$10,055,000
SOLD JUL 31, 2025

4706 Sepulveda Blvd Los Angeles, CA 91403

5 Beds
6 Baths
38,895 Sq Ft
0.54 Acres

Recently Sold

$259 Per Sq Ft

5% Below List Price

2 Days on Market

Highlights

  • 0.54 Acre Lot
  • No HOA
  • Laundry Room
  • Van Nuys High School Rated A
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of July 2025

Prime Sherman Oaks Multifamily Investment Opportunity Welcome to Executive House Apartments, a well-maintained apartment building located at 4706 Sepulveda Blvd, directly across from the Sherman Oaks Galleria—a premier lifestyle destination in one of Los Angeles’ most desirable rental submarkets. Positioned in the heart of Sherman Oaks, Executive House Apartments offers immediate access to Ventura Blvd, the 101 and 405 Freeways, and a wide array of shopping, dining, and entertainment options. This central location, combined with limited multifamily inventory, makes the property an ideal long-term investment in a high-demand, supply-constrained market. The building features a favorable unit mix, with 90% of the units consisting of spacious two-bedroom floor plans, catering to strong tenant demand in the area. Additionally, the property is not subject to the Los Angeles Rent Stabilization Ordinance (RSO)—providing enhanced flexibility for future operations and rent growth. Executive House Apartments offers a well-rounded amenity package that enhances tenant appeal, including gated and controlled access, 24-hour video surveillance, central HVAC, an elevator, on-site laundry, and a fully parked layout. Residents also enjoy access to a swimming pool, creating a well-balanced living experience that supports long-term occupancy and tenant satisfaction. Executive House Apartments is an exceptional opportunity to acquire a core multifamily asset in the thriving Sherman Oaks submarket of the San Fernando Valley.

Last Agent to Sell the Property

Akash Saini

Keller Williams Realty Calabasas Brokerage Phone: 818-642-0242 License #02010158 Listed on: 06/16/2025

Keller Williams Realty Calabasas

Last Buyer's Agent

Akash Saini

Keller Williams Realty Calabasas Brokerage Phone: 818-642-0242 License #02010158 Listed on: 06/16/2025

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.54 Acre Lot
  • 1 Common Wall

Parking

  • 29 Car Garage
  • Parking Available
  • Tandem Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 38,895 Sq Ft Home
  • 4-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Fence Around Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 47
  • Tax Tract Number 11916
  • Assessor Parcel Number 2264004034
  • $4,885 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 29 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Building Details

  • 28 Leased Units
  • 29 Separate Electric Meters
  • 29 Separate Gas Meters
  • 1 Separate Water Meter
  • Pest Control $650
  • Trash Expense $19,101
  • New Taxes Expense $120,000
  • Operating Expense $343,834
  • Gross Income $4,392
  • Net Operating Income $531,347

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

29

Listing Details

  • Assessments: No
  • CapRate: 5.01
  • Price Per Unit: 365517
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2264004034
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 4
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 258.52

Exterior Features

  • Pool Features: Community, Fenced
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 29.00
  • Parking: Yes
  • Parking Features: Tandem Garage
  • Total Parking Spaces: 29.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Pest Control Expense: 650.00
  • Sewer: Public Sewer
  • Trash Expense: 19101.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 23408.00
  • Lot Size Acres: 0.5374

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 965 Square Feet
  • Average2 Bed Area: 1250 Square Feet
  • Gross Income: 4392.00
  • Gross Multiplier: 11.81
  • Gross Scheduled Income: 902113.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 4392.00
  • Lot Size Area: 23408.0000 Square Feet
  • Net Operating Income: 531347.00
  • Number Of Separate Electric Meters: 29
  • Number Of Separate Gas Meters: 29
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 28
  • Number Of Units Total: 29
  • Operating Expense: 343834.00
  • Rent Control: No
  • Total Actual Rent: 74810.00
  • Total Expenses: 343834.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 120000.00
  • Tax Census Tract: 1413.05
  • Tax Lot: 47
  • Tax Tract Number: 11916
  • TaxOtherAnnualAssessmentAmount: 4885.00

Range of Values:

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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
09/05/2025 09/05/25 Price Changed $2,900 0.0% $2 / Sq Ft
08/21/2025 08/21/25 Price Changed $2,900 +38.1% $2 / Sq Ft
08/07/2025 08/07/25 For Rent $2,100 0.0% --
07/31/2025 07/31/25 Sold $10,055,000 -5.1% $259 / Sq Ft
07/31/2025 07/31/25 For Sale $10,600,000 +5.4% $273 / Sq Ft
06/17/2025 06/17/25 Off Market $10,055,000 -- --
06/16/2025 06/16/25 For Sale $10,600,000 -- $273 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25135332

California Regional Multiple Listing Service (CRMLS)