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14065 Moorpark St, Sherman Oaks, CA 91423

14065 Moorpark St, Sherman Oaks, CA 91423

14065 Moorpark St

Exclusively listed by the LAAA Team at Marcus & Millichap

Listing Price
$7,490,000
Cap Rate
5.13%
Units
30
GRM
11.39
Price / Unit
$249,667
Price / SF
$371.12
Gross SF
20,182 SF
Year Built
1956

Offering

Offering Overview

The LAAA Team of Marcus & Millichap is pleased to present Park Seville Apartments, a 30-unit apartment community at 14065 Moorpark St in Sherman Oaks, one block north of Ventura Blvd. The two-story courtyard building was completed in 1956 and holds eleven singles, ten one bedroom and nine two bedroom units, 20,182 gross square feet on a 23,875 square foot lot. The investment case is rent growth on turnover with the seismic work already done.

  1. 01

    22% Rental Upside Potential. Scheduled rent of $657,436 grows to $804,600 at market rents of $1,895 for the singles, $2,195 for the one bedrooms and $2,695 for the two bedrooms.

  2. 02

    Soft-Story Retrofit Complete. Chapter 93 retrofit under permit 25016-10000-16809, Certificate of Compliance May 29, 2026.

  3. 03

    Fully Occupied. No vacancies on the September 2026 rent roll.

  4. 04

    Recent Leasing Supports Market Rents. A two-bedroom leased at $2,695 in August 2026 and a one-bedroom at $2,095 in September 2026.

  5. 05

    30 Units, One Block From Ventura Blvd. Scale in a core Sherman Oaks location, 0.45 miles from Westfield Fashion Square.

  6. 06

    Courtyard Pool and Lobby. A landscaped interior courtyard with a pool, an entry lobby and an on-site coin laundry.

  7. 07

    Garage Parking. Secured garage parking on the rear drive.

  8. 08

    Updated Building Systems. Circuit breakers in place of the original fuses (2015) and a new common-area water heater (2022), both city finaled.

Location

Location Overview

14065 Moorpark St, Sherman Oaks, CA 91423

The Property sits on Moorpark St at Hazeltine Ave, about 500 feet north of Ventura Blvd. Westfield Fashion Square is 0.45 miles north, Van Nuys Sherman Oaks Park 0.66 miles north and Sherman Oaks Hospital 0.85 miles northwest. Notre Dame High School and The Buckley School are each 0.8 miles away, Harvard-Westlake 1.7 miles southeast and the Sherman Oaks Galleria 1.6 miles west. Universal Studios Hollywood is 5.0 miles east and Warner Bros. Studios 5.7 miles east.

Listing Team

Exclusively listed by the LAAA Team.

For offering materials, financials, or offer guidance, reach out directly.

Next Step

Ready to dig into the financials?

Sign the Confidentiality Agreement to access the full Offering Memorandum for 14065 Moorpark St, Sherman Oaks, CA 91423.

LA Apartment Advisors

The LAAA Team

Marcus & Millichap

All property showings are by appointment only.

This information has been secured from sources believed to be reliable, but no representations or warranties, expressed or implied, are made as to the accuracy of the information. References to square footage, age, or income are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. All property showings are by appointment only.

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