’s most sought-after neighborhoods.

4325 Stern, Sherman Oaks

$2,950,000

PV25148646 MLS ⋅ Active Status

Unlock the potential of a truly exceptional investment in the heart of Sherman Oaks. This 10-unit apartment complex is ideally positioned just steps from the bustling retail and dining corridor of Magnolia Boulevard, one of the most dynamic and desirable destinations in the San Fernando Valley. This location offers immediate access to everything today's renters desire—walkable amenities, top-rated schools, trendy cafes, fitness studios, and convenient freeway access via the 101 and 405. It’s a location that commands attention and attracts high-quality, long-term tenants. The property itself is a rare find: spacious, townhouse-style units that provide residents with the comfort and feel of a home rather than a typical apartment. These desirable layouts, coupled with features like central air and heat, hardwood floors, fireplaces, private patios, and on-site gated parking, set this asset apart from others in the market. The building has already undergone key capital improvements including a brand-new roof and completed soft-story seismic retrofitting, positioning it for long-term stability and low maintenance. This is a true hidden gem—gated, private, and exclusive—nestled within one of the most in-demand rental pockets in Sherman Oaks. Known for its low vacancy rates and strong tenant demand, this area is a magnet for professionals and families seeking lifestyle, convenience, and comfort. From an investment standpoint, the numbers speak for themselves: with a 43.67% potential upside in rents, this property is a prime reposition opportunity in a market where rent growth continues to climb. With limited new rental inventory in the area and increasing demand for larger, well-located units, this property stands to significantly increase cash flow post-renovation or strategic upgrades. Whether you're looking to add a trophy asset to your portfolio or secure a high-performing investment in a blue-chip neighborhood, this Sherman Oaks multifamily offering checks all the boxes. Opportunities like this rarely come to market. Contact us today to schedule a private tour and explore how this incredible asset can elevate your portfolio.

5236 Kester Avenue Unit 6, Sherman Oaks

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.