Linda Ojeda
Luxury Collective
(424) 372-0165
111 Total Sales
1 in Sherman Oaks
$685,000 Price
5027 Buffalo Ave Sherman Oaks, CA 91423
Sherman Oaks Area
26
Beds
22
Baths
12,792
Sq Ft
0.27
Acre Lot
Highlights
- Fireplace in Primary Bedroom
- Balcony
- Air Conditioning
- Ulysses S. Grant Senior High School Rated A-
- Cul-De-Sac
- Gated Home
About This Home
As of October 2023We are pleased to present 5027-5033 Buffalo Avenue, a 12-unit multifamily property located in the affluent community of Sherman Oaks, California. With an outstanding unit mix, including mostly two and three bedroom apartments, the property is well-positioned for an investor to capitalize on recent rent growth in the submarket with roughly 44% upside in rents . Constructed in 1961, the two buildings occupy an 11,691 square foot lot near the intersection of Riverside Drive and Woodman Avenue. The property has undergone several upgrades in the past, including new roofs on both buildings, newer exterior paint, and a new modern fence creating a private yard for one of the apartments. Seismic retrofitting has been completed along with select interiors that have been renovated, including some combination of luxury vinyl plank flooring, recessed lighting, quartz countertops, new cabinets, stainless steel appliances, upgraded bathrooms, ceiling fans, and a washer/dryer unit. The on-site laundry facilities are landlord-owned, allowing for a substantial amount of additional income. Located just north of the Westfield Fashion Square and Notre Dame High School, the property sits mere blocks from the boutiques and bistros of prestigious Ventura Boulevard.
Last Agent to Sell the Property
Marcus & Millichap License #01887505 Listed on: 04/12/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961 | Remodeled
Lot Details
- 11,632 Sq Ft Lot
- Cul-De-Sac
- Gated Home
Interior Spaces
- 12,792 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Den with Fireplace
Kitchen
- Oven
- Gas and Electric Range
- Microwave
- Dishwasher
- Disposal
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 26 Bedrooms
- Fireplace in Primary Bedroom
- 22 Bathrooms
Laundry
- Laundry in unit
- Gas And Electric Dryer Hookup
Parking
- 12 Parking Spaces
- 12 Covered Spaces
- Driveway
Outdoor Features
- Balcony
Utilities
- Air Conditioning
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
- Property is located within a water district
- Central Water Heater
- Sewer in Street
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for water
- Assessor Parcel Number 2359-024-044
Community Details
Overview
- 2 Buildings
- 12 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- Vacancy Allowance $8,899
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Sherman Oaks, CA
-
Linda Ojeda
-
Rodrigo Suerte Felipe
Rodrigo Suerte Felipe
eXp Realty of California Inc
(661) 592-1144
76 Total Sales
1 in Sherman Oaks
$665,000 Price
-
Patricia Contreras
Patricia Contreras
Rodeo Realty
(747) 259-0988
29 Total Sales
1 in Sherman Oaks
$505,000 Price
-
Sharon Ross
Sharon Ross
Responds QuicklyEquity Union
(818) 418-8034
17 Total Sales
1 in Sherman Oaks
$705,000 Price
-
Timothy Finn
Timothy Finn
Pinnacle Estate Properties, Inc.
(747) 237-4206
23 Total Sales
1 in Sherman Oaks
$1,250,000 Price
-
Tracey Feder
Tracey Feder
Equity Union
(424) 320-8930
31 Total Sales
8 in Sherman Oaks
$630K - $2.8M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,800,000 | Ticor Title | ||
| 5027 Buffalo Ave Properties Llc | -- | None Available | |
| Poli Dean A | -- | None Available | |
| 5027 Buffalo Ave Properties Llc | -- | None Available | |
| Poli Dean A | $3,500,000 | North American Title Co Inc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,050,000 | ||
| Previous Owner | Carol & Terry Becker Llc | $1,530,000 | |
| Previous Owner | Carol & Terry Becker Llc | $1,575,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2023 10/02/23 | Sold | $3,800,000 | -5.0% | $297 / Sq Ft |
| 08/11/2023 08/11/23 | Price Changed | $4,000,000 | -8.3% | $313 / Sq Ft |
| 04/12/2023 04/12/23 | For Sale | $4,360,000 | -- | $341 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $48,123 | $3,953,520 | $2,392,920 | $1,560,600 |
| 2025 | $48,123 | $3,876,000 | $2,346,000 | $1,530,000 |
| 2024 | $47,515 | $3,800,000 | $2,300,000 | $1,500,000 |
| 2023 | $48,754 | $3,904,313 | $1,561,725 | $2,342,588 |
| 2022 | $46,521 | $3,827,758 | $1,531,103 | $2,296,655 |
| 2021 | $45,914 | $3,752,705 | $1,501,082 | $2,251,623 |
| 2019 | $44,558 | $3,641,400 | $1,456,560 | $2,184,840 |
| 2018 | $44,279 | $3,570,000 | $1,428,000 | $2,142,000 |
| 2017 | $0 | $3,500,000 | $1,400,000 | $2,100,000 |
| 2016 | $31,425 | $2,524,294 | $1,331,496 | $1,192,798 |
| 2015 | $30,978 | $1,699,114 | $893,592 | $805,522 |
| 2014 | $21,730 | $1,665,831 | $876,088 | $789,743 |
Source: Public Records
Agents Affiliated with this Home
-
Sevak Keshishian
Seller's Agent in 2023
Sevak Keshishian
Marcus & Millichap
(818) 394-0772
57 Total Sales
Map
Source: The MLS
MLS Number: 23-259913
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© 2026 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.
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Information is deemed reliable but not guaranteed.
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