Millman Team Real Estate

$1,550,000
0.12 Acre Lot

14151 Moorpark Street, Sherman Oaks, California 91423

  • Residential Income Property Type
  • 1956 Year Built
Property Description

14151 Moorpark Street presents a rare opportunity to acquire a well-maintained fourplex in the heart of Sherman Oaks—one of the most desirable and stable rental submarkets in the San Fernando Valley. Built in 1956, the property is situated on a quiet, tree-lined street just a short walk from the vibrant retail and dining scene along Ventura Boulevard.

The unit mix consists of two spacious 2-bedroom / 1-bath units and two 1-bedroom / 1-bath units, offering an ideal layout for tenants. The property features four private garages, providing valuable on-site parking and potential future ADU conversion (buyer to verify), along with a dedicated laundry room—a convenience that supports tenant satisfaction and additional income potential.

Zoned TOC Tier 2, the property offers long-term redevelopment potential in a walkable, high-demand location. Well-kept and easy to manage, this asset is an excellent fit for both seasoned investors and first-time multifamily buyers seeking a stabilized property with upside.

Tenants benefit from close proximity to major employers and freeway access, with the 101 and 405 freeways just minutes away. Surrounded by shops, restaurants, and essential services, 14151 Moorpark Street offers the perfect balance of location, livability, and long-term value.

Basic Details
Residential Income
For Sale
SR25137105
$1,550,000
1956
0.12 Acre
Active Under Contract
1
Quadruplex
Features
: None
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Sherman Oaks
91423
Moorpark
14151
Street
W119° 33' 30.9''
N34° 9' 2.4''
14151 Moopark Street, West of Hazeltine Avenue
SO - Sherman Oaks
LARD1.5
Additional Information
$0
$0
$0
$0
$0
3240
: Sidewalks
1
4.0
: Rectangular Lot
4
2025-06-18
2
: Public
Broker/Agent Information
Reza Ghobadi
Reza Ghobadi
Listing Information
SR207059657
SR0157400
Cash,Cash to New Loan
Active Under Contract
2025-10-17T16:33:10Z
CRMLS
: Standard
2025-10-17T09:24:13Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us