13042 Riverside Dr Active Save Request In-Person Tour Request Virtual Tour
Sherman Oaks,CA 91423
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,442 sqft
Price per Sqft $402
MLS Listing ID SR25208443
HOA Y/N No
Year Built 1986
Lot Size 8,402 Sqft
Acres 0.1929
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
Laundry Community
Exterior
Garage Spaces 20.0
Pool None
Community Features Street Lights
Private Pool No
Building
Lot Description Near Public Transit
Story 1
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS 1031 Exchange,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Akash Saini
SHOW CONTACT PH 818-642-0242
SHOW INSTRUCTIONS Drive-by only. Please do not disturb the tenants. For showings call list agent at 818-642-0242 or contact Samuel Manoochehri at 310-619-8677.