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Sell Your Sherman Oaks Apartment Building

Work with Glen Scher, Filip Niculete and the LAAA Team on a Sherman Oaks apartment sale. Review local completed transactions, consider your equity and exchange goals, and request a property-specific proposal.

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28

Transactions

$101.22M

Total Volume

4.06%

Avg Cap Rate

$333,382

Avg $/Unit

11

Avg Units

2012

Since

Cap rate, price per unit and unit count are averaged across apartment sales only: 24 of these 28 closed transactions are apartment sales. A sale with no figure recorded is left out of that average, so cap rate draws on 23.

LAAA Team Track Record Since 2012

Sherman Oaks Multifamily Market Overview

The LAAA Team's published Sherman Oaks history includes 28 closed transactions totaling $101.2M, dated 06/20/2014 through 02/05/2025. The table includes multiple property types and shared team work. It is a historical track record, not a current market-wide price or a promise of a particular result.

Local completed transactions include 4334 Mammoth Avenue and 4838-4846 Hazeltine Avenue. The Hazeltine story describes two apartment buildings sold by owners who had previously acquired the property through the team and were pursuing a replacement investment. Those circumstances connect the sale plan with the owner's next investment. The original stories and transaction table provide the property details; the appropriate strategy for another building depends on its own income, condition and ownership goals.

A Sherman Oaks sale proposal should explain how the building compares with relevant recent sales and how buyers will evaluate its income. We review the rent roll, leases, collections, expenses, capital work, loan information and applicable rent rules. Unit mix, parking and documented improvements matter more than assuming one price for an entire ZIP code.

Before marketing, discuss the buyer audience, offering materials, property access and information needed for due diligence. If your goal is to reduce management or reinvest, we can also discuss sale proceeds and an equity or exchange analysis. Start that discussion before setting a sale schedule so your tax adviser and qualified intermediary can evaluate the exchange requirements. Use current listings for available properties; the closing history below records completed sales.

Market Snapshot

Source: CoStar | Sherman Oaks Multifamily | 2026 Q1
15,463Total Units
6.4%↑ from 4.8%Vacancy Rate
$2,428Market Rent/Unit
-0.8%Rent Growth (YoY)
4.9%Market Cap Rate
$363,340Market $/Unit

Rents by Unit Type

Studio$1,799/mo
1 Bedroom$2,098/mo
2 Bedroom$2,737/mo
3 Bedroom$3,245/mo

Investment Activity (Trailing 12 Mo)

Sales Volume$36.2M
Transactions10
Avg Price/Unit$363,340
Avg Cap Rate5.8%

Sherman Oaks Market Area

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LAAA Team Closings in Sherman Oaks

28 transactions by Glen Scher, Filip Niculete & the LAAA Team

3920 Knobhill Dr

Sherman Oaks • 2025

Price
$3,925,000

4838-4846 Hazeltine Ave

Sherman Oaks • 2022

Price
$6,100,000
Units
16
Cap
4.16%
$/Unit
$381,250

14514 Benefit St

Sherman Oaks • 2022

Price
$1,610,000
Units
5
Cap
3.30%
$/Unit
$322,000

4500 Vista Del Monte Ave

Sherman Oaks • 2021

Price
$1,745,000
Units
5
$/Unit
$349,000

4528 Vista Del Monte Ave

Sherman Oaks • 2021

Price
$1,995,000
Units
8
Cap
3.17%
$/Unit
$249,375

4334 Mammoth Ave

Sherman Oaks • 2020

Price
$3,350,000
Units
10
Cap
5.56%
$/Unit
$335,000

15028 Dickens St

Sherman Oaks • 2020

Price
$5,550,000
Units
20
Cap
4.68%
$/Unit
$277,500

14533 Dickens St

Sherman Oaks • 2020

Price
$1,950,000
Units
8
Cap
4.65%
$/Unit
$243,750

14826 Dickens St

Sherman Oaks • 2020

Price
$1,875,000
Units
6
Cap
5.15%
$/Unit
$312,500

4535 Murietta Ave

Sherman Oaks • 2020

Price
$4,500,000
Units
13
Cap
4.46%
$/Unit
$346,154

13312 Woodbridge St

Sherman Oaks • 2019

Price
$1,445,000
Units
5
Cap
3.68%
$/Unit
$289,000

4334 Mammoth Ave

Sherman Oaks • 2019

Price
$3,330,000
Units
10
Cap
4.87%
$/Unit
$333,000

13804 Moorpark St

Sherman Oaks • 2019

Price
$1,270,000
Units
6
Cap
4.04%
$/Unit
$211,667

14419 Riverside Dr

Sherman Oaks • 2019

Price
$2,050,000

4522 Murietta Ave

Sherman Oaks • 2018

Price
$3,500,000
Units
13
Cap
3.85%
$/Unit
$269,231

15028 Dickens St

Sherman Oaks • 2018

Price
$3,165,000
Units
10
Cap
4.07%
$/Unit
$316,500

4474 Murietta Ave

Sherman Oaks • 2018

Price
$2,400,000
Units
8
Cap
3.66%
$/Unit
$300,000

15058 Valleyheart Dr

Sherman Oaks • 2018

Price
$660,000

4535 Murietta Ave

Sherman Oaks • 2017

Price
$3,900,000
Units
13
Cap
3.87%
$/Unit
$300,000

14224 Riverside Dr

Sherman Oaks • 2017

Price
$5,450,000
Units
9
Cap
4.34%
$/Unit
$605,556

Source: LAAA Team Closed Transactions

Selected Deal Stories

Sherman Oaks Multifamily Investment FAQs

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Your LA Apartment Investment Advisors

Glen Scher

Glen Scher

Senior Managing Director Investments

(818) 212-2808

Email Glen

License(s): CA: 01962976

Filip Niculete

Filip Niculete

Senior Managing Director Investments

(818) 212-2748

Email Filip

License(s): CA: 01905352

LAAA Team of Marcus & Millichap

16830 Ventura Blvd, Ste. 100, Encino, CA 91436

LAAA Team of Marcus & Millichap