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4909 Coldwater Canyon Ave 6 Unit Apartment Building $2,322,618 CAD ($387,103 CAD/Unit) 4.28% Cap Rate Sherman Oaks, CA 91423

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Executive Summary

4909 Coldwater Canyon Avenue presents a premier investment opportunity to acquire a well-maintained 6-unit multifamily asset in the heart of Sherman Oaks, one of the San Fernando Valley’s most resilient and high-demand rental submarkets. Comprising a strategic mix of four spacious one-bedroom/one-bathroom units and two large two bedroom/one-bathroom units, the property offers a classic aesthetic paired with functional layouts that consistently outperform high-density modern developments in tenant retention.
Sherman Oaks continues to lead the San Fernando Valley in stability, characterized by tight inventory and a steady influx of high-income professionals. While the broader Los Angeles market has seen fluctuations, the 91423 zip code remains a “top choice” for families and commuters.

Property Facts

Price $2,322,618 CAD
Price Per Unit $387,103 CAD
Sale Type Investment
Cap Rate 4.28%
Gross Rent Multiplier 15.8
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.27 AC
Building Size 5,412 SF
No. Stories 2
Year Built 1952
Parking Ratio 1/1,000 SF
Zoning LARD1.5

Amenities

Unit Amenities

  • Air Conditioning
  • Fireplace
  • Heating
  • Hardwood Floors
  • Range

Site Amenities

  • Laundry Facilities
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - 1,106
1+1 4 - 800

Property Taxes

Property Taxes

Parcel Number
2358-022-008
Land Assessment
$1,745,463 CAD
Improvements Assessment
$714,050 CAD
Total Assessment
$2,459,513 CAD
  • Listing ID: 39629258

  • Date on Market: 2026-03-02

  • Last Updated:

  • Address: 4909 Coldwater Canyon Ave, Sherman Oaks, CA 91423

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