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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.
| DAYS ON MARKET | 11 | LAST UPDATED | 9/9/2025 |
|---|---|---|---|
| YEAR BUILT | 1986 | COMMUNITY | SO - Sherman Oaks |
| GARAGE SPACES | 20.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AREA | SO - Sherman Oaks |
|---|---|
| GARAGE | Yes |
| LOT | 8403 sq ft |
| LOT DESCRIPTION | Near Public Transit |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3+ |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 9/18/25 4:43 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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