A brand-new 23-unit deed-restricted apartment building just hit the market in Sherman Oaks at $7.5 million — and for multifamily investors focused on affordable housing assets in the San Fernando Valley, the financing structure alone makes this property worth a serious look.
In this video, Zach Rosen, Director of Investments at Maher Commercial Realty, breaks down exactly what deed-restricted status means for the buyer — and why this asset solves a problem most new construction simply cannot.
What you need to know:
▶ Deed-restricted status unlocks FHA financing with higher leverage, longer amortization, and lower debt service coverage requirements than a conventional loan
▶ A buyer here can finance significantly more of this purchase than a comparable market-rate asset at the same price point
▶ The building is in lease-up — meaning the new owner curates the tenant base and captures current allowable rents from day one
▶ Zero inherited deferred maintenance — brand-new construction throughout
▶ Located in a supply-constrained Valley submarket with sustained affordable housing demand
For investors evaluating affordable housing acquisitions in Greater Los Angeles, this is the kind of structural financing advantage that rarely surfaces on a new construction asset in a market like Sherman Oaks.
📍 Maher Commercial Realty — Beverly Hills. Multifamily investment across Greater Los Angeles.
📩 Want to know if this deal pencils for your portfolio? Visit mahercr.com or send us a DM.
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