Northmarq, as the exclusive listing agent, is pleased to present the opportunity to acquire 13444 Moorpark Street, a 16-unit non-rent control value-add asset located in prime Sherman Oaks. 13444 Moorpark Street sits on an 11,954-square-foot parcel and features a two-story garden-style building above a semi-subterranean parking garage. The property totals approximately 13,682 gross square feet and offers a unit mix of 11 one-bedroom, one-bathroom units and 5 two-bedroom, two-bathroom units. The building includes underutilized interior courtyards, in-unit fireplaces, and private balconies or patios for each unit. In-place rents reflect a ~14% loss-to-lease, with the potential to achieve market rents through the implementation of an interior and exterior improvement plan. Beyond the physical characteristics, the property’s premier Sherman Oaks location makes it highly attractive to renters. Situated steps away from Ventura Boulevard, residents enjoy easy access to abundant shopping, retail, and top dining options such as Bacari Sherman Oaks, Anajak Thai, and Osteria La Buca. Additionally, the properties are conveniently located near the 101 and 405 freeways, providing residents with quick access to major San Fernando Valley employers in Burbank and Warner Center such as CBS Studios, Warner Brothers, Kaiser Permanente, and Disney.