Five-Townhome Apartment Building with
For Sale
$3,395,000
4325 Stern, Sherman Oaks, CA 91423
Five townhomes built in 2008, each with private garages, rooftop decks, and in-unit laundry.
Property Size6,270 SF
Price / SF$541.47
Days on Market117
Property Features for 4325 Stern
General Information
Standard status
Active
Size
6,270 SF
Property subtype
Apartment
Units
Unit Mix
5 x 3BR/2.5BA
Multifamily Units
5
Additional Details
Highway Access
Yes
Amenities
private garages
rooftop decks
in-unit laundry
Building Details
Building Size
6,270 SF
Year Built
2008
Listing Agency:
Sotheby's International Realty
Listed By:
Darius Majlessi · License #01294550
Source:
Carolinakramer
Added: Apr 6
Changed: Jul 30
Last Checked: Jul 31 at 11:37AM
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 Sotheby's International Realty
Investment Insights
Based on property information with market context.
Five-townhome apartment property built in 2008 at 4325 Stern Avenue. The building contains five units, and each unit has its own APN. Unit layouts are designed for modern households, with three bedrooms and 2.5 bathrooms per unit.
The residences include practical on-site features: private garages, rooftop decks, and in-unit laundry. Total property size is 6,270 SF.
Conveniently located near Ventura Boulevard with easy access to the Westside, residents benefit from nearby retail and dining options, as well as access to the 101 and 405 freeways.
The residences include practical on-site features: private garages, rooftop decks, and in-unit laundry. Total property size is 6,270 SF.
Conveniently located near Ventura Boulevard with easy access to the Westside, residents benefit from nearby retail and dining options, as well as access to the 101 and 405 freeways.
Key Highlights
- Each of the five units has its own APN
- Private garages included with each townhome
- Rooftop decks for each unit
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 | $199.4k | $31.80 |
| − Vacancy | −$16.0k | −$2.54 |
| EGI | $183.4k | $29.26 |
| − OpEx | −$82.5k | −$13.17 |
| NOI | $100.9k | $16.09 |
6,270 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.44M
$1.26M – $1.68M
NOI $100,889 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.36M
$2.94M – $3.92M
NOI $234,985 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,667
Businesses Nearby
Explore this area
Business Placement
Demographics for 91423, CA
32,635
Population
16,678
Households
2
Avg Household Size
40
Median Age
63%
College-Educated
97%
High-School Grad
4.1 sq mi
ZIP Area
7,960
Density / Sq Mi
$112,119
Median Household Income
$66,538
Median Earnings
$2,239
Median Rent
$1,323,500
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 - Five townhomes built in 2008, each with private garages, rooftop decks, and in-unit laundry.
Where is this apartment building located?
The property is located at 4325 Stern Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: Each of the five units has its own APN; Private garages included with each townhome; Rooftop decks for each unit
