13506 Rye St
Description
valuable opportunity to own a well-maintained building in the San Fernando Valley’s trendy city of Sherman Oaks. Comprised of 14
units, the property boasts a total of 11,156 rentable square footage. There are two studios, two one-bedroom/one-bathroom
junior unit, six one-bedroom/one-bathroom units, one two-bedroom/ one-bathroom unit, one two-bedroom/one and one half bath...Nestled in a private cul de sac between Rye St. and Ventura Canyon Ave., 13503 Rye Street is a multi-family building that offers the
valuable opportunity to own a well-maintained building in the San Fernando Valley’s trendy city of Sherman Oaks. Comprised of 14
units, the property boasts a total of 11,156 rentable square footage. There are two studios, two one-bedroom/one-bathroom
junior unit, six one-bedroom/one-bathroom units, one two-bedroom/ one-bathroom unit, one two-bedroom/one and one half bath
unit, one three-bedroom/ two-bathroom unit, and a larger three-bedroom/two-bathroom unit with private entrance, central a/c,
hardwood floors, and private laundry. All unit interiors feature modern appliances, ceramic and travertine tiles, custom closets and
sleek design. Furthermore, the building is master metered for gas and individually metered for electricity. In the heart of Sherman
Oaks, 13503 Rye Street is within immediate proximity to dozens of shops, eateries, and galleries on the historic Ventura Boulevard. Also within a short distance is the Sherman Oaks Galleria, an icon in San Fernando Valley history that has evolved into a hot spot of
award-winning restaurants and a unique collection of design and home furnishing stores. The District’s notable amenities include
Arclight Cinemas, Burke Williams, 24 Hour Fitness SuperSport, and much more.opportunity.
- Listed by Reza Ghobadi • DRE #01780045 • Brokerage DRE #01780045 • Reza Ghobadi
Property Details for 13506 Rye Street
Property Details for 13506 Rye Street
| Status | Closed |
|---|---|
| MLS # | SR18190769 |
| Days on Market | 10 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1959 |
| Lot Size | 0.30 AC / 13,107 SF |
| County | Los Angeles County |
Location
Sold By Kam Realty Enterprises, Aron Kelman, DRE #00682382
Building Information for 13506 Rye Street
Payment Calculator
$27,552 per month
30 year fixed, 6.36% Interest
$22,424
$5,128
$0
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1Property Information for 13506 Rye Street
- Gross Income: $307,346
- Gross Scheduled Income: $305,040
- Vacancy Allowance: 6101
- Net Operating Income: $196,222
- Laundry Income: $2,306
- Gross Multiplier: 15.0
- Cap Rate: 4.29
- Financing: Cash, Cash To New Loan
- Operating Expense: $105,023
- New Taxes Expense: $57,188
- Gardener Expense: $2,400
- Fuel Expense: $3,706
- Licenses Expense: $3,396
- Pest Control Expense: $720
- Electric Expense: $1,900
- Insurance Expense: $6,359
- Maintenance Expense: $10,500
- Professional Management Expense: $9,037
- Trash Expense: $2,800
- Water Sewer Expense: $7,017
- Total Expenses: $105,023
- Tax Tract Number: 19163
- Tax Census Tract: 1411.01
- Tax Lot: 5,6
- Community Features: Sidewalks
- Laundry: Yes
- Laundry Features: Community
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: Lot 10000-19999 Sqft
- Number Of Units: 14
- Land Lease: No
- Levels: Two
- Water: Meter on Property
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 14
- Open Other Spaces Total: 14
- Parking Garage Spaces: 14
- Unit Type Units Total: 2
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,290
- Unit Type Total Rent: $2,579
- Unit Type Pro Forma: 2790
- Unit Type Type: 1
- Unit Type Units Total: 6
