$1,595,000

5707 Tilden Avenue, Sherman Oaks (los Angeles), CA 91401

  • 4,618 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $345/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

With its high in-place CAP Rate of 6.58%, the property is one of the most attractively priced listings within one of the most desirable neighborhoods of Los Angeles.Because the property does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, a new owner benefits by saving on an otherwise costly expense (Buyer to verify). Expenses are reduced even further by the fact that trash service is provided by the City of Los Angeles at no cost to the landlord. A substantial revenue stream is generated by the property's storage units, which currently provide an additional $1,000 monthly beyond the apartment rental income collected.Located near the intersection of Van Nuys Boulevard and Burbank Boulevard, the building attracts residents with its convenient access to the amenities within Sherman Oaks, Studio City, Encino, and Valley Village. Costco and Target are each within a short driving distance, while the Westfield Fashion Square is just 1.7 miles away, with the high-end boutiques.

Listing Status:
Active
Date Added:
July 30, 2025
Data Last Updated:
May 20, 2026 at 10:06PM
Listing Office:
Marcus & Millichap : 818-212-2700
Listing Agent:
Roderick 'Rick' Raymundo : 213-943-1855
MLS ID:
CL25569175
  • Parking: Assigned
  • County: Los Angeles
  • Zoning: LARD1.52245006012

This listing courtesy of Roderick 'Rick' Raymundo , Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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