Seven-Unit Apartment
13444 Burbank Blvd, Sherman Oaks, CA 91401
For Sale
$1,260,000
Pending
Residential Income, Sherman Oaks, CA
Property Size3,748 SF
Lot Size0.13 Acres
Days on Market55
Property Features for 13444 Burbank Blvd
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Amenities
parking
front and rear access
outdoor space
patio areas
central A/C
private front yard
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Equity Union
(818) 989-2000
Listed By:
Eliyahu Appel · License CA #01918652
(818) 390-4181
Added: Sep 22
Changed: Oct 30
Last Checked: Nov 15 at 12:06AM
MLS# 26991271
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.
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Investment Insights
Based on property information with market context.
This 1957 multifamily property at 13444 Burbank Blvd contains seven units across 3,748 square feet on 0.1263 acres. The unit mix includes 2 two-bedroom units, 1 one-bedroom unit, and 4 studios. The front residence has a private yard and tandem parking positioned directly outside, offering a house-like layout within the apartment setting. Parking, outdoor areas, patios, front and rear access, and central A/C are available in select units.
The property is zoned LAR3 and has received a full copper pipe upgrade. Three units were renovated within the past three years with updated flooring, countertops, windows, and light fixtures. One single unit is currently vacant. The asset reports a 5.77% current cap rate, an 8.89% market cap rate, a 10.99x current GRM, and an 8.19x market GRM.
The property is zoned LAR3 and has received a full copper pipe upgrade. Three units were renovated within the past three years with updated flooring, countertops, windows, and light fixtures. One single unit is currently vacant. The asset reports a 5.77% current cap rate, an 8.89% market cap rate, a 10.99x current GRM, and an 8.19x market GRM.
Key Highlights
- Seven‑unit multifamily property with a mix of 2 two‑bedroom units, 1 one‑bedroom unit, and 4 studios
- 3,748 square feet on a 0.1263‑acre lot; built in 1957
- LAR3 zoning and a full copper pipe upgrade throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,308
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,160
$1.2M
Cap Rate 7%
$861,543
$861.5K
Cap Rate 9%
$670,089
$670.1K
Market Conditions
NOI Build-Up for 3,748 SF
Gross rent
$119.2K $31.80/SF
− Vacancy
−$9.5K −$2.54/SF
EGI
$109.7K $29.26/SF
− OpEx
−$49.3K −$13.17/SF
NOI
$60.3K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,160
Cap Rate 7%
$861,543
Cap Rate 9%
$670,089
Alternative Uses
Best Use
Apartment 5plus
$861.5K
$753.9K – $1.01M
NOI $60,308 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,467 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
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Business Placement
Demographics for 91401, CA
39,621
Population
15,785
Households
2.5
Avg Household Size
38
Median Age
39%
College-Educated
81%
High-School Grad
3.5 sq mi
ZIP Area
11,320
Density / Sq Mi
$75,933
Median Household Income
$40,119
Median Earnings
$1,800
Median Rent
$988,500
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles County, CA
Properties on Market for Apartment buildings in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - LAR3-zoned property with a private front yard, tandem parking, and three units renovated within the past three years.
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 $1,260,000.
What are key features of this property?
This property features: Seven‑unit multifamily property with a mix of 2 two‑bedroom units, 1 one‑bedroom unit, and 4 studios; 3,748 square feet on a 0.1263‑acre lot; built in 1957; LAR3 zoning and a full copper pipe upgrade throughout
