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$3,332,000
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Property Description
We are pleased to present 13042 Riverside Drive, built in 1986, an 11-unit multifamily asset in the heart of Sherman Oaks, one of Los Angeles' most desirable rental markets. Featuring an attractive unit mix that promotes stable occupancy and low turnover, the property represents a true value-add opportunity with immediate cash flow and significant upside through strategic renovations. Its premier location-just minutes from Ventura Boulevard, the 101 and 405 freeways, and within walking distance to Westfield Fashion Square, boutique retail, trendy dining, and entertainment options-creates a highly attractive lifestyle for tenants. Combined with proximity to some of the area's top private and charter schools, this positioning ensures enduring demand and long-term appreciation. This rare offering brings together stability, growth potential, and lifestyle appeal, making it a compelling acquisition for investors seeking both security and upside in a supply-constrained submarket.
Full Property Details
Full Property Details for 13042 Riverside Dr
General
- Sold For: $3,332,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR25208443
- Added to Site: 131 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 20
Location
- Area: SO - Sherman Oaks
- County: Los Angeles
- Development Name: SO - Sherman Oaks
- Driving Directions: Near Whole Foods - Coldwater Canyon and Riverside Drive
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 12
- # Electric Meters: 12
Structural Information
- Entry Location: Street
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 10,442
- Year Built: 1986
Unit Information
Unit 1
- Number of Units: 2
- Total Bathrooms: 2
- Bedrooms: 1
Unit 2
- Number of Units: 6
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 3
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1929
- Lot Size Source: Assessor
- Lot Description: Near Public Transit
Financial Considerations
- Price Per Sq. Ft.: $319.1
- Price Per Unit: 381818
Listed and Sold by Keller Williams Realty Calabasas, Akash Saini
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Schools
Schools serving 13042 Riverside Dr
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Riverside Drive Charter Elementary School 13061 Riverside Dr., Los Angeles, CA 91423 | K-5 | 0.1 mi |
Louis D. Armstrong Middle School 5041 Sunnyslope Ave., Los Angeles, CA 91423 | 6-8 | 0.7 mi |
Ulysses S. Grant Senior High School 13000 Oxnard St., Los Angeles, CA 91401 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 13042 Riverside Dr
Date
Details
Price
Change
Source
12/12/2025
Sold
$3,332,000
-20.67%
MLS
9/09/2025
Listed
$4,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
13042 Riverside Dr, Sherman Oaks, CA 91423 (MLS# SR25208443) is a Multi-Family property that was sold at $3,332,000 on December 12, 2025. Want to learn more about 13042 Riverside Dr? Do you have questions about finding other Multi-Family real estate for sale in Sherman Oaks? You can browse all Sherman Oaks real estate or contact a Coldwell Banker agent to request more information.

