Multifamily
New
For Sale
$1,750,000
14205 Burbank Boulevard, Sherman Oaks, CA 91401
Established rental asset constructed in 1964.
Days on Market6
Property Features for 14205 Burbank Boulevard
General Information
Standard status
Active
Property subtype
Residential Income
Net Operating Income
$103,007
Amenities
Suburban
Building Details
Building Size
6,478 SF
Year Built
1964
Buildings
1
Stories
2
Listing Agency:
Equity Union
(818) 640-4360
Listed By:
Cindy Hill · License #00885625
(818) 640-4360
Source:
Evrealestate
Added: Jul 29
Changed: Aug 2
Last Checked: Aug 2 at 6:03AM
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 Equity Union
Investment Insights
Based on property information with market context.
This multifamily property at 14205 Burbank Boulevard in Sherman Oaks, California, was constructed in 1964. The asset is located in Los Angeles County and is offered for sale.
Key Highlights
- 1964 construction
- 14205 Burbank Boulevard address in Sherman Oaks
- Located in Los Angeles County
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 | $206.0k | $31.80 |
| − Vacancy | −$16.5k | −$2.54 |
| EGI | $189.5k | $29.26 |
| − OpEx | −$85.3k | −$13.17 |
| NOI | $104.2k | $16.09 |
6,478 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.49M
$1.30M – $1.74M
NOI $104,236 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.47M
$3.03M – $4.05M
NOI $242,781 @ 7.0% cap · market cap 13.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,737
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Established rental asset constructed in 1964.
Where is this multifamily property located?
The property is located at 14205 Burbank Boulevard Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 1964 construction; 14205 Burbank Boulevard address in Sherman Oaks; Located in Los Angeles County
