El Dorado Villas — Sale in Sherman Oaks, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Sherman Oaks, CA 91423

Photos

El Dorado Villas — Sale in Sherman Oaks, CA, photo 1 of 2
El Dorado Villas — Sale in Sherman Oaks, CA, photo 2 of 2

Investment Figures

Cap rate
5.05%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

El Dorado Villas presents a rare opportunity to acquire a luxury condominium community reimagined as a high-performing multifamily asset in the coveted Sherman Oaks submarket. Constructed in 2008 and situated on a beautifully landscaped 0.6-acre parcel at 4510 Murietta Avenue, the 33-unit property offers true condo quality living, with spacious layouts and premium finishes that command top-of-market rents and sustain consistently low vacancy. The unit mix—24 three-bedroom/two-bath, 5 two-bedroom/two-and-a-half-bath, and 4 two-bedroom/two-bath units—caters to affluent families and professionals seeking upscale residences in a walkable neighborhood with a median local household income exceeding $140,000. Investment Highlights: • 33 individually parceled condominium units, currently operating as a luxury apartment community. • Phenomenal Sherman Oaks Location. • Built in 2008 and subject to AB1482 State Rent Control.

Market Context

This multifamily in Sherman Oaks, CA is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Sherman Oaks, CA — view the full market.

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