A Stabilized Sherman Oaks Asset · Nine Doors Off Ventura
14218 Sylvan Street, Sherman Oaks
Offered At
$2,298,888
At A Glance
A 1964 stucco building on an 8,749 sq ft Sherman Oaks parcel. The unit mix is built for stability: four two-bedroom homes and five one-bedrooms. Renovated interiors, exterior improvements, and a fully occupied rent roll the day a buyer takes title.
Walk The Property
Four frames carry the story of this asset: the architecture, the address, the access, and the surrounding density that drives the rent roll. Request the offering memorandum for the full set, the T-12, and current rents.
“A unit mix built for stable, long-term tenancy. The property is fully occupied with all nine units currently leased.”
The Asset
Nine units, every door currently leased. Four two-bedroom homes and five one-bedrooms, sized for the Sherman Oaks renter that signs a long lease and stays. The mix minimizes turnover by design, and the rent roll arrives stabilized on day one.
Per the listing, interiors have been fully renovated throughout. Granite and limestone counters in the kitchens, stainless appliances, and updated finishes across both floors. Exterior improvements and a fresh exterior paint complete the recent capital cycle. The expensive items are behind the asset, not in front of it.
The location is the second half of the math. Two blocks south of Ventura Boulevard, with the 405, 101, and 170 freeways within minutes. Adjacent to the Van Nuys Civic Center and Federal Building, and a short drive to Encino, Woodland Hills, North Hollywood, Burbank, and downtown. The kind of address tenants do not leave.
The Mix
Nine total doors. Four 2BD/2BA homes and five 1BD/1BA units. The mix the long-tenancy Sherman Oaks renter looks for.
The Rent Roll
Every unit currently leased. A T-12 and current rent roll are available on request with a signed CA.
The Access
The 405, 101, and 170 within minutes. Adjacent to the Van Nuys Civic Center and Federal Building.
The Particulars
Four 2BD/2BA homes and five 1BD/1BA units. Built for stable tenancy, sized for the Sherman Oaks renter who signs a long lease and stays.
Every door currently leased. The rent roll is stabilized the day a buyer takes title.
Granite and limestone counters, stainless appliances, and updated finishes throughout. Capital cycle is behind the asset.
Exterior improvements and a fresh exterior paint complete the recent capital work. The building presents well from the curb.
405, 101, and 170 within minutes. Adjacent to the Van Nuys Civic Center, walking distance to Ventura Boulevard.
Acquisition Math
Adjust the inputs below to model the monthly principal and interest on 14218 Sylvan. A starting point for the underwriting conversation, not a quote.
Estimated Monthly Debt Service
$10,485
Principal and interest only. Property taxes, insurance, and operating expenses are not included. Based on a list price of $2,298,888.
The Submarket
Sylvan Street sits in the dense rental fabric immediately south of the Van Nuys Civic Center and Federal Buildings. The 405, 101, and 170 freeways are within minutes, putting the parcel inside the daily commute path for renters working anywhere in the western valley or over the hill.
Ventura Boulevard, with its restaurants, grocers, and transit access, is a two-block walk. Encino, Woodland Hills, North Hollywood, Burbank, Hollywood, and downtown Los Angeles all sit within an easy drive. A location built for renter demand at the size and price these units serve.
Two blocks south of Ventura Boulevard, adjacent to the Van Nuys Civic Center
For Qualified Buyers
Share your details and we will return the offering memorandum, T-12, current rent roll, and tour availability within 24 hours.