Active

5401 Sepulveda Boulevard, Sherman Oaks (los Angeles)

Sherman Oaks ( los Angeles ) CA, 91411

$21,500,000


$649.27 per sqft

Active

33,114 sqft

Other

Built in 1960

Prime Sherman Oaks Location. 90 Studios and one 1 Bedroom. Rents are below market and have tremendous upside. There is potential to have property taxes reduced or exempted through welfare tax exemption. Property is located in the Highest Resource Area with a Tier 4 SAFMR. Large lot and possibly potential to add ADU's. Please see OM for Assumptions in income and expense.

CL25486841

MLS ID

January 21, 2025

Listed

February 12, 2025

Updated

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

1.39 Acres

Other Property Details

Area Name

Sherman Oaks (los Angeles)


Garage

No


Parking

Assigned, Other


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listing History

Date

Event

Price

2/4/2025

Price change

$21,500,000

-7%

Listed by Hooman Emanuel with Keller Williams Studio City
Listing Contact: 424-209-0773 

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