Active

5401 Sepulveda Boulevard

Sherman Oaks CA, 91411

$21,500,000


$649.27 per sqft

Active

92 Beds

92 Baths

33,114 sqft

Residential

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.

25486841

MLS ID

January 21, 2025

Listed

February 4, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

92


Total Bathrooms

92


Appliances

Microwave


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

SO - Sherman Oaks


Days on Market

14


Garage

No


Parking

Assigned, Gated


Parking Total

91


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, Keller Williams Studio City, CA DRE 01200237

Listing Contact: 424-209-0773 

Based on information from the CRISNet MLS as of 2/4/2025, 9:08 PM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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