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4325 Stern Ave 5 Unit Apartment Building $5,152,678 CAD ($1,030,536 CAD/Unit) Sherman Oaks, CA 91423
Investment Highlights
- Steps away from Ventura Blvd
- Newer built in 2008
- Townhouse style
Executive Summary
Five Townhomes in prime Sherman Oaks, just steps from Ventura Boulevard. Located at 4325 Stern Avenue and built in 2008, this exceptional property offers a rare and valuable feature: each of the five units has its own APN, presenting a unique opportunity for future condo conversion. All units are thoughtfully possess 3 bedrooms and 2.5 bathrooms, and include private garages, rooftop decks, and in-unit laundry—ideal for modern living and strong rental appeal. Perfectly positioned with easy access to the Westside, the property is surrounded by top-tier amenities including Whole Foods, Trader Joe’s, Fashion Square, and convenient access to the 101 and 405 freeways. Residents also enjoy being within walking distance to some of Sherman Oaks’ most popular dining destinations, including Sweet Butter, Taisho, Casita, Pizzana, Petit Trois, and BLVD Steak. A rare investment opportunity in one of the Valley’s most sought-after neighborhoods.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$297,029
|
$42.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$297,029
|
$42.07
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $297,029 |
| Annual Per SF | $42.07 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $297,029 |
| Annual Per SF | $42.07 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $5,152,678 CAD | Building Class | C |
| Price Per Unit | $1,030,536 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 6,290 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2008 |
| Apartment Style | Low-Rise | Parking Ratio | 0.79/1,000 SF |
| Zoning | LAR3 | ||
| Price | $5,152,678 CAD |
| Price Per Unit | $1,030,536 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,290 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2008 |
| Parking Ratio | 0.79/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Kitchen
- Granite Countertops
- Double Pane Windows
- Patio
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
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4325 Stern Ave
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