14857 Hartsook Street, Los Angeles, California, United States. - Hero Image
14857
Hartsook Street
Los Angeles | California

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Marcus & Millichap – Encino
Marcus & Millichap – Encino
Presented At
$1,775,000
Bedrooms
10
Living
5,958
SQFT
14857 Hartsook Street, Los Angeles, California, United States. - Photo 1
14857 Hartsook Street, Los Angeles, California, United States. - Photo 2
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14857 Hartsook Street, Los Angeles, California, United States. , Los Angeles , California

Residential Income in Sherman Oaks

14857 Hartsook Street is a classic 1960 garden-style apartment building located on a prominent corner lot in prime Sherman Oaks, one of the San Fernando Valley's most sought-after rental submarkets. Comprising six units across approximately 5,958 square feet on a 6,075-square-foot parcel, the property represents a low-maintenance, value-add opportunity with meaningful income growth potential through both traditional renovations and strategic property enhancements. The site's corner positioning, visibility, and location within a strong infill market support stable occupancy and long-term investor appeal. The asset features a highly functional and balanced unit mix consisting of three two-bedroom, one-and-a-half-bath units averaging roughly 991 square feet each and two one-bedroom, one-bath units ranging from approximately 694 to 773 square feet. These larger floor plans cater to family-oriented and long-term tenants, driving lower turnover and strong retention while allowing for substantial rent growth upon natural vacancy. Current in-place rents are estimated to trail neighborhood market levels by approximately 36%, offering a clear value creation pathway through market-standard interior upgrades such as flooring, finishes, appliance packages, and bath refresheswithout requiring a heavy repositioning effort. In addition to standard renovation potential, the property offers a compelling long-term upside through the possible conversion of existing garage spaces into one or two Accessory Dwelling Units (ADUs), subject to City of Los Angeles review and permitting. This potential ADU addition provides an opportunity to unlock new revenue streams and further enhance yield while preserving operational simplicity. The combination of under-market rents and physical adaptability makes Hartsook an ideal candidate for investors seeking multiple levers of [hidden information] addition to standard renovation potential, the property offers a compelling long-term upside through the possible conversion of existing garage spaces into one or two Accessory Dwelling Units (ADUs), subject to City of Los Angeles review and permitting. This potential ADU addition provides an opportunity to unlock new revenue streams and further enhance yield while preserving operational simplicity. The combination of under-market rents and physical adaptability makes Hartsook an ideal candidate for investors seeking multiple levers of growth. Operational risk is mitigated by a series of major capital improvements completed over the past two decades, significantly reducing near-term capital expenditure requirements. Key system upgrades include a Class A/B roof replacement completed in 2016 and a full soft-story seismic retrofit finalized in 2019 with a Certificate of Compliance issued by the City of Los Angeles. Additional recorded work includes a full plumbing re-pipe in 2004, installation of earthquake gas shut-off valves in 2003, wall heater replacements, kitchen hood duct upgrades, and minor garage repairs. These improvements address the most critical building systems for vintage multifamily assets and enhance lender confidence while supporting a turnkey value-add execution. Zoned [Q][hidden information] (Low Medium II Residential), the property lies within the Los Angeles River Implementation Overlay and is mapped along a High-Quality Transit Corridor, reinforcing long-term accessibility and planning strength. While located within a Liquefaction Zone, the parcel sits outside the FEMA Flood Zone per ZIMAS. The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO). In sum, 14857 Hartsook Street offers investors a corner-lot Sherman Oaks multifamily asset with a proven physical plant, spacious and balanced unit mix, and approximately 36% achievable rent upside, complemented by the potential for ADU conversion and supported by extensive completed capital workall within one of the San Fernando Valley's most stable and supply-constrained neighborhoods.

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Map showing 14857 Hartsook Street, Los Angeles, California, United States.

Property Location

14857 Hartsook Street, Los Angeles, California, United States., Los Angeles California

Local Weather & Climate

Los Angeles, California

Current Conditions Updated recently
83 °F
Clear sky
Feels Like 81°F
Humidity 22%
Wind 5 mph
Visibility 6.2 mi
Sunrise 2:07 PM
Sunset 1:59 AM
5-Day Forecast
Fri 13 Mar
Clouds
High 84°
Low 84°
Sat 14 Mar
Clouds
High 84°
Low 66°
Sun 15 Mar
Clouds
High 85°
Low 64°
Mon 16 Mar
Clouds
High 88°
Low 69°
Tue 17 Mar
Clear
High 90°
Low 73°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Los Angeles?

Walkability and transit scores for this address come from the EPA National Walkability Index.

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Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
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  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Frequently Asked Questions

Common questions about this property

This other at 14857 Hartsook Street, Los Angeles, California, United States features 10 bedrooms with 5,958 square feet of living space.
This property offers 5,958 square feet of living space.
This property is listed at $177,500,000, which equals $29792 per square foot.
This is a other located in Los Angeles, California. The property is situated in an established neighborhood with convenient access to local amenities and services.
Marcus & Millichap – Encino

Marcus & Millichap – Encino

Marcus & Millichap – Encino

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