14065 Moorpark St Multifamily
  • Asking Price
    $7.5MAsking Price
  • Cap Rate
    5.13%Cap Rate
  • Price/SF
    $371.12Price/SF
  • Total Units
    30Total Units
  • GRM
    11.39GRM
  • NOI
    $384KNOI

Description

Park Seville Apartments at 14065 Moorpark Street contains 30 units arranged around a landscaped courtyard and pool in Sherman Oaks. Built in 1956, the two-story property has 20,182 gross square feet on a 23,875-square-foot lot. There are eleven studios, ten one-bedroom units and nine two-bedroom units, plus an entry lobby, coin laundry and rear garage parking.

The September 2026 rent roll shows full occupancy. Annual scheduled rent is $657,436, compared with the broker's $804,600 market projection, or approximately 22% potential growth. Six units leased since February 2026 provide recent benchmarks; two-bedroom leases range from $2,395 to $2,695 monthly. The soft-story retrofit received its Certificate of Compliance on May 29, 2026. Other improvements include circuit breakers installed in 2015 and a common-area water heater replaced in 2022.

The location is about 500 feet north of Ventura Boulevard at Hazeltine Avenue, near shopping, healthcare, parks and the 101/405 freeway network. Buyers can review the rent roll and improvement records with Marcus & Millichap's LAAA Team.

Offering Summary

  • Asking Price
    $7,490,000
  • Price PSF
    $371.12
  • Price/Unit
    $249,667
  • Property Type
    Multifamily
  • Size
    20,182 SF
  • Occupancy
    0%
  • Built
    1956
  • Parking
    Garage
  • Total Acres
    ~0.55 ac

Sale Details

  • Cap Rate
    5.13%
  • NOI
    $383,902
  • GRM
    11.39
  • Cash-on-Cash
    2.36%

Documents

Property Address

14065 Moorpark St
Sherman Oaks, CA 91423

Property Details

  • Property Type
    Multifamily
  • Total Units
    30
  • Occupancy
    100%
  • Year Built
    1956
  • Acres
    0.55

Deal Team

Filip Niculete profile image

Filip Niculete

Senior Managing Director, Investments
Marcus & Millichap
CA RE Lic. 01905352