13444 Burbank Blvd Immeuble residentiel 7 lots 1 384 428 € (197 775 €/Lot) Taux de capitalisation 5,50 % Sherman Oaks, CA 91401

13444 Burbank Blvd offers investors the opportunity to acquire a seven-unit multifamily asset in a central
Sherman Oaks location, positioned along one of the San Fernando Valley’s most connected east-west
corridors.
The property combines stable in-place income, clear rental upside, and an attractive basis in one of the
Valley’s most consistently desirable rental markets. Currently generating a 5.50% current cap rate, the asset
offers investors a clear path to improved performance, with projected market rents supporting an estimated
8.36% market cap rate and a reduction from an 11.98x current GRM to an 8.93x market GRM.
A major differentiator is the front unit, which offers a rare house-like living experience within a multifamily
setting. Featuring its own private front yard and tandem parking spaces directly in front, the unit provides the
feel and functionality of a single family home while still benefiting from the income generated by the remaining
units. This creates a compelling opportunity for an owner-user to occupy the front unit, enjoy a more private
residential environment, and offset ownership costs through rental income.
The unit mix includes a combination of two 2 beds, one 1 bed, and 4 studios layouts, the property has
undergone meaningful capital improvements, including a full copper pipe upgrade throughout, reducing long-
term maintenance and utility costs for a new owner. Three units have been renovated within the past three
years, featuring upgraded flooring, countertops, windows, and light fixtures, providing a clear renovation
blueprint for repositioning the remaining units and capturing the embedded rent upside. Select units benefit
from desirable tenant features including parking, front and rear access, outdoor space, patio areas, and
central A/C, creating a more livable experience than typical small-unit apartment product.
The value-add story is clear and measurable. Current scheduled gross income is approximately$131,916
annually, while projected market income reaches approximately $178,500 annually, representing
meaningful embedded rental upside. With one single unit currently vacant, a new investor has the ability to
begin improving income immediately while continuing to reposition the remaining units over time.
Located miuntes from Los Angeles Valley College and the metro orange line.