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4706 Sepulveda BLVD Sherman Oaks, CA 91403
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Key Details
Sold Price $10,055,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25135332
Year Built 1986
Lot Size 0.537 Acres
Property Sub-Type Apartment
Property Description
Prime Sherman Oaks Multifamily Investment Opportunity Welcome to Executive House Apartments, a well-maintained apartment building located at 4706 Sepulveda Blvd, directly across from the Sherman Oaks Galleria—a premier lifestyle destination in one of Los Angeles' most desirable rental submarkets. Positioned in the heart of Sherman Oaks, Executive House Apartments offers immediate access to Ventura Blvd, the 101 and 405 Freeways, and a wide array of shopping, dining, and entertainment options. This central location, combined with limited multifamily inventory, makes the property an ideal long-term investment in a high-demand, supply-constrained market. The building features a favorable unit mix, with 90% of the units consisting of spacious two-bedroom floor plans, catering to strong tenant demand in the area. Additionally, the property is not subject to the Los Angeles Rent Stabilization Ordinance (RSO)—providing enhanced flexibility for future operations and rent growth. Executive House Apartments offers a well-rounded amenity package that enhances tenant appeal, including gated and controlled access, 24-hour video surveillance, central HVAC, an elevator, on-site laundry, and a fully parked layout. Residents also enjoy access to a swimming pool, creating a well-balanced living experience that supports long-term occupancy and tenant satisfaction. Executive House Apartments is an exceptional opportunity to acquire a core multifamily asset in the thriving Sherman Oaks submarket of the San Fernando Valley.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Garage, See Remarks, Tandem
Garage Spaces 29.0
Garage Description 29.0
Pool Community, Fenced, See Remarks
Community Features Street Lights, Sidewalks, Pool
Building
Lot Description Walkstreet
Story 4
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Owner Will Carry, Owner May Carry
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Owner Will Carry, Owner May Carry
Special Listing Condition Standard
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Bought with Akash Saini Keller Williams Realty Calabasas