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3-Unit Residential Income Property

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
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.

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 (±1% cap)
NOI $36,359 @ 7.0% cap · market cap 2.96%
Second Best
Apartment 5plus
$478.6K
$418.8K – $558.4K (±1% cap)
NOI $33,501 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$1.11M
$975.4K – $1.30M (±1% cap)
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

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Fish Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Restaurant Supermarket Adult Day Care Storage Facility Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
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