6-Unit Apartment
For Sale
$1,995,000
14526 Dickens St, Sherman Oaks, CA 91403
Six-unit Sherman Oaks apartment building built in 1941, with five furnished, vacant residences positioned for immediate leasing.
Days on Market146
Property Features for 14526 Dickens St
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Furnished
Yes
Multifamily Units
6
Building Details
Building Size
3,870 SF
Year Built
1941
Buildings
1
Listing Agency:
Miller & Desatnik Realty Co.
(310) 202-9166
Listed By:
Glenn Brander · License #01020228
Source:
Milsteinestates
Added: Mar 9
Changed: Jul 30
Last Checked: Jul 31 at 11:38AM
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 Miller & Desatnik Realty Co.
Investment Insights
Based on property information with market context.
14526 Dickens St in Sherman Oaks is a 6-unit apartment building built in 1941. The property could be delivered with five fully furnished, vacant residences, supporting immediate leasing without the need for improvements.
The remaining unit configuration is described alongside this vacancy profile, and multiple residences are noted as furnished and featuring real hardwood floors. The building is located on Dickens Street, south of Ventura Blvd and just west of Van Nuys Blvd. It is described as steps from shops, restaurants, entertainment, and grocery options, and the area provides strategic access to both the 101 and 405 freeways.
For an owner looking to control leasing timing, the furnished, vacant unit setup is positioned to streamline move-ins and occupancy, while the West Sherman Oaks setting supports ongoing demand from the San Fernando Valley.
The remaining unit configuration is described alongside this vacancy profile, and multiple residences are noted as furnished and featuring real hardwood floors. The building is located on Dickens Street, south of Ventura Blvd and just west of Van Nuys Blvd. It is described as steps from shops, restaurants, entertainment, and grocery options, and the area provides strategic access to both the 101 and 405 freeways.
For an owner looking to control leasing timing, the furnished, vacant unit setup is positioned to streamline move-ins and occupancy, while the West Sherman Oaks setting supports ongoing demand from the San Fernando Valley.
Key Highlights
- 6‑unit apartment building built in 1941
- Could be delivered with five fully furnished, vacant residences
- Five furnished residences noted with real hardwood floors
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 | $123.1k | $31.80 |
| − Vacancy | −$9.8k | −$2.54 |
| EGI | $113.2k | $29.26 |
| − OpEx | −$50.9k | −$13.17 |
| NOI | $62.3k | $16.09 |
3,870 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$889.6K
$778.4K – $1.04M
NOI $62,271 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $145,039 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,795
Businesses Nearby
Explore this area
Business Placement
Demographics for 91403, CA
25,329
Population
13,095
Households
1.9
Avg Household Size
40
Median Age
68%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
7,036
Density / Sq Mi
$114,348
Median Household Income
$70,449
Median Earnings
$2,437
Median Rent
$1,467,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit Sherman Oaks apartment building built in 1941, with five furnished, vacant residences positioned for immediate leasing.
Where is this apartment building located?
The property is located at 14526 Dickens St Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 6‑unit apartment building built in 1941; Could be delivered with five fully furnished, vacant residences; Five furnished residences noted with real hardwood floors
