Property Details
About this Property
We are pleased to present 13042 Riverside Drive, built in 1986, an 11-unit multifamily asset in the heart of Sherman Oaks, one of Los Angeles’ most desirable rental markets. Featuring an attractive unit mix that promotes stable occupancy and low turnover, the property represents a true value-add opportunity with immediate cash flow and significant upside through strategic renovations. Its premier location—just minutes from Ventura Boulevard, the 101 and 405 freeways, and within walking distance to Westfield Fashion Square, boutique retail, trendy dining, and entertainment options—creates a highly attractive lifestyle for tenants. Combined with proximity to some of the area’s top private and charter schools, this positioning ensures enduring demand and long-term appreciation. This rare offering brings together stability, growth potential, and lifestyle appeal, making it a compelling acquisition for investors seeking both security and upside in a supply-constrained submarket.
MLS Listing Information
MLS #
CRSR25208443
MLS Source
California Regional MLS
Days on Site
10
Interior Features
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Garage: 20 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
13042 Riverside Dr is a Residential Income in Sherman Oaks, CA 91423. This – square foot property sits on a 8,401 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,200,000 and was built in 1986. This address can also be written as 13042 Riverside Dr, Sherman Oaks, CA 91423.
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This listing information is up-to-date as of September 10, 2025. For the most current information, please contact Akash Saini
