12944 Riverside Drive Sherman Oaks, CA $ 1,599,500
12944 Riverside Drive
$ 1,599,500
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12944 Riverside Drive

Sherman Oaks, CA, 91423
$ 1,599,500
Baths1.0 Sq 3,756

Monthly Estimate*

$ 9,848

Listed by Tower-60
12944 Riverside Drive, Sherman Oaks, CA 91423 - Image 1
12944 Riverside Drive, Sherman Oaks, CA 91423 - Image 2
12944 Riverside Drive, Sherman Oaks, CA 91423 - Image 3
12944 Riverside Drive, Sherman Oaks, CA 91423 - Image 4
12944 Riverside Drive, Sherman Oaks, CA 91423 - Image 5
12944 Riverside Drive, Sherman Oaks, CA 91423 - Image 6
12944 Riverside Drive, Sherman Oaks, CA 91423 - Image 7
12944 Riverside Drive, Sherman Oaks, CA 91423 - Image 8
12944 Riverside Drive, Sherman Oaks, CA 91423 - Image 9
12944 Riverside Drive, Sherman Oaks, CA 91423 - Image 10
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Studio

Multi-Family Home for sale in Sherman Oaks, CA

for $1,599,500 with 1 full bath. This 3,756 square foot home was built in 1952 on a lot size of 0.1489.

A wonderful opportunity to own an attractive 4 unit property with a large backyard, 4 individual garages with direct access, and a separate laundry room on the premises. Each unit is approx. 950 sq ft, 2 bedrooms and 1 bathroom, with hardwood floors, large bay windows, crown molding and ample storage. The property offers individual water heaters, gas and electric meters. Total building is 3700 sq ft, gated and fenced on a 6700 sq ft lot with privacy hedges around. The front yard and huge rear courtyard are landscaped and are excellent for outdoor entertaining. Property is zoned R3 – lots of potential for remodeling, tear down and new build, or conversion to townhouses/ SFR. It is located in a prime residential area on the border of Studio City, close to studios, convenient access to 101 and 405 freeways, bars, restaurants ,entertainment and shopping facilities. An opportunity not to be missed!

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Multi-Family Contingent

Price

$ 1,599,500

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1489

Year Built

1952

Town/City

Sherman Oaks

County/Region

Los Angeles

MLS | Web ID

SB26000832

Days on Market

10

Features
General
Sewer Public Sewer
Heating Floor Furnace Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Gas Range Water Heater
HOA Fee 0
Garage Spaces 4
Architectural Style Colonial
Pool Features None
Exclusions Tenants personal possessions
Year Built 1952
Tenant Pays Cable TV Electricity Gas
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 50
Community Features Biking Street Lights Sidewalks
County Los Angeles
Net Operating Income 98120
Operating Expense 11640
Insurance Expense 3840
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions East of Coldwater Canyon
City Sherman Oaks
Disclosures Rent Control
Entry Location Ground level with steps
Senior Community Y/N false
Number Of Units Total 4
MLS Area SO - Sherman Oaks
Lot Size Units Square Feet
Lot Size Square Feet 6487
Number of Units Leased 2
Listing Terms Submit
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 600
Current Financing None
Fuel Expense 0
Trash Expense 3900
Water Sewer Expense 3300
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 26
Total Actual Rent 2668
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Built-in Features Crown Molding Unfurnished Bedroom on Main Level
Flooring Wood
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Window Features Bay Window(s)
Fireplace Y/N false
Laundry Features Common Area Laundry Room See Remarks
Entry Level 1
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Exterior
Parking Features Door-Single Garage See Remarks
Lot Features Front Yard Garden Lawn Landscaped Yard
Water Source Public
Total Parking 4
Lot Size Area 6487
Number of Buildings 1
Spa false
Building Area Total 3756
Lot Size Acres 0.1489
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Tower-60

Broker

sally@sallywhittyrealestate.com

Email

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Monthly Principal & Interest
$9,848
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$1,599,500 Listed Price

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12944 Riverside Drive, Sherman Oaks, CA, 91423 is a Multi-Family Home for sale at $1,599,500 with 3,756 sqft and a lot size of 0.1489. 12944 Riverside Drive is a studio with 1.0 baths and was built in 1952. The property's zip code is 91423 which is in Sherman Oaks, CA