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4747 Orion Avenue, Sherman Oaks, CA 91403

Sherman Oaks
Local realty services provided by:CENTURY 21 Lois Lauer Realty
4747 Orion Avenue,Sherman Oaks, CA 91403
$1,500,000
  • 5 Beds
  • - Baths
  • 2,964 sq. ft.
  • Multi-family
  • Active
Listed by: neema ahadian
Office: marcus & millichap310-909-5500
MLS#:26849143
Source:CRMLS

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$506.07

About this home

We are pleased to present 4747 Orion Avenue, a4-unit multifamily investment opportunity situated in the heart of Sherman Oaks, just moments from Ventura Boulevard and the101/405 interchange - one of the San Fernando Valley's most desirable and supply-constrained rental submarkets. The property features three one-bedroom/one-bath units and one two-bedroom/two-bath unit across approximately 2,964 gross square feet, sitting on a spacious 8,755 SF lot. One unit will be delivered vacant at the close of escrow, providing an incoming investor with immediate market rate income for that unit from day one. At the asking price of $1,500,000, the property is offered at$375,000 per unit and $506 per square foot at a market caprate of 4.27% and market GIM of 13.30 - representing approximately 27% revenue upside as below-market leases roll to current levels.R3-1 zoning on an 8,755 SF lot unlocks meaningful development optionality. Base density supports up to 10 units by right at 1unit per 800 SF of...

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Home facts

  • Year built:1976
  • Listing ID #:26849143
  • Added:45 day(s) ago
  • Updated:August 01, 2026 at 11:04 AM

Rooms and interior

  • Bedrooms:5
  • Living area:2,964 sq. ft.

Structure and exterior

  • Year built:1976
  • Building area:2,964 sq. ft.
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$506.07

Parking

  • Parking description:Driveway
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