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Investment Highlights

  • Well-located multifamily asset in a desirable Sherman Oaks neighborhood.
  • Great Access to the Sepulveda Basin Wildlife Reserve & Recreation Area!
  • Located in an infill submarket with limited new multifamily supply.
  • Total of two (2) attached storage garages allowing for additional income.
  • Recently completed a successful Balcony/Patio upgrade in compliance with LADBS ordinance.
  • Strong surrounding rental market supported by employment, lifestyle amenities, and freeway access.

Executive Summary

The Azzi Group of Marcus & Millichap is pleased to present 14525–31 Albers St, a 12-unit multifamily investment opportunity located in the highly desirable Sherman Oaks neighborhood of Los Angeles.
The offering consists of a well-located, value-add asset featuring three separate buildings on a sizable 13,500 SF lot, providing investors with strong in-place income and the ability to enhance cash flow through strategic rental increases and operational efficiencies.
Built in 1955/1962, the property offers a classic low-density layout with a desirable unit mix of studios, one-bedroom, and two-bedroom units, catering to a broad tenant base in a high-demand rental submarket. The property also features a combination of surface, tuck-under, and garage parking, along with separately metered gas and electricity, supporting efficient management and expense control.
14525–31 Albers St benefits from its prime infill location in Sherman Oaks, offering tenants convenient access to major employment hubs, retail corridors, and lifestyle amenities throughout the San Fernando Valley. The property is also located near the Sepulveda Basin Recreation Area and enjoys proximity to major freeways, enhancing connectivity across Los Angeles.
Sherman Oaks remains one of the Valley’s most sought-after rental markets, driven by its central location, strong tenant demand, and limited new multifamily supply—making 14525–31 Albers St a compelling investment opportunity with both stability and long-term upside.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,775,000
Price Per Unit $231,250
Sale Type Investment
Cap Rate 5.50%
Gross Rent Multiplier 11.91
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.31 AC
Building Size 7,061 SF
Average Occupancy 100%
No. Stories 2
Year Built 1962
Parking Ratio 1.98/1,000 SF
Zoning LAP / LARD2

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 5 - 462
1+1 4 - 600
2+1 2 - 750
2+1.5 1 - 850
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2249-002-010
  • 2249-002-011
Land Assessment
$1,312,372
Improvements Assessment
$765,548
Total Assessment
$2,077,920
  • Listing ID: 39960835

  • Date on Market: 3/30/2026

  • Last Updated:

  • Address: 14525 Albers St, Sherman Oaks, CA 91411

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