The Boyett Team is proud to present 4388 Ventura Canyon Avenue — a well-maintained pride-of-ownership six-unit multifamily investment opportunity ideally located in the heart of Sherman Oaks, one of the San Fernando Valley’s most desirable rental markets. Situated on the prominent corner of Ventura Canyon and Moorpark Street, this property offers exceptional accessibility, strong rental demand, and future development potential with R3 zoning. Sitting on an 8,101-square-foot corner lot (approximately 0.19 acres) with 3,828 square feet of building area, the property features a classic garden-style layout and six convenient tuck-under carports. Built in 1953, the building has been well maintained over the years and includes copper plumbing, window air conditioning units, shared laundry facilities, and is separately metered for gas and electricity — all contributing to simplified management and reduced operating expenses. The unit mix consists of two (2) two-bedroom/one-bath units, two (2) one-bedroom/one-bath units, and two (2) studio apartments. Its R3 zoning further enhances long-term upside potential, allowing future investors the flexibility to explore redevelopment or densification opportunities in one of Los Angeles’s most sought-after infill locations.
The property’s prime location is just steps away from Ventura Boulevard, where residents enjoy immediate access to an abundance of dining, shopping, and entertainment options within walking distance. Nearby culinary favorites include Petit Trois, Crave Café, Bacari, The Woodman, Zen Toro, Boneyard Bistro, and Antonio’s Pizzeria, among many others. Grocery amenities such as Ralphs, Gelson’s, Trader Joe’s, Erewhon, and Whole Foods are all nearby, while major retail destinations like The Sportsmen’s Lodge, Westfield Fashion Square, and the Sherman Oaks Galleria are only minutes away. With excellent access to both the 405 and 101 freeways, residents benefit from seamless connectivity to major employment hubs across Los Angeles. Combining its irreplaceable location, stable occupancy, and future redevelopment potential, 4388 Ventura Canyon Avenue represents a rare opportunity to acquire a classic, pride-of-ownership multifamily asset in a premier Sherman Oaks neighborhood. Please do not disturb tenants. Reach out for more information.