Updated August 27, 2026
Pooled across all 145 buildings in this record the pattern is clean: the bigger the building, the lower the price per unit, at every step. Small buildings compete with buyers who could otherwise buy a house, and that raises the per-door number. Larger buildings are priced on income by buyers running the math, and the number falls.
Inside a single submarket it is much weaker — it holds cleanly in only 4 of the 9 towns with enough closings to test it — which is the wider version of this page: what building size actually does to price.
Sherman Oaks does not do that. The 26-to-50-unit band is the highest of the three — above the 11-to-25 band, and above the 4-to-10 band as well. The largest buildings in this record print the largest per-door figure.
| Building size | Closings | Median per unit | Range |
|---|---|---|---|
| 4–10 units | 5 | $255,000 | $191,500 – $300,000 |
| 11–25 units | 7 | $193,333 | $130,455 – $296,875 |
| 26–50 units | 5 | $336,111 | $191,489 – $485,588 |
It is not a rule that big buildings are worth more per door in Sherman Oaks. Seventeen closings across a decade cannot establish a rule, and any honest reading of a band resting on a handful of buildings has to start there.
It is not a reason to price a large Sherman Oaks building off the higher band. The bands describe what happened. They are not a pricing instruction.
Composition. A price-per-door band is not a controlled comparison — it is whatever buildings happened to trade in that size range, and in a submarket this varied, a handful of buildings can carry a band.
Sherman Oaks spans two genuinely different products. South of Ventura Boulevard, toward the hills, the stock is newer, better located and priced accordingly. North of it, toward the Valley floor, the stock is older and more ordinary. A band containing several south-side buildings will print above a band containing mostly north-side ones, and that has nothing to do with unit count.
Building age and condition would explain it just as well. The archive holds addresses, unit counts, prices and dates — not construction years, condition or rent rolls — so I can identify the pattern and I cannot decompose it. Saying which of those explanations is right would be a guess dressed as analysis.
Because the alternative is to publish the bands and let a reader draw the obvious inference — that a fifty-unit Sherman Oaks building is worth more per door than a twenty-unit one — without telling them the sample is too small to support it.
A number published without its limits is a claim. Published with them, it is evidence.
Do not price off the band. Price off buildings that resemble yours: same side of Ventura, similar vintage, similar size, similar rent position against the RSO cap. Several of those are in the published record, and three Sherman Oaks streets carry more than one closing — the same-street comparisons are worth more than any band.
The full seventeen are at the Sherman Oaks closing record in full.
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