14857 Hartsook St, Sherman Oaks, CA 91403

This classic garden apartment building, constructed in 1960, is located in a prime Sherman Oaks pocket. The property includes six units within approximately 5,958 square feet on a roughly 6,075 square-foot lot. Positioned as a low-maintenance, value-add opportunity, it offers revenue growth potential through unit-by-unit renovations and operational optimization. Located in the City of Los Angeles within the Van Nuys–North Sherman Oaks Community Plan Area, the property is subject to the Rent Stabilization Ordinance (RSO), which supports durable occupancy while allowing investors to capture upside through natural turnover. Meaningful system work has already been completed, including a Class A/B cool roof replacement in 2016 and a soft-story seismic retrofit with Certificate of Compliance issued in 2019. Additional permits reflect plumbing re-pipe (2004), earthquake shut-off valves (2003), HVAC wall-heater change-outs, kitchen hood ducting upgrades, and earlier garage repairs. The site is zoned [Q]RD1.5-1-RIO (Low Medium II Residential) within the Los Angeles River Implementation Overlay and mapped along a High-Quality Transit Corridor. The parcel is outside the FEMA Flood Zone. The building’s assessed bedroom/bathroom count (10/10 across six units) indicates a balanced mix suitable for a light-to-moderate interior upgrade program, new finishes, appliance packages, and bath refreshes, to meet neighborhood rent expectations. Approximately 26 percent rent upside is viewed as a reasonable target achievable via natural turnover and consistent interior scopes. The property offers investors a Sherman Oaks acquisition with completed seismic compliance, recent roof, RSO stability, and policy-supported transit adjacency, all aligned with a straightforward value-add business plan and limited deferred maintenance.