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Listed by Marcus & Millichap, Filip Niculete.

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13804 Moorpark STSherman Oaks, CA 91423

Active
$2,950,000
10
10
4,301 SqFt

We are pleased to present 13804-13808 Moorpark St., a fully renovated, turnkey eight-unit multifamily property in the heart of Sherman Oaks. Ideally situated near Woodman Avenue and Moorpark Street, it's just one block from Ventura Boulevard's top shopping, dining, and nightlife.Seven of the eight units are currently vacant, fully renovated, and rent-ready, giving buyers the option to close escrow with vacancies or have the seller lease them beforehand. This exibility appeals to both traditional investors and mission-driven buyers, such as nonprots seeking move-in-ready housing.Over the past three years, the sellers have invested approximately $1,000,000 into the property, including a ground-up development of two, two-bed ADUs over the parking lot and a full renovation of the original six-unit building. Situated on a prime corner lot, the property features eight dedicated parking spaces and a fenced-in side yard, perfect for a BBQ area or dog walk. Each unit is separately metered for gas and electricity, with two water metersone for each buildingallowing for an easy implementation of a RUBS utility reimbursement system upon lease-up.The newly constructed ADU building, completed in 2025, consists of two spacious two-bed, two-bath units, each with a den/ofce and high-end nishes, nine-foot ceilings, and in-unit laundry. All work has been completed, and the certicate of occupancy is anticipated by June 2025, providing a fully move-in-ready asset at delivery.The original six-unit building, built in 1953 and renovated between 2023-2025, consists entirely of studio units. Five have been fully upgraded and are currently vacant, while one longer-term tenant remains in place. Each renovated unit features a separate kitchen and sleeping area, new copper plumbing, electrical systems, cabinetry, ooring, appliances, and in-unit washer/dryersan uncommon feature for Sherman Oaks studios, boosting rental appeal.This property presents an excellent investment opportunity, providing bu


FACTS & FEATURES

  • Property Type:
    Residential Income
  • Architectural Style:
  • Bedrooms:
    10
  • Bathrooms:
    10
  • Dwelling Size:
    4,301 SqFt
  • Lot Size:
    0.14 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1953
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces:
    Features: Covered
  • Area:
    SO - Sherman Oaks
  • Views:
  • Schools:
  • HOA:
  • Senior Community:
    False
  • Heating:
    Wall Furnace,Central
  • Cooling:
    Central Air
  • Appliances:
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
  • Foundation:
  • Roof:

LOCATION


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Listing Office: Marcus & Millichap. Listing Agent: Filip Niculete. Listing ID: 25517057

Last Updated April 3, 2025 5:15 AM
Data last checked against CRMLS on May 6, 2025 12:55 PM

Based on information from California Regional Multiple Listing Service, Inc. as of May 6, 2025 12:55 PM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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