3-Unit Residential Income
4617 Tilden AVE Sherman Oaks, CA 91403
4617 Tilden AVE, Sherman Oaks, CA, 91403
$1,229,000
For Sale
$1,229,000
Three-unit residential income property offering 2,082 square feet across spacious units.
Property Size2,082 SF
Price / SF$590.30
Days on Market342
Property Features for 4617 Tilden AVE
General Information
- Standard status
- Active
- Size
- 2,082 SF
- Property subtype
- MULTI_FAMILY
Building Details
- Year Built
- 1949
Listing agency
JohnHart Real Estate
(818) 464-5819
Listed by
Raffi Soualian · License #01887303
Source
Benbelack
Added: Aug 14, 2025 Updated: Jul 20 at 2:22AM Checked: Jul 21 at 6:23AM
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 JohnHart Real Estate
Investment Insights
Based on property information with market context.
This for-sale residential income property is configured as a three-unit building with a total size of 2,082 square feet. The units are described as spacious, offering separate residential setups within one property. The property also sits on a large lot, providing additional outdoor space.
The address is 4617 Tilden Ave, Sherman Oaks, CA 91403. Public remarks note the property is situated in an area surrounded by shops, restaurants, and major freeways.
The offering provides a straightforward multi-unit structure that can support an investor looking to lease multiple units, or a buyer seeking the option to occupy one unit while renting the others.
The address is 4617 Tilden Ave, Sherman Oaks, CA 91403. Public remarks note the property is situated in an area surrounded by shops, restaurants, and major freeways.
The offering provides a straightforward multi-unit structure that can support an investor looking to lease multiple units, or a buyer seeking the option to occupy one unit while renting the others.
Key Highlights
- Three‑unit residential income property with a total of 2,082 sq ft
- Built in 1949
- 3 spacious units, each described as well‑sized
Local Financial Insights For Multifamily LT 5
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 | $56.2k | $27.00 |
| − Vacancy | −$4.3k | −$2.05 |
| EGI | $51.9k | $24.95 |
| − OpEx | −$15.6k | −$7.48 |
| NOI | $36.4k | $17.46 |
2,082 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$519.4K
$454.5K – $606.0K
NOI $36,359 @ 7.0% cap · market cap 2.96%
Second Best
Apartment 5plus
$478.6K
$418.8K – $558.4K
NOI $33,501 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$1.11M
$975.4K – $1.30M
NOI $78,029 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit residential income property offering 2,082 square feet across spacious units.
Where is this triplex located?
The property is located at 4617 Tilden AVE Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $1,229,000.
What are key features of this property?
This property features: Three‑unit residential income property with a total of 2,082 sq ft; Built in 1949; 3 spacious units, each described as well‑sized