Trimark Realty
13520 Rye primary photo
Active·Multi-Family (6 Units)

$1,950,000

-$45,000
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13520 Rye, Sherman Oaks CA 91423

8 beds7 baths5,006 sqft

Multi-Family (6 Units)

Property type

135 days

On market

$390

Price per sqft

0 cars

Garage

1956

Year built

4,998 sqft

Lot size

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Overview

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. 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...

Listing provided by: Jack Baboudjian DRE #01372116, Baboudjian Properties Inc.

Listing updated: May 18, 2026 at 10:49pm.

Last checked: Jun 5, 2026 at 11:00am

Source: CRMLS #GD26014995

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
111$1,995$1,995$2,195Unfurnished
111$1,665$1,665$2,195Unfurnished
111$1,895$1,895$2,195Unfurnished
111$1,202$1,202$2,195Unfurnished
111$1,995$1,995$2,195Unfurnished
132$2,995$2,995$3,495Unfurnished
  • # of Buildings: 1

  • # of Units Total: 6

  • Separate Electric Meters: 6

  • Separate Gas Meters: 7

  • Separate Water Meters: 1

  • Rent Control: Yes

  • Units Leased: 6

  • Total Actual Rent: $11,748

Financial Snapshot

Gross Rent Multiplier

13.8x

List Price / Annual Gross Rent

Cap Rate

4.75%

NOI / List Price

  • Gross Scheduled Income: $140,970

  • Operating Expense: $48,440

  • Net Operating Income: $92,529

Annual Operating Expenses

  • Electric: $0

  • Gardener: $1,200

  • Fuel: $1,462

  • Insurance: $9,149

  • Maintenance: $3,480

  • New Taxes: $23,393

  • Professional Management: $0

  • Trash: $3,659

  • Water / Sewer: $6,096

Interior

  • Laundry: Common Area

  • Entry Location: 1

Exterior

  • Property Attached: No

  • Stories Total: 2

  • Common Walls: No Common Walls

  • Lot Features: Six To Ten Units Acre

  • Pool: None

  • Spa: None

  • Water Source: Public

  • Sewer: Public Sewer

Garage and Parking

  • Parking: Assigned

  • Garage Spaces: 0

  • Carport Spaces: 6

  • Parking Total: 6

Lot Information

  • Land Lease: No

  • Common Interest: None

  • Parcel #: 2360014009

  • Additional Parcels: No

  • Tax Lot: 8

Community

  • Senior Community: No

    • Community Features: Curbs, Sidewalks

    Nearby Schools

    Nearby schools around the 13520 Rye, Sherman Oaks, CA 91423. Contact the school or district directly to verify enrollment eligibility.

    Payment Calculator

    Total Principal

    $1,560,000

    Total Interest

    $1,989,694

    Total Payment

    $3,549,694

    Payoff Date

    Jun 2056

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    PMI is disabled automatically when your down payment is 20% or more.

    Est. Payment

    $12,042

    per month

    Principal
    $1,410
    Interest
    $8,450
    Property Tax
    $2,031
    Home Insurance
    $150
    PMI
    $0
    HOA
    $0

    Property History for 13520 Rye

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    Sherman Oaks Market Snapshot

    Market stats compare this property with recent MLS activity for similar property types in 91423.

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