$1,550,000

14151 Moorpark St Sherman Oaks, CA 91423

Estimated payment $10,265/month

Total Views 218
3 Beds
2 Baths
3,240 Sq Ft
$478 Price per Sq Ft

Highlights

  • Laundry Room
  • Van Nuys High School Rated A
  • Rectangular Lot

About This Home

14151 Moorpark Street presents a rare opportunity to acquire a well-maintained fourplex in the heart of Sherman Oaks—one of the most desirable and stable rental submarkets in the San Fernando Valley. Built in 1956, the property is situated on a quiet, tree-lined street just a short walk from the vibrant retail and dining scene along Ventura Boulevard.The unit mix consists of two spacious 2-bedroom / 1-bath units and two 1-bedroom / 1-bath units, offering an ideal layout for tenants. The property features four private garages, providing valuable on-site parking and potential future ADU conversion (buyer to verify), along with a dedicated laundry room—a convenience that supports tenant satisfaction and additional income potential.Zoned TOC Tier 2, the property offers long-term redevelopment potential in a walkable, high-demand location. Well-kept and easy to manage, this asset is an excellent fit for both seasoned investors and first-time multifamily buyers seeking a stabilized property with upside.Tenants benefit from close proximity to major employers and freeway access, with the 101 and 405 freeways just minutes away. Surrounded by shops, restaurants, and essential services, 14151 Moorpark Street offers the perfect balance of location, livability, and long-term value.

Listing Agent

Reza Ghobadi

Reza Ghobadi Brokerage Phone: 818-793-2923 License #01780045 Listed on: 06/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,565

Year Built

  • Built in 1956

Lot Details

  • 5,427 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 389
  • Tax Tract Number 9275
  • Assessor Parcel Number 2265021029
  • $440 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $600
  • Fuel Expense $68
  • Insurance Expense $4,048
  • Maintenance Expense $3,800
  • Water Sewer Expense $3,000
  • New Taxes Expense $19,375
  • Operating Expense $32,091
  • Gross Income $95,736
  • Net Operating Income $60,787

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,565

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 387500
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2265021029
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 478.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5427.00
  • Lot Size Acres: 0.1246

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 68.00
  • Gross Income: 95736.00
  • Gross Scheduled Income: 95256.00
  • Insurance Expense: 4048.00
  • Laundry Income: 480.00
  • Lot Size Area: 5427.0000 Square Feet
  • Maintenance Expense: 3800.00
  • Net Operating Income: 60787.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 32091.00
  • Rent Control: Yes
  • Total Expenses: 32091.00

Tax Info

  • New Taxes Expense: 19375.00
  • Tax Census Tract: 1412.01
  • Tax Lot: 389
  • Tax Tract Number: 9275
  • TaxOtherAnnualAssessmentAmount: 440.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,565 $1,594,072 $1,115,517 $478,555
2023 $19,185 $1,562,817 $1,093,645 $469,172
2022 $18,290 $1,532,174 $1,072,201 $459,973
2021 $18,061 $1,502,132 $1,051,178 $450,954
2020 $18,246 $1,486,731 $1,040,400 $446,331
2019 $17,519 $1,457,580 $1,020,000 $437,580
2018 $13,729 $1,119,641 $904,163 $215,478
2016 $13,111 $1,076,165 $869,054 $207,111
2015 $12,930 $1,060,779 $764,985 $295,794
2014 $12,067 $964,352 $707,193 $257,159
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $1,550,000 +49.0% $478 / Sq Ft
04/10/2014 04/10/14 Sold $1,040,000 -5.5% $321 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $1,100,000 -- $340 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Grant Deed $1,429,000 Lawyers Title Company
Quit Claim Deed -- None Available
Grant Deed $1,040,010 First American Title Ins Co
Quit Claim Deed -- First American Title Ins Co
Grant Deed -- None Available
Grant Deed $1,050,000 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $857,400 New Conventional
Previous Owner $723,000 New Conventional
Previous Owner $728,000 New Conventional
Previous Owner $562,500 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $734,950 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25137105

California Regional Multiple Listing Service (CRMLS)

APN: 2265-021-029