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13709 Milbank St
Sherman Oaks, CA 91423
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Prime Sherman Oaks location, just south of Ventura Blvd
- Large lot with excellent frontage and access
- Surrounded by high-end single family and multifamily properties
- Ideal for owner-user, investor, or developer
- Potential for ADU addition or redevelopment (buyer to verify)
- Close proximity to Whole Foods, The Galleria, Blue Jam Cafe, and more
Executive Summary
Located just steps from Ventura Blvd in the heart of Sherman Oaks, 13709 Milbank Street presents a rare opportunity to acquire a well-positioned asset in one of the Valley’s most desirable neighborhoods. Nestled on a quiet tree-lined street, this property offers immediate access to upscale retail, dining, and entertainment, with exceptional walkability and proximity to major freeways and employment centers.
This is a rare chance to acquire a property in a location where supply is limited and demand continues to rise. Whether repositioning, holding for long-term appreciation, or developing a new high-end multifamily or SFR product, 13709 Milbank St checks every box. There is also the unique option for an owner/developer to occupy the existing front house while developing additional units in the rear, creating both immediate usability and long-term value.
This is a rare chance to acquire a property in a location where supply is limited and demand continues to rise. Whether repositioning, holding for long-term appreciation, or developing a new high-end multifamily or SFR product, 13709 Milbank St checks every box. There is also the unique option for an owner/developer to occupy the existing front house while developing additional units in the rear, creating both immediate usability and long-term value.
Property Facts
| Price Per Unit | $516,040 CAD | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 3,890 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1928 |
| Apartment Style | Low-Rise | Parking Ratio | 0.8/1,000 SF |
| Building Class | C | ||
| Zoning | R3, Los Angeles - medium-density residential | ||
| Price Per Unit | $516,040 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,890 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | R3, Los Angeles - medium-density residential |
Amenities
Unit Amenities
- Balcony
- Washer/Dryer
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,966 CAD | 600 - 700 |
| 2+1 | 1 | - | 1,050 |
Property Taxes
| Parcel Number | 2271-007-001 | Improvements Assessment | $808,468 CAD |
| Land Assessment | $1,469,943 CAD | Total Assessment | $2,278,410 CAD |
Property Taxes
Parcel Number
2271-007-001
Land Assessment
$1,469,943 CAD
Improvements Assessment
$808,468 CAD
Total Assessment
$2,278,410 CAD
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