4523 Woodman Avenue, Sherman Oaks, CA 91423

About this property

**NEW 2-COAT ACRYLIC COOL ROOF INSTALLED IN MAY 2025.*** Built in 2005, this exceptionally well-maintained 8-unit apartment building offers a rare investment opportunity in the highly-sought-after submarket of Sherman Oaks. Each spacious townhouse-style unit features well-appointed kitchens with granite countertops, refrigerator, range/oven, dishwasher, & microwave, soaring 10' bedroom ceilings, individual central HVAC systems, energy-efficient tankless water heaters, and in-unit washer/dryer. Perfect for 1031 exchange buyers or investors looking to expand their portfolio with a turnkey, low-maintenance property. The building is individually metered for gas and electricity. Property is exempt from SB721 (balcony inspections). Not subject to Los Angeles Rent Stabilization Ordinance (RSO), providing investors with valuable flexibility in this high-demand rental market.

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

Sale history

$3,650,000

Sold July 2025 · listed $3,850,000, orig. $3,995,000, on market March 2025 · MLS #25504293 · Source: CRMLS

Listing Agent: Austin Chen · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Artur Khechumyan · Coldwell Banker Hallmark

Explore Sherman Oaks