We are pleased to present the opportunity to acquire the fee simple interest in all units of a luxury condominium property in prime Sherman Oaks, CA. Greenbush Villas at 4212 Greenbush Avenue comprises six individual condominiums each with its own assessor parcel number, with 2 Units Delivered VACANT. All six condominiums are owned by the original developer and are being sold together. This sale structure gives buyers the opportunity to either continue operating the property as an income-producing multifamily asset or to sell the individual units off with the potential for sizable profits. The property was built in 2007 using podium-style construction that includes a wood-frame structure over a poured concrete base. Each unit has 3 bedrooms and 2.5 baths and each features a bonus room as well as an enclosed loft which is perfectly suited for home office use. Each unit also has its own private rooftop deck, laundry hookups, and a private 2-car garage. There is central heat and air as well as fireplaces throughout. Units feel very much like homes with a massive primary living area and kitchen. Units range in size from 2,100 to over 2,400 square feet. Located just 200 feet north of famed Ventura Boulevard on an idyllic tree-lined block in the best possible part of Sherman Oaks, Greenbush Villas provides tenants with walkable access to some of the area's best restaurants, bars, shops and services. Within a 3-minute stroll are culinary standouts Sushi Note, HomeState, The Great Greek, and Wood and Water. Directly to the north are multi million dollar single family homes. Greenbush Villas is also just one block from highly-regarded Dixie Canyon Community Charter School. There truly is no better location in the San Fernando Valley. Astute investors will have multiple options when choosing how to best leverage this amazing asset. Greenbush Villas is uniquely positioned in the rental market with extremely rare, high-quality, 3-bedroom units that should appeal to families priced out of the local market for single-family homes. Alternatively, the new owner might find that the prevailing value of $1,000,000+ for similar condominiums simply offers too compelling an opportunity for selling the units off individually. Either strategy provides tremendous value-add potential.
Sold for $4,500,000 on 07/09/25
$4,500,000
4212 Greenbush Ave, Sherman Oaks, CA 91423
18beds
15baths
13,380sqft
Multi Family
Built in 2007
-- sqft lot
$4,485,300 Zestimate®
$336/sqft
$2,333 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 08:31am
Listed by:
Eric Dilanian DRE # 01951699 213-233-4379,
Remax Commercial and Investment Realty 213-817-1000,
Robert Renshaw DRE # 01332831 424-293-4770,
REMAX COMMERCIAL & INVESTMENT REALTY
Bought with:
Michael Barasch, DRE # 01232835
Rodeo Realty
Source: CLAW,MLS#: 25493367

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 15
Heating
- Central
Cooling
- Central Air, Air Conditioning
Appliances
- Laundry: In Unit
Interior area
- Total structure area: 13,380
- Total interior livable area: 13,380 sqft
Property
Parking
- Total spaces: 12
- Parking features: Garage - 2 Car
- Has garage: Yes
Features
- Levels: Three Or More,Multi/Split
- Stories: 4
- Patio & porch: Patio
Lot
- Size: 8,214 sqft
Details
- Additional structures: None
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2007
Community & neighborhood
Location
- Region: Sherman Oaks
Services availability
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Estimated market value
$4,485,300