Regency Arms Apartments 4188 Greenbush Ave 10 Unit Apartment Building $3,095,000 ($309,500/Unit) 4.75% Cap Rate Sherman Oaks, CA 91423

IKON Properties LA is pleased to present the Regency Arms Apartments, a 10-unit multifamily property located in one of Sherman Oaks’ most desirable neighborhoods. This investment opportunity features updated, spacious units, ample parking, on-site laundry facilities, and professional property management, making it a valued addition to any real estate portfolio.
The property is ideally situated just south of Ventura Blvd, only 200 feet from this iconic street, on a serene, tree-lined block in the heart of Sherman Oaks. Tenants enjoy easy access to some of the area’s best dining, shopping, bars, and services. Notable culinary destinations like Sushi Note, Petit Trois, BLVD Steak, and HomeState are just minutes away, while multi-million-dollar single-family homes border the property to the north, highlighting the neighborhood’s exclusivity. The Regency Arms Apartments is also conveniently located just one block from the well-regarded Dixie Canyon Community Charter School, adding appeal for families and enhancing the area’s desirability.
This is a prime opportunity for investors to acquire a multifamily asset in a top-tier location with significant potential for appreciation. With the possibility of adding Accessory Dwelling Units (ADUs) and increasing rents, there’s ample room to unlock value and maximize returns on this outstanding property.