$2,659,000

4405 Ventura Canyon Ave Sherman Oaks, CA 91423

Estimated payment $16,461/month

Total Views 1,016
8 Beds
10 Baths
4,577 Sq Ft
$581 Price per Sq Ft

Highlights

  • Side by Side Parking
  • Laundry Room
  • Central Heating and Cooling System
  • Ulysses S. Grant Senior High School Rated A-
  • Tile Flooring

About This Home

Location, location, location! Exceptional 4-unit income property in the heart of Sherman Oaks, just one block from the highly sought-after Ventura Boulevard, where premier dining, shopping, and entertainment options abound. This well-maintained building offers a rare mix of upgrades, parking, and ideal tenant setup—perfect for investors or owner-users seeking steady cash flow in a prime neighborhood.

Unit A and Unit B are fully remodeled and feature stainless steel appliances, updated finishes, and in-unit combo washer/dryers for added convenience. Unit A stands out with elegant Italian tile in the kitchen and bathrooms, along with stylish zebra blinds throughout. Unit C has been updated with new flooring and also includes its own in-unit washer/dryer. Units A, B, and C each come with two dedicated parking spaces, a highly desirable amenity in this area. Unit D is a charming 1-bedroom, 1-bathroom unit with its own parking space.

Current tenancy setup includes Units A and D on a month-to-month, offering flexibility for future rent adjustments or owner-occupancy, while Units B and C are under lease contracts. This is a unique opportunity to own a turn-key property in one of the Valley’s most in-demand rental markets!

Listing Agent

Naira Valian

Remax Optima Brokerage Phone: 818-468-9495 License #01835241 Listed on: 06/27/2025

Remax Optima

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,824

Year Built

  • Built in 1964

Lot Details

  • 5,788 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 4,577 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • Parking Available
  • Side by Side Parking
  • Tandem Uncovered Parking
  • Parking Lot
  • Off-Street Parking

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 6027
  • Assessor Parcel Number 2360005027
  • $630 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,456
  • Gardener Expense $1,200
  • Insurance Expense $3,800
  • Trash Expense $540
  • Water Sewer Expense $2,704
  • Operating Expense $12,700
  • Gross Income $143,544
  • Net Operating Income $130,844

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,824

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Price Per Unit: 664750
  • Property Attached: Yes
  • Water Sewer Expenses: 2704.00
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2360005027
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 580.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street, Parking Space, Side by Side, Tandem Uncovered

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Outside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 540.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5788.00
  • Lot Size Acres: 0.1329

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 4456.00
  • Gross Income: 143544.00
  • Gross Scheduled Income: 143544.00
  • Insurance Expense: 3800.00
  • Lot Size Area: 5788.0000 Square Feet
  • Net Operating Income: 130844.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 3
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 3
  • Operating Expense: 12700.00
  • Rent Control: Yes
  • Total Expenses: 12700.00

Tax Info

  • Tax Census Tract: 1411.01
  • Tax Lot: 10
  • Tax Tract Number: 6027
  • TaxOtherAnnualAssessmentAmount: 630.00

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
2025 $22,824 $1,887,000 $1,122,000 $765,000
2024 $22,824 $1,850,000 $1,100,000 $750,000
2023 $7,599 $588,102 $205,831 $382,271
2022 $7,259 $576,572 $201,796 $374,776
2021 $7,147 $565,268 $197,840 $367,428
2019 $6,939 $548,504 $191,973 $356,531
2018 $6,826 $537,750 $188,209 $349,541
2016 $6,483 $516,870 $180,901 $335,969
2015 $6,391 $509,107 $178,184 $330,923
2014 $6,434 $499,135 $174,694 $324,441
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $2,659,000 +43.7% $581 / Sq Ft
08/07/2023 08/07/23 Sold $1,850,000 0.0% $404 / Sq Ft
06/05/2023 06/05/23 For Sale $1,850,000 -- $404 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Grant Deed $1,850,000 Lawyers Title Company
Deed -- Simplifile
Deed -- Simplifile
Grant Deed -- Chicago Title Co
Grant Deed $360,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $0 New Conventional
Previous Owner $1,480,000 New Conventional
Previous Owner $288,000 No Value Available
Closed $36,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25142084

California Regional Multiple Listing Service (CRMLS)

APN: 2360-005-027