$5,275,000

4553 Willis Ave Sherman Oaks, CA 91403

Estimated payment $33,794/month

21 Beds
22 Baths
17,712 Sq Ft
$298 Price per Sq Ft

Highlights

  • Gated Parking
  • 0.39 Acre Lot
  • Controlled Entrance
  • Van Nuys High School Rated A
  • Central Heating and Cooling System

About This Home

4553 Willis Avenue is a terrific 21 apartment building perfectly located just moments away from the bustling Ventura Boulevard which provides residents with immediate access to an array of dining, shopping, and entertainment options. The thoughtfully designed units, consisting of 1 Single + One Bath Unit, 19 One Bedroom + One Bath Units, and 1 Two Bedroom + Two Bath Unit, offer spacious layouts with amenities such as central air conditioning, dishwashers, patio/balconies, elevator, and covered parking. Moreover, with easy access to major freeways like the 101 and I-405, commuting throughout Los Angeles is a breeze, making it an ideal choice for professionals and families alike. The combination of its prime location and well-appointed units makes 4553 Willis Avenue a truly outstanding place to call home, offering a rare opportunity for comfortable, high-quality living in one of LA's most desirable neighborhoods. This is a rare opportunity for an investor to purchase a great multifamily property in a highly sought after Sherman Oaks location.

Listing Agent

Gary Fox

Miller & Desatnik Realty Co. License #00847295 Listed on: 09/03/2025

Co-Listing Agent

Mike Wozniak

Miller & Desatnik Realty Co. License #01856514

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Interior Spaces

  • 17,712 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 22 Bathrooms

Parking

  • 28 Parking Spaces
  • Gated Parking
  • Controlled Entrance

Additional Features

  • 0.39 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 21 Units

Listing and Financial Details

  • Assessor Parcel Number 2264-017-035

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 17712
  • Lot Acreage: 0.3857
  • Probate: No
  • Stories: 3
  • Year Built: 1973
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 21
  • Total Bathrooms: 22.00
  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 297.82

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Controlled Entrance, Gated
  • Total Parking: 28

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 53.31
  • Assessed Improvement Value: 781015
  • Assessed Land Percent: 46.69
  • Assessed Land Value: 684047
  • Total Assessed Value: 1465062
  • Assessor Parcel Number: 2264-017-035
  • Lot Size Area: 16801

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.65
  • Number Of Units: 21
  • Total Annual Expense: 191135
  • Type Of Units: Apartments
  • Vacancy Rate: 13,059

Map

Range of Values:

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Average Value
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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
09/03/2025 09/03/25 For Sale $5,275,000 0.0% $298 / Sq Ft
08/27/2025 08/27/25 Price Changed $2,350 0.0% $3 / Sq Ft
08/27/2025 08/27/25 For Rent $2,350 +2.4% --
07/05/2025 07/05/25 Off Market $2,295 -- --
06/04/2025 06/04/25 Price Changed $2,295 +14.1% $3 / Sq Ft
01/09/2024 01/09/24 For Rent $2,012 -- --
Source: The MLS

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Source: The MLS

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The MLS