86-Unit Apartment
New
For Sale
$22,900,000
5412 N Sepulveda Blvd, Los Angeles, CA 91411
The apartment asset is assembled across two neighboring parcels.
Property Size77,399 SF
Days on Market2
Property Features for 5412 N Sepulveda Blvd
General Information
Standard status
Active
Size
77,399 SF
Property subtype
Multifamily
Site & Location
Neighborhood
Sherman Oaks
Additional Details
Multifamily Units
86
Amenities
Rental Upside | In-place rents of $178,625/month vs. $208,170 market rents. 19 units are 30%+ below market, including 13 long-term tenancies averaging $1,329 vs. $2,493.
Strong Occupancy | 82 of 86 units leased, plus $154,588 in annual other income from RUBS, laundry and fees.
Prime Sherman Oaks Location | Minutes from Ventura Blvd and the 101 and 405 Freeways, near major shopping, dining and employment.
Recent Capital Improvements | Roof about 5 years old, resurfaced pool, updated units with laminate floors, new double-pane windows and efficient fixtures. Passed SB 721 inspection.
Two Buildings, Two Parcels | 5412 (42 units) and 5424 (44 units) sit on separate legal parcels, offering potential to sell individually (subject to buyer verification).
Resident Amenities | Pool, fitness center, game room, courtyard BBQs and landscaped grounds. Seller-owned laundry room in each building.
Building Details
Building Size
77,399 SF
Units
86
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Tony Azzi · License #License(s): CA: 00910513
(310) 909-5454
Source:
Marcusmillichap
Added: Nov 4
Last Checked: Nov 4 at 2:23PM
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 Marcus & Millichap - Los Angeles
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The apartment property contains 86 units and is made up of two parcels that sit next to one another.
Key Highlights
- 86 apartment units
- Two neighboring parcels comprise the property
Property Analytics
Lease Details
86
Residential units
Location Intelligence
Trade Area within ½ mile
1,103
Businesses Nearby
Explore this area
Business Placement
Demographics for 91411, CA
24,984
Population
10,003
Households
2.5
Avg Household Size
36
Median Age
37%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
12,492
Density / Sq Mi
$77,582
Median Household Income
$42,096
Median Earnings
$1,850
Median Rent
$973,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The apartment asset is assembled across two neighboring parcels.
Where is this apartment building located?
The property is located at 5412 N Sepulveda Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $22,900,000.
What are key features of this property?
This property features: 86 apartment units; Two neighboring parcels comprise the property
