3-Unit Residential Income
For Sale
$1,229,000
4617 Tilden AVE, Sherman Oaks, CA 91403
Three-unit residential income property offering 2,082 square feet across spacious units.
Property Size2,082 SF
Price / SF$590.30
Days on Market433
Property Features for 4617 Tilden AVE
General Information
Standard status
Active
Size
2,082 SF
Property subtype
MULTI_FAMILY
Additional Details
Highway Access
Yes
Multifamily Units
3
Building Details
Building Size
2,082 SF
Year Built
1949
Tenancy
Multi
Listing Agency:
JohnHart Real Estate
Listed By:
Raffi Soualian · License #01887303
(818) 464-5819
Source:
Benbelack
Added: Aug 14, 2025
Changed: Oct 19
Last Checked: Oct 19 at 3:34PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,359
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,180
$727.2K
Cap Rate 7%
$519,414
$519.4K
Cap Rate 9%
$403,989
$404.0K
Market Conditions
NOI Build-Up for 2,082 SF
Gross rent
$56.2K $27.00/SF
− Vacancy
−$4.3K −$2.05/SF
EGI
$51.9K $24.95/SF
− OpEx
−$15.6K −$7.48/SF
NOI
$36.4K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,180
Cap Rate 7%
$519,414
Cap Rate 9%
$403,989
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 authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,170
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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
