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13718 Moorpark St

12 Unit Apartment Building $5,169,204 CAD ($430,767 CAD/Unit) 4.53% Cap Rate Sherman Oaks, CA 91423

INVESTMENT HIGHLIGHTS

  • Built in 1990 - Three floors over parking garage
  • Offered below replacement cost at $245 per foot
  • 6: 2 br 2.5 ba townhomes, 6: Singles/Jr. 1
  • Prime Sherman Oaks location. Appx 195' frontage
  • SCEP completed in 2023 - SB721 not performed
  • Central HVAC - Fireplaces - Balconies

EXECUTIVE SUMMARY

The Moorpark Street property currently consists of twelve multifamily units with a unit mix of six, two bedroom two and one half bath
townhouse units and six singles (or Jr. one bedroom units). The property has 194.8 feet of frontage along Moorpark Street and is zoned
R3. There are three stories built over two enclosed parking garages. Though the property could use some freshening up, we believe this
to be a unique opportunity to own 1990's construction with an interesting unit mix and modern appointments.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
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 (PRO FORMA - 2025) Click Here to Access

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

PROPERTY FACTS

Price $5,169,204 CAD
Price Per Unit $430,767 CAD
Sale Type Investment
Cap Rate 4.53%
Gross Rent Multiplier 12.58
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 14,704 SF
No. Stories 3
Year Built 1990
Parking Ratio 1.22/1,000 SF

UNIT AMENITIES

  • Air Conditioning

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 6 $2,069 CAD -
2+2.5 6 $3,580 CAD -
Walk Score®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2271-018-019
Land Assessment
$498,251 CAD (2024)
Improvements Assessment
$1,993,057 CAD (2024)
Total Assessment
$2,491,308 CAD (2024)

ZONING

Zoning Code LAR3 (Low Density Apartment Residential Zone)
LAR3 (Low Density Apartment Residential Zone)
  • Listing ID: 33949497

  • Date on Market: 2024-11-21

  • Last Updated:

  • Address: 13718 Moorpark St, Sherman Oaks, CA 91423

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