The Rye Apartments is located in Sherman Oaks, one of the most sought-after cities in Los Angeles County. The building is just minutes away from the stores and eateries located at the Westfield Fashion Square and Ventura Boulevard. It is also ideally situated near major freeways, making it a quick drive to neighboring cities like Encino, Studio City and Burbank. The apartment complex has 6 units in total and consists of one 3 bedroom 2 bathroom unit and five 1 bedroom 1 bathroom units. There have been various upgrades made throughout some of the units. The unit floor plans are open and spacious, making optimal use of the square footage. Not only does this building have major upside potential, but its location makes it a premier asset for investors in today’s market.
Sherman Oaks, located between Studio City and Encino, is a residential and commercial Los Angeles neighborhood with a Ventura Boulevard spine and a foothill backdrop. Ventura Boulevard and Van Nuys Boulevard concentrates the neighborhood’s buzz, with patio restaurants, indie boutiques, and late-night dessert counters under a steady stream of headlights. Mid-century ranch homes and contemporary rebuilds line leafy streets south of the boulevard, while the Sepulveda Basin’s open space shapes weekend routines. The Sherman Oaks Galleria adds a modern retail-and-dining hub, and the nearby Skirball Cultural Center anchors arts and exhibitions. Tree-shaded blocks meet canyon roads toward the Santa Monica Mountains, giving the area a city-meets-trailhead rhythm.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Ground-level entry
Bedrooms
Three-bedroom unit (one unit)
One-bedroom units (five units)
Bathrooms
Two full bathrooms in the three-bedroom unit
One full bathroom in each one-bedroom unit
Laundry & utility
On-site laundry area
Exterior features
No pool
Sidewalks in the neighborhood
Zoning/lot density indicated at 6–10 units per acre
Perform a soft story retrofit on a building. Install steel cantilever columns as part of the structural reinforcement.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
Sherman Oaks has a relaxed, lived-in feel that’s easy to appreciate. It’s the kind of neighborhood where you can enjoy a quiet morning on a tree-lined street, head down to Ventura Boulevard for coffee or dinner, and still be close to everything else...
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reliable, high-value wealth growth in this iconic City.