16
Bedrooms
Sold for $3,110,000 · Aug 2025
SOLDListed at $3,900,000
Sherman Oaks, CA
MLS# 25532977
Nick Astrupgaard
Listing Agent
KW Commercial Studio City
DRE #: 01893466
Brokerage: KW Commercial Studio City
16
Bedrooms
16
Bathrooms
11,010 sqft
Square Feet
1953
Year Built
0.29 acres
Lot Size
$282
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
Property
Property Type
4321 Saugus Avenue is a 12-unit apartment building being offered for sale that has been owned by the same family for multiple generations. 4321 Saugus Avenue is located South of Ventura Boulevard and adjacent to the 405 Freeway, considered one of SFV's most prestigious and desirable rental markets, and offers easy access to an enormous and diverse set of employers. The immediate area has historically provided investors with exceptional long-term capital appreciation and wealth preservation. 4321 Saugus Avenue, built in 1953 and comprised of 11,010 SF of improvements, features oversized apartments and an ideal unit composition of eight (6) One-Bedroom | One-Bathroom units and four (4) Two-Bedroom | Two-Bathroom units. The building resides in a quiet residential neighborhood with manicured landscaping. The offering is situated on a large Corner parcel measuring 12,557 square feet. Resident amenities include parking for 11 vehicles, a common-area laundry room, gated entry, manicured landscaping, and well-kept common areas. Sherman Oaks is one of LA's most stable and desirable suburban neighborhoods. Furthermore, the subject property offers residents access to a myriad of entertainment venues, travel corridors, and dining options in and around the surrounding neighborhoods.
Listing description from the August 2025 sale, as reported to CRMLS.
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1 recorded sale
4321 Saugus Avenue sold for $3,110,000 in August 2025, 20% under its $3,900,000 list price, after 116 days on the market. It was first listed at $4,000,000. That works out to $282 per square foot on 11,010 square feet. Across 108 closed sales in 91403 over the last 12 months, the median sold price is $1,487,500 and the median is $685 per square foot, 143% above this sale's $282.
| Quarter | Closed sales in 91403 | Median sold price |
|---|---|---|
| Q1 2026 | 10 | $1,731,250 |
| Q2 2026 | 44 | $1,724,500 |
| Q3 2026 | 41 | $1,300,000 |
| Q4 2026 | 13 | $1,326,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Sherman Oaks · Homes for sale in 91403
Closed sales reported in 91403, nearest first, last 12 months. All recent sales in Sherman Oaks →
4321 Saugus Avenue
Contact Nick Astrupgaard
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Contact Listing Agent
KW Commercial Studio City
DRE #01893466
Contact information is not available for this listing.