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+16615447793
Ilma's Inc.
13548 Burbank, Sherman Oaks, CA 91401
- $1,200,000
- Sold Price
- $1,200,000
- List Price
- $1,399,500
- Closing Date
- May 29, 2026
- Status
- CLOSED
- MLS#
- SR26046556
- Year Built
- 1953
- Lot Size
- 9,702
- Acres
- 0.22
- Lot Location
- Sprinklers In Front, Street Level
- Days on Market
- 24
- Property Type
- Multifamily
- Style
- Bungalow, Patio Home
- Property Sub Type
- Mixed Use
- Stories
- One Level
Property Description
An exceptionally well kept low-maintenance five-unit apartment building in the heart of Sherman Oaks. Recent capital improvements—new roof installed in 2025, new security electric gate and updated security cameras-enhance the property’s durability, efficiency, and overall tenant peace of mind. The building offers a desirable unit mix of one 2BR/1BA and four 1BR/1BA units. Each residence includes a large private patio, the signature feature that inspired the building’s name, Patio Apts. All units are currently occupied by single tenants, providing stable and consistent income. Residents enjoy convenient on-site amenities, including a dedicated laundry room, owner’s storage, and five covered parking spaces, each with its own tenant storage compartment. The location delivers strong long-term rental appeal. The property is within walking distance of Los Angeles Valley College, approximately one mile from the Sherman Oaks Galleria, and close to the newly developed NOHO West Shopping Center. Transit access is excellent, with the Orange Line nearby and quick connections to the 170, 101, and I-5 freeways. Coldwater Canyon provides a direct route over the hill to Beverly Hills and West Los Angeles. A rare opportunity to acquire a stable, well-maintained asset in one of the Valley’s most consistently high-demand rental pockets.
Additional Information
- Pool Description
- None
- Heat
- Space Heater, See Remarks
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $97,872
- Operating Expense
- 26254
Listing courtesy of Listing Agent: Juan Berrio (jberrio@roadrunner.com) from Listing Office: Judd Matsunaga.
Listing sold by Juan Berrio from Judd Matsunaga
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.