13042 Riverside Dr, Sherman Oaks, CA 91423

About this property

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.

Listing description from the December 2025 sale, as reported to CRMLS.

Sale history

$3,332,000

Sold December 2025 · listed $4,200,000, on market September 2025 · MLS #SR25208443 · Source: CRMLS

Listing Agent: Akash Saini · Listing Office: Keller Williams Realty Calabasas · Contact: 916-704-4184 · Bought with: Akash Saini · Keller Williams Realty Calabasas

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