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$4,495,000
 $24,130 est/mo Sourced by Back At You

4653 Fulton,Sherman Oaks, CA 91423

Sherman Oaks, CA 91423

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Description

Offered for sale for the first time in 48 years, this 15-unit apartment building occupies a prominent 18,300-square-foot corner lot at Fulton Avenue and Kling Street, near the Sherman Oaks/Studio City border. Located in the highly sought-after 91423 zip code, this well-positioned investment property offers a compelling combination of established rental income, value-add potential, and future development opportunities. The property features an attractive unit mix of six one-bedroom and nine two-bedroom residences. Some units are below market, presenting potential for increased rental income. Residents enjoy a central courtyard swimming pool, landscaped frontage, covered gated parking, and additional tenant storage. The property's convenient location provides easy access to Ventura Boulevard, shopping, restaurants, entertainment, and major transportation corridors. Given its current income, prospects for enhancing rental performance, and property redevelopment possibilities, this building presents a very attractive investment opportunity in one of the San Fernando Valley's most desirable rental markets.

Details

MLS #SB26223592
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1962
Days On Site6
Listing Provided ByRE50 Inc | Diana Leslie

Features

SQ Feet13,318
Story(s)2
Units92
Acreage0.42

Exterior

Lot FeaturesEleven To Fifteen Units Acre

Area Information

StateCA
CountyLos Angeles
CitySherman Oaks
Zip Code91423
AreaSO Sherman Oaks
Listing VS Median (in 91423)
Price:
$4,495,000
low | high
Med:
$744,500
100% of Average
sqft:
13,318
low | high
Med:
1,557
100% of Average
$ / sqft:
$338
low | high
Med:
$484
6.59570649445% of Average
On site:
6
low | high
Med:
30
20% of Average
Sourced by Back At You

Market Activity 91423

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Coldwell Banker Home Source

Coldwell Banker Home Source

01902736 (760) 684-8100info@cbhomesource.com
StateCA
CountyLos Angeles
CitySherman Oaks
Zip Code91423
AreaSO Sherman Oaks
Listing VS Median (in 91423)
Price:
$4,495,000
low | high
Med:
$744,500
100% of Average
sqft:
13,318
low | high
Med:
1,557
100% of Average
$ / sqft:
$338
low | high
Med:
$484
6.59570649445% of Average
On site:
6
low | high
Med:
30
20% of Average
Sourced by Back At You
Listing Updated: October 14, 2026 at 5:49:08 PM PDT

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