Seven-Unit Multifamily Income
13444 Burbank Blvd Sherman Oaks, CA 91401
For Sale
$1,580,000
MULTI_FAMILY - Sherman Oaks, CA
Property Size3,748 SF
Lot Size0.13 Acres
Price / SF$421.56
Days on Market30
Property Features for 13444 Burbank Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR3
Bedrooms
5
Bathrooms
8
Rooms
Bathroom 5, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 6, Bathroom 7, Bathroom 8, Bathroom 2, Bathroom 3, Bedroom 5
Parking
7
Parking features
Driveway, Carport
Standard status
Active
APN
2344-009-004
Size
3,748 SF
Lot size
0.13 Acres
Building Details
Year built
1957
Floors in Building
2
Number of units
7
Listing Agency:
Equity Union
(818) 989-2000
Listed By:
Eliyahu Appel · License #01918652
(818) 390-4181
Added: Jun 30
Changed: Jul 8
Last Checked: Jul 29 at 2:06PM
MLS# 26852705
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
13444 Burbank Blvd is a seven-unit multifamily apartment property featuring a unit mix of four studios, two two-bedroom units, and one one-bedroom unit. A key differentiator is the front unit, which is designed to feel more like a standalone home, with its own private front yard and tandem parking spaces directly in front. The building has also completed meaningful capital improvements, including a full copper pipe upgrade throughout. In addition, three units have been renovated within the past three years with upgrades to flooring, countertops, windows, and light fixtures.
The property is located along Burbank Blvd in Sherman Oaks, positioned on a well-connected east-west corridor. Access and livability features vary by unit and include parking and combinations of front and rear access, outdoor space, and patio areas. Some units are also equipped with central A/C, adding to day-to-day comfort.
For buyers and operators, the current mix of renovated and partially renovated units supports an incremental approach to improving the remaining apartment homes. With one unit currently vacant, there is immediate opportunity to stabilize occupancy and continue the property’s renovation momentum. The front unit also offers a practical owner-user option, allowing the possibility of occupying the more private, house-like unit while continuing to generate income from the remaining units.
The property is located along Burbank Blvd in Sherman Oaks, positioned on a well-connected east-west corridor. Access and livability features vary by unit and include parking and combinations of front and rear access, outdoor space, and patio areas. Some units are also equipped with central A/C, adding to day-to-day comfort.
For buyers and operators, the current mix of renovated and partially renovated units supports an incremental approach to improving the remaining apartment homes. With one unit currently vacant, there is immediate opportunity to stabilize occupancy and continue the property’s renovation momentum. The front unit also offers a practical owner-user option, allowing the possibility of occupying the more private, house-like unit while continuing to generate income from the remaining units.
Key Highlights
- Seven‑unit multifamily property on Burbank Blvd in Sherman Oaks, built in 1957
- Unit mix: 2 two‑bedroom units, 1 one‑bedroom unit, and 4 studio units
- Parking includes a driveway and carport
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $119.2k | $31.80 |
| − Vacancy | −$9.5k | −$2.54 |
| EGI | $109.7k | $29.26 |
| − OpEx | −$49.3k | −$13.17 |
| NOI | $60.3k | $16.09 |
3,748 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$861.5K
$753.9K – $1.01M
NOI $60,308 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,467 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit apartment building with a front house-like unit, tandem parking, and recent renovations in Sherman Oaks.
Where is this apartment building located?
The property is located at 13444 Burbank Blvd Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: Seven‑unit multifamily property on Burbank Blvd in Sherman Oaks, built in 1957; Unit mix: 2 two‑bedroom units, 1 one‑bedroom unit, and 4 studio units; Parking includes a driveway and carport
