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First Time on the Market in Over 50 Years! Welcome to this unique investment opportunity in the heart of Sherman Oaks! This charming eight unit apartment building offers exceptional potential for both investors and residents. Nestled in a highly desirable Sherman Oaks neighborhood, this property features eight spacious 1-bedroom, 1- bathroom apartments, consistently in high demand due to their prime location. Property Highlights: • Prime Location: Situated in a vibrant area of Sherman Oaks, renowned for its excellent shopping options, fine dining, and entertainment venues. Enjoy the convenience of living close to The Sherman Oaks Galleria, Westfield Fashion Square, and an array of local boutiques. • Accessibility: Ideal for commuters, with easy access to the 101 and 405 Freeways, ensuring a smooth journey to downtown Los Angeles, the San Fernando Valley, and beyond. • Rental Potential: The 1-bedroom units are always easy to rent, making this property a stable and lucrative investment. The excellent location and charming neighborhood appeal to a wide range of tenants. Each unit has a separate gas and electric meter. There are 6 parking spaces at the rear of the property. First time on the market in over half a century, this property retains much of its original charm while offering the potential for modern updates and increased value. This property is perfect for those looking to invest in a sought-after location with consistent rental demand. Don’t miss out on this rare opportunity to own a piece of Sherman Oaks history.
Listing agent: Jill Fischer-Politz DRE #00907458 jill@jillfischer.com, Listing office: Beverly and Company, Inc.
MLS data updated 11/4/2026, 5:46:48 AM PT
Source: CRMLS, MLS #: SR24126500
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 9, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,035,055Closed sale · Aug 9, 2024ZIP 91423 · Aug 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.