13520 Rye Street presents the opportunity to acquire a six-unit multifamily asset in Sherman Oaks, one of the San Fernando Valley's most established residential neighborhoods. The property consists of one three-bedroom, two-bathroom unit and five one-bedroom, one-bathroom units, providing a balanced unit mix that appeals to a broad tenant base. The asset benefits from individual gas and electric metering, on-site laundry facilities, and a history of unit upgrades that support ongoing operational efficiency.
Positioned just north of Ventura Boulevard, the property offers convenient access to a wide variety of dining, retail, entertainment, and everyday services. Sherman Oaks continues to attract residents seeking proximity to major employment centers throughout Los Angeles while maintaining neighborhood-oriented amenities and walkability. The location also benefits from access to regional transportation corridors serving the San Fernando Valley and surrounding markets.
The current rent structure provides immediate income generation, while the pro forma analysis reflects potential revenue growth through continued leasing and management strategies. With six parking spaces, a well-established residential setting, and a unit configuration designed for long-term renter demand, the property offers investors a combination of in-place cash flow and future upside potential. The property's manageable scale, utility configuration, and desirable Sherman Oaks location contribute to its appeal for both private and professional multifamily investors seeking an asset within a supply-constrained Southern California market.