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Four-Unit Residential Income Property

12944 Riverside Drive Sherman Oaks, CA 91423

12944 Riverside Drive, Sherman Oaks, CA, 91423
$1,599,500
Pending
For Sale
$1,599,500
Pending

Gated and fenced four-unit building with individual garages, separate laundry room, and 2 bed/1 bath units.

Days on Market198

Property Features for 12944 Riverside Drive

General Information

Standard status
Pending
Property subtype
Multi Family

Building Details

Year Built
1952
Listing agency Tower-60
Listed by Sally Whitty · License #01981074
Source Exitrealty
Added: Jan 4 Updated: Jul 21 at 1:34PM Checked: Jul 21 at 1:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tower-60


Investment Insights

Based on property information with market context.

This four-unit residential income property offers four individually metered units with 2 bedrooms and 1 bathroom each, hardwood floors, large bay windows, crown molding, and ample storage. The building includes individual water heaters, a separate laundry room on the premises, and four garages with direct access. A gated and fenced setting sits on a landscaped lot with privacy hedges, featuring both front yard landscaping and a large rear courtyard.

The property is located in a residential area on the border of Studio City, with convenient access to the 101 and 405 freeways and nearby bars, restaurants, entertainment, and shopping.

Zoned R3, the property presents opportunities for remodeling, a tear-down and new build, or potential conversion to townhouses/SFR, depending on the buyer’s plans and approvals.

Key Highlights

  • 4‑unit property built in 1952, total building size approx. 3,700 SF
  • Each unit is approx. 950 SF with 2 beds and 1 bath
  • Gated and fenced 6,700 SF lot with landscaped front yard and huge rear courtyard

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Auto Parts Store Barber Shop Grocery & Convenience Store Storage Facility Daycare Center Butcher Parking Lot & Garage (Bike/Boat/Book/etc) Store Mobile Phone Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Gated and fenced four-unit building with individual garages, separate laundry room, and 2 bed/1 bath units.
Where is this quadplex located?
The property is located at 12944 Riverside Drive Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $1,599,500.
What are key features of this property?
This property features: 4‑unit property built in 1952, total building size approx. 3,700 SF; Each unit is approx. 950 SF with 2 beds and 1 bath; Gated and fenced 6,700 SF lot with landscaped front yard and huge rear courtyard
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