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Closed

13950-13960 Burbank Blvd

Sherman Oaks, CA 91401

Transaction Price$3,275,000Discuss a Similar Property

Property Details

Units16
Building Size9,632 SF
Lot Size20,153 SF
Year Built1953
Price/Unit$204,688
Price/SF$340
Cap Rate5.44%
GRM11.41

Transaction Snapshot

This 16-unit apartment building in Sherman Oaks, CA 91401 closed for $3,275,000 on June 5, 2026. The property contains 9,632 SF and was built in 1953.

Jason Matatiaho was named with Peter James and William James as a Lyon Stahl broker on the transaction.

What the sale establishes

The reported consideration of $3,275,000 divided by 16 apartments equals $204,688 per unit. The closing date and consideration are reported in Traded, reviewed September 13, 2026.

Using this sale as a comparable

This is one completed transaction. Applying its price per unit to another building requires a review of lease income, unit mix, physical condition, and sale timing. Historical listing cap rates and rent multipliers are not independently verified operating results at closing.

See this sale in the documented transaction study, including the reporting period, sample size, and calculation method.

View transaction coverage on Traded

View the Sherman Oaks multifamily market page for related listings and transactions.

Considering a similar transaction?

Contact Jason to discuss your apartment building, timing, and local market conditions.

Discuss a Similar Property

Direct: (310) 936-4067

Email: Jason.M@LyonStahl.com