$2,487,000
$8K PRICE DROP

4323 Van Nuys Blvd Sherman Oaks, CA 91403

Estimated payment $15,620/month

Total Views 3,116
9 Beds
8 Baths
4,975 Sq Ft
$500 Price per Sq Ft

Highlights

  • 5 Car Detached Garage
  • Air Conditioning
  • Forced Air Heating System
  • Van Nuys High School Rated A
  • Laundry Room

About This Home

SELLER FINANCING FOR 3 YEARS AT 6% .Trophy location . MUST be purchased together with the next door property @ 4329 VAN NUYS BLVD. $304,000 annual gross income . . South of ventura blvd. Corner property with an alley in the back. Walk to all restaurants, shops and Sherman Oaks village .This is a great opportunity for an investors to acquire these two income producing properties in the densely populated Sherman Oaks neighborhood. These two properties are Zoned Rd 1.5 & situated within the Transit Oriented Communities (TOC) Tier 2. Existing 2 ( FIVE ) unit buildings on two separate lots , Approx annual income of approx. $304,000 Total lot size 11,9852 sq.ft. & total Living sq. ft 9,820 sq.ft .4323 Van Nuys blvd. ( APN # 2276014002) consists of (1) single story 3 br, 2 bath house , (2 ) two br ,1 bath & ( 2) one br,1 bath units .4329 Van Nuys blvd . ( APN # 2276014001) consists of (1 ) 2 Br +den , 1 bath owner's unit and ( 2) two br ,1 bath & (2 ) one br. 1 bath units. A unique Buy & hold or development opportunity for investors and builders in prime area of Sherman Oaks South of Ventura Blvd. Asking price $4,975,000 .Buyer to verify zoning , lot size, age of the building and applicable requirements to develop .

Listing Agent

Steven Bijan Mesbah

Rodeo Realty License #00883705 Listed on: 02/05/2025

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • 6,079 Sq Ft Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,975 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Convection Oven
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 5 Car Detached Garage
  • 5 Open Parking Spaces

Utilities

  • Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • 5 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 2276-014-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1933 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Entry Floor: 1
  • Living Area: 4975
  • Lot Acreage: 0.1396
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1933
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Appliances: Convection Oven, Gas
  • Bedrooms: 9
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Equipment: Garbage Disposal, Cable, Dryer
  • Price Per S Q F T: 499.90

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Detached
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Wall/Window
  • Heating: Forced Air
  • Sewer: In Street Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 36.17
  • Assessed Improvement Value: 568914
  • Assessed Land Percent: 63.83
  • Assessed Land Value: 1003965
  • Total Assessed Value: 1572879
  • Assessor Parcel Number: 2276-014-002
  • Lot Description: Alley Paved
  • Lot Location: Alley Access
  • Lot Size Area: 6079

Rental Info

  • Lease Per Month Year: Year
  • Owner Pays: Water, Gardener
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 16.50
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 43280
  • Type Of Units: 5
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 3750

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $2,487,000 +0.5% $500 / Sq Ft
06/17/2025 06/17/25 Price Changed $2,475,000 -0.6% $497 / Sq Ft
05/18/2025 05/18/25 Price Changed $2,490,000 -0.2% $501 / Sq Ft
02/05/2025 02/05/25 For Sale $2,495,000 -- $502 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25499179

The MLS
California Los Angeles County Sherman Oaks 91403

4323 Van Nuys Blvd, Sherman Oaks, CA

This home is located at 4323 Van Nuys Blvd, Sherman Oaks, CA 91403 and is currently priced at $2,487,000, approximately $499 per square foot. This property was built in 1933. 4323 Van Nuys Blvd is a home located in Los Angeles County with nearby schools including Van Nuys High School, Sherman Oaks Elementary Charter School, and Dixie Canyon Avenue Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Steven Bijan Mesbah
Listing Agent
Steven Bijan Mesbah
Section Image
Rodeo Realty
(747) 319-4037