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14857 Hartsook Street

Sherman Oaks, CA 91403
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Bed 10

Bed

Bath 0

Bath

SqFt5,958

Sqft

SqFt6,077

Sqft(Lot)

14857 Hartsook Street is a classic 1960 garden-style apartment building located on a prominent corner lot in prime Sherman Oaks, one of the San Fernando Valley's most sought-after rental submarkets. Comprising six units across approximately 5,958 square feet on a 6,075-square-foot parcel, the property represents a low-maintenance, value-add opportunity with meaningful income growth potential through both traditional renovations and strategic property enhancements. The site's corner positioning, visibility, and location within a strong infill market support stable occupancy and long-term investor appeal. The asset features a highly functional and balanced unit mix consisting of three two-bedroom, one-and-a-half-bath units averaging roughly 991 square feet each and two one-bedroom, one-bath units ranging from approximately 694 to 773 square feet. These larger floor plans cater to family-oriented and long-term tenants, driving lower turnover and strong retention while allowing for substantial rent growth upon natural vacancy. Current in-place rents are estimated to trail neighborhood market levels by approximately 36%, offering a clear value creation pathway through market-standard interior upgrades such as flooring, finishes, appliance packages, and bath refresheswithout requiring a heavy repositioning effort. In addition to standard renovation potential, the property offers a compelling long-term upside through the possible conversion of existing garage spaces into one or two Accessory Dwelling Units (ADUs), subject to City of Los Angeles review and permitting. This potential ADU addition provides an opportunity to unlock new revenue streams and further enhance yield while preserving operational simplicity. The combination of under-market rents and physical adaptability makes Hartsook an ideal candidate for investors seeking multiple levers of growth.In addition to standard renovation potential, the property offers a compelling long-term upside through the possible conversion of existing garage spaces into one or two Accessory Dwelling Units (ADUs), subject to City of Los Angeles review and permitting. This potential ADU addition provides an opportunity to unlock new revenue streams and further enhance yield while preserving operational simplicity. The combination of under-market rents and physical adaptability makes Hartsook an ideal candidate for investors seeking multiple levers of growth. Operational risk is mitigated by a series of major capital improvements completed over the past two decades, significantly reducing near-term capital expenditure requirements. Key system upgrades include a Class A/B roof replacement completed in 2016 and a full soft-story seismic retrofit finalized in 2019 with a Certificate of Compliance issued by the City of Los Angeles. Additional recorded work includes a full plumbing re-pipe in 2004, installation of earthquake gas shut-off valves in 2003, wall heater replacements, kitchen hood duct upgrades, and minor garage repairs. These improvements address the most critical building systems for vintage multifamily assets and enhance lender confidence while supporting a turnkey value-add execution. Zoned [Q]RD1.5-1-RIO (Low Medium II Residential), the property lies within the Los Angeles River Implementation Overlay and is mapped along a High-Quality Transit Corridor, reinforcing long-term accessibility and planning strength. While located within a Liquefaction Zone, the parcel sits outside the FEMA Flood Zone per ZIMAS. The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO). In sum, 14857 Hartsook Street offers investors a corner-lot Sherman Oaks multifamily asset with a proven physical plant, spacious and balanced unit mix, and approximately 36% achievable rent upside, complemented by the potential for ADU conversion and supported by extensive completed capital workall within one of the San Fernando Valley's most stable and supply-constrained neighborhoods.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,725,000

AD Id : 68550780

MLS Id : 25616653

Beds : 10

Lot Size : 6,077 Sqft

Living Area Size : 5,958

Year Built : 1960

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 10

    Bathroom Information

    Total Baths: 8 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1960 Building Area Total: 5,958

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1395 Lot Size Dimensions: 45x135
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6077

  • Listing Price Information

    Original List Price: 1,725,000 Listing Contract Date: 2025-11-05
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 2263038023

  • Garage and Parking

    Garage Description: Door-Single,Garage,Uncovered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: SO - Sherman Oaks Postal Code Plus 4: 1464 Directions: Nearest cross street of Kester Ave & Magnolia Blvd. Zoning: LARD1.5 Source Property Type: Residential Income Area: SO - Sherman Oaks
  • Building and Construction

    Property Age: 66 Year Built Source: Vendor Enhanced Total Square Feet Living: 5958 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
14622 Huston Street, Sherman Oaks, CA, 91403 $1,699,000 5 5 2,582 2,582 SqFt
14722 Magnolia Boulevard, Sherman Oaks, CA, 91403 $1,595,000 4 -- 3,588 3,588 SqFt
14657 Addison Street, Sherman Oaks, CA, 91403 $2,850,000 4 -- 3,414 3,414 SqFt
4508 Vesper Avenue, Sherman Oaks, CA, 91403 $2,595,000 4 3 2,623 2,623 SqFt
14525 Dickens Street, Sherman Oaks, CA, 91403 $1,789,000 5 -- 2,484 2,484 SqFt
14526 Dickens Street, Sherman Oaks, CA, 91403 $1,995,000 6 -- 3,870 3,870 SqFt
4115 Knobhill Drive, Sherman Oaks, CA, 91403 $1,479,000 3 2 1,699 1,699 SqFt
14713 Valleyheart Drive, Sherman Oaks, CA, 91403 $2,575,000 5 3 5,041 5,041 SqFt
4503 Tobias Avenue, Sherman Oaks, CA, 91403 $1,785,000 4 4 2,500 2,500 SqFt
14758 Morrison Street, Sherman Oaks, CA, 91403 $3,395,000 4 4 3,663 3,663 SqFt

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ByOwner last updated this listing 06/20/2026 @ 02:20

MLS: 25616653 LISTED BY: Filip Niculete, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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