If Koreatown is where the RSO rewrite lands hardest, Sherman Oaks is where it lands softest of any core LA submarket. Not because the law spares Sherman Oaks — it does not — but because the building-age mix in the submarket is more heterogeneous than any other core LA pocket.
Selling an apartment building here? Sherman Oaks multifamily broker — Michael Sterman's record, comparables and process →
| Buildings closed | 17 |
| Units | 349 |
| Total volume | $96.2 million |
| Median price per unit | $238K |
| Range | $130K – $486K |
Median and range are drawn from the 17 Sherman Oaks buildings in the Sterman Transaction Index — Michael Sterman's own closed book, not a market-wide estimate. Per-unit pricing tracks building size as much as location, so compare against buildings of similar unit count rather than against the submarket average.
| Address | Units | Price | Closed |
|---|---|---|---|
| 4540 Natick Ave | 36 | $12,100,000 | 2026-05 |
| 4556 Hazeltine Ave | 6 | $1,635,000 | 2024-09 |
| 4331 Ventura Canyon Ave | 16 | $4,750,000 | 2021-09 |
| 4484 Murietta Ave | 10 | $3,000,000 | 2020-04 |
| 14632 Magnolia Blvd | 16 | $3,790,000 | 2019-11 |
| 15009 Moorpark St | 45 | $18,100,000 | 2017-07 |
| 14930 Magnolia Ave | 8 | $2,040,000 | 2016-01 |
| 4632-4646 Vista Del Monte | 34 | $16,510,000 | 2015-06 |
| 14900 Moorpark Ave | 47 | $9,000,000 | 2014-10 |
| 14833 Magnolia Ave | 36 | $7,200,000 | 2014-09 |
| 4433 Murietta Ave | 24 | $5,705,000 | 2014-04 |
| 14258 Dickens St | 11 | $1,900,000 | 2014-02 |
| 14701 Dickens St | 8 | $2,000,000 | 2013-10 |
| 14258 Dickens Street | 11 | $1,435,000 | 2013-04 |
| 13506 Rye Street | 15 | $2,900,000 | 2013-04 |
| 4721 Kester Avenue | 10 | $1,915,000 | 2013-03 |
| 15286 Sutton Street | 16 | $2,220,000 | 2012-11 |
Sherman Oaks is the Valley floor's most-demanded multifamily submarket. Demographics favor the renter class that pays aggressive market rent. School district quality, walkability to Ventura Boulevard, and proximity to bo...
Read the full seller's guide →Living in townSherman Oaks is a neighborhood south of the 101 in the central San Fernando Valley. Known for strong school districts, the Ventura Boulevard commercial spine, and a stable professional-class demographic.
See the full neighborhood profile →Closings14 Sterman Multifamily Group closings in Sherman Oaks. See the full transaction record.
See all 14 Sherman Oaks closings →FAQ4 common questions about selling an apartment building in Sherman Oaks — answered.
Read the full FAQ →Sherman Oaks is a reliable Valley LA City submarket with a deep local operator buyer pool. Post-1995 inventory and pre-1978 inventory trade quite differently here — the December 2025 RSO rewrite has widened that gap meaningfully.
Michael Sterman will walk through comparables, buyer pool, and timing specific to your building — no obligation, no pitch.
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