13042 Riverside Dr, Sherman Oaks, CA 91423

Local realty services provided by:ERA Excel Realty
13042 Riverside Dr,Sherman Oaks, CA 91423
$4,200,000
  • - Beds
  • - Baths
  • 10,442 sq. ft.
  • Multi-family
  • Active
Listed by:akash saini
Office:keller williams realty calabasas
MLS#:SR25208443
Source:CRMLS

Price summary

  • Price:$4,200,000
  • Price per sq. ft.:$402.22

About this home

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.

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Home facts

  • Year built:1986
  • Listing ID #:SR25208443
  • Added:1 day(s) ago
  • Updated:September 10, 2025 at 05:46 PM

Rooms and interior

  • Living area:10,442 sq. ft.

Structure and exterior

  • Year built:1986
  • Building area:10,442 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,200,000
  • Price per sq. ft.:$402.22
Based on information from California Regional Multiple Listing Service, Inc. as of September 10, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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