Property is part of a probate sale and as such is subject to Court Confirmation. Built in 1964, 14306 Riverside Dr is a 14 unit apartment building located in the heart of Sherman Oaks, a location unparalleled in the San Fernando Valley. The unit mix consists of six 1+1, four 2+2 and four 2+2+Den units, all of which operate well below market rent. With more than 14,000 sqft rentable, the building contains larger units than are typically seen in newer buildings and, as such, are highly sought after by both investors and renters. A new buyer will be able to realize more than 30% increase in income potential and, through thorough renovations, may realize even more potential. The building already has everything a potential renter would seek, including secured entry, ample parking, onsite laundry, large units and a swimming pool in an irreplaceable location. This multifamily offering provides a prospective investor with all the makings of a sound investment, including: prime location, low
Multi-familyProperty Type
1963Year Built
0.27 acresLot Size
$202Price/Sq.Ft.
20 spacesParking
Listed by Jeffrey Louks•DRE #00908473• Marcus & Millichap
•310-941-5899 (agent)
•jeff.louks@marcusmillichap.com (agent)
Bought with Jeffrey Louks•DRE #00908473• Marcus & Millichap
Berkshire Hathaway HomeServices California Properties
See all
Provided by Redfin
Sale history for 14306 Riverside Dr
Date
Event
Price
RENT. #1
Jul 20, 2022
Price Changed
$2,395
$0/sq ft
TheMLS #14-764745
Sep 17, 2014
Sold
$2,925,000
$202/sq ft
Jun 25, 2014
Pending
—
May 28, 2014
Listed
$2,400,000
$165/sq ft
Public Records
Jul 15, 1996
Sold
$850,000
$59/sq ft
Public Records
Apr 28, 1978
Sold
$500,000
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$44,149 (+1.3%)
$1,838,825 + $1,746,885
$3,585,710
2024
$43,580 (+1.9%)
$1,802,770 + $1,712,633
$3,515,403
2023
$42,759 (+4.7%)
$1,767,422 + $1,679,052
$3,446,474
2022
$40,822 (+1.4%)
$1,732,767 + $1,646,130
$3,378,897
2021
$40,270 (−1.0%)
$1,698,792 + $1,613,853
$3,312,645
2020
$40,664 (+4.0%)
$1,665,483 + $1,582,209
$3,247,692
2019
$39,094 (+0.7%)
$1,648,406 + $1,565,986
$3,214,392
2018
$38,819 (+2.4%)
$1,616,085 + $1,535,281
$3,151,366
2017
$37,918 (+2.6%)
$1,553,332 + $1,475,665
$3,028,997
2016
$36,956 (+1.4%)
$1,553,332 + $1,475,665
$3,028,997
2015
$36,429 (+136.1%)
$1,522,875 + $1,446,731
$2,969,606
2014
$15,429 (−1.3%)
$398,581 + $730,737
$1,129,318
2012
$15,633 (+2.7%)
$396,780 + $727,435
$1,124,215
2011
$15,227 (−0.6%)
$389,000 + $713,172
$1,102,172
2010
$15,318 (+3.6%)
$381,373 + $699,189
$1,080,562
2009
$14,779 (+4.1%)
$378,523 + $693,964
$1,072,487
2008
$14,201
$379,423 + $695,613
$1,075,036
Tax history for 14306 Riverside Dr
Year
Property tax
Land + Additions
Assessment*
2025
$44,149 (+1.3%)
$1,838,825 + $1,746,885
$3,585,710
2024
$43,580 (+1.9%)
$1,802,770 + $1,712,633
$3,515,403
2023
$42,759 (+4.7%)
$1,767,422 + $1,679,052
$3,446,474
2022
$40,822 (+1.4%)
$1,732,767 + $1,646,130
$3,378,897
2021
$40,270 (−1.0%)
$1,698,792 + $1,613,853
$3,312,645
2020
$40,664 (+4.0%)
$1,665,483 + $1,582,209
$3,247,692
2019
$39,094 (+0.7%)
$1,648,406 + $1,565,986
$3,214,392
2018
$38,819 (+2.4%)
$1,616,085 + $1,535,281
$3,151,366
2017
$37,918 (+2.6%)
$1,553,332 + $1,475,665
$3,028,997
2016
$36,956 (+1.4%)
$1,553,332 + $1,475,665
$3,028,997
2015
$36,429 (+136.1%)
$1,522,875 + $1,446,731
$2,969,606
2014
$15,429 (−1.3%)
$398,581 + $730,737
$1,129,318
2012
$15,633 (+2.7%)
$396,780 + $727,435
$1,124,215
2011
$15,227 (−0.6%)
$389,000 + $713,172
$1,102,172
2010
$15,318 (+3.6%)
$381,373 + $699,189
$1,080,562
2009
$14,779 (+4.1%)
$378,523 + $693,964
$1,072,487
2008
$14,201
$379,423 + $695,613
$1,075,036
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
22
Baths
23
Stories
—
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
1963
Sq. Ft.
14,503
Year built
1963
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
2248002010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 7, 2026.
Nov 22, 2024 • Final
Electrical
Remove and replace electrical sub-panels.
Electrical
Sep 11, 2024 • Final
Electrical
Replace existing electrical sub-panels with new ones.
Electrical
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.
Property details
Parking
Garage
Covered Parking
Parking
# of Parking Spaces (Total): 20
Interior
Equipment
Other
Heating & Cooling
Other Cooling
Other Heat
Multi-Unit Income
Gross Income: 161402
Gross Operating Income: $169,888
Net Operating Income: $87,481
Multi-Unit Expenses
Total Annual Expense: $73,921
Multi-Unit Other Financial Information
Gross Rent Multiplier: 14.14
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2, 3
Type Of Units: Apartments
# of Buildings: 1
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $921
Projected Rent: $5,528
Actual Rent: $5,528
# of Units: 6
Unit 2 Information
# of Beds: 2
# of Baths: 2.00
Rent: $1,053
Projected Rent: $4,210
Actual Rent: $4,210
# of Units: 4
Unit 3 Information
# of Beds: 2
# of Baths: 2.00
Rent: $1,101
Projected Rent: $4,405
Actual Rent: $4,405
# of Units: 4
Exterior
Building Information
Total Floors: 3
Property Information
Property Type: Residential Income
Lot Information
Lot Size (Sq. Ft.): 11,705
Lot Size Dimensions: A1
Zoning: LARD1.5
Financial
Assessment Information
Assessed Land Value: $396,780
Assessed Improvement Value: $727,435
Assessor Parcel Number: 2248-002-010
Location
Community Information
# of Units in Complex (Total): 14
Location Information
Directions: In between Van Nuys Blvd and Hazeltine Ave
Public facts
Beds: 22
Baths: 23.0
Sq. Ft.: 14,503
Stories: —
Lot Size: 0.27 acres
Style: Multi-Family (5+ Unit)
Year Built: 1963
Year Renovated: 1963
County: Los Angeles County
APN: 2248002010
Home facts updated by county records on Oct 7, 2026
Other
Documents & Disclosures
Disclosures: As Is, Court Approval Required, Probate
Around this home
Schools
Chandler Elementary
Public K-5 • Assigned • 0.7mi
8/10
Van Nuys Middle School
Public 6-8 • Assigned • 0.9mi
6/10
Van Nuys Senior High School
Public 9-12 • Assigned • 2.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
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