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 6
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,616
- Unit Type Total Rent: $9,694
- Unit Type Pro Forma: 10770
- Unit Type Type: 2
- Unit Type Units Total: 2
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,552
- Unit Type Total Rent: $3,104
- Unit Type Pro Forma: 3390
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,862
- Unit Type Total Rent: $1,862
- Unit Type Pro Forma: 2195
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,079
- Unit Type Total Rent: $2,079
- Unit Type Pro Forma: 2295
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,698
- Unit Type Total Rent: $2,698
- Unit Type Pro Forma: 2795
- Unit Type Type: 6
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $3,404
- Unit Type Total Rent: $3,404
- Unit Type Pro Forma: 3595
- Unit Type Type: 7
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 14
- Number Of Separate Gas Meters: 0
- Number Of Separate Water Meters: 0
Property History for 13506 Rye Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 1, 2023 | Expired CRMLS #SR23162002 | — | |
| Nov 30, 2023 | Expired CLAW #SR23162002MR | $4,600,000 | — |
| Nov 3, 2023 | Withdrawn / Cancelled CRMLS #SR23162002 | — | |
| Nov 3, 2023 | Expired SDMLS #SR23162002 | — | |
| Nov 3, 2023 | Withdrawn / Cancelled SDMLS #SR23162002 | — | |
| Nov 3, 2023 | Withdrawn / Cancelled CLAW #SR23162002MR | — | |
| Aug 29, 2023 | Listed (Active) SDMLS #SR23162002 | $4,600,000 | — |
| Aug 29, 2023 | Listed (Active) CLAW #SR23162002MR | $4,600,000 | — |
| Aug 29, 2023 | Listed (Active) CRMLS #SR23162002 | $4,600,000 | — |
| Aug 12, 2023 | Expired CRMLS #SR23082221 | $4,950,000 | — |
| Aug 11, 2023 | Expired CLAW #SR23082221MR | $4,950,000 | — |
| Aug 11, 2023 | Expired SDMLS #SR23082221 | — | |
| Jun 22, 2023 | Price Change CRMLS #SR23082221 | $4,950,000 | — |
| May 12, 2023 | Listed (Active) SDMLS #SR23082221 | $5,125,000 | — |
| May 12, 2023 | Listed (Active) CLAW #SR23082221MR | $5,125,000 | — |
| May 12, 2023 | Listed (Active) CRMLS #SR23082221 | $5,125,000 | — |
| Oct 26, 2018 | Sold SDMLS #SR18190769 | $4,500,000 | — |
| Oct 26, 2018 | Sold CLAW #SR18190769CN | $4,500,000 | — |
| Oct 26, 2018 | Sold CRMLS #SR18190769 | $4,500,000 | — |
| Aug 28, 2018 | Sold (Public Record) Public Record #633780126 | $4,500,000 | +8.4% / yr |
| Aug 16, 2018 | Pending CRMLS #SR18190769 | — | |
| Aug 16, 2018 | Pending CLAW #SR18190769CN | — | |
| Aug 6, 2018 | Listed (Active) SDMLS #SR18190769 | $4,575,000 | — |
| Aug 6, 2018 | Listed (Active) CLAW #SR18190769CN | $4,575,000 | — |
| Aug 6, 2018 | Withdrawn / Cancelled CRMLS #SR18098910 | $4,825,000 | — |
| Aug 6, 2018 | Listed (Active) CRMLS #SR18190769 | $4,575,000 | — |
| May 8, 2018 | Price Change CRMLS #SR18098910 | $4,895,000 | — |
| Apr 27, 2018 | Listed (Active) CRMLS #SR18098910 | $5,095,000 | — |
| Jun 27, 2013 | Sold CRMLS #12641107 | $2,900,000 | — |
| Jun 27, 2013 | Sold CLAW #12-641107 | $2,900,000 | — |
| Mar 27, 2013 | Sold (Public Record) Public Record #350081658 | $2,900,000 | +16.7% / yr |
| Feb 11, 2013 | Pending CRMLS #12641107 | — | |
| Feb 11, 2013 | Pending CLAW #12-641107 | — | |
| Dec 17, 2012 | Listed (Active) CRMLS #12641107 | $3,000,000 | — |
| Dec 17, 2012 | Listed (Active) CLAW #12-641107 | $3,000,000 | — |
| Oct 12, 2011 | Sold CRMLS #11527949 | $2,275,000 | — |
| Oct 12, 2011 | Sold CLAW #11-527949 | $2,275,000 | — |
| Aug 31, 2011 | Sold (Public Record) Public Record #316817096 | $2,275,000 | — |
| Jul 23, 2011 | Pending CLAW #11-527949 | — | |
| Jul 23, 2011 | Pending CRMLS #11527949 | — | |
| May 16, 2011 | Listed (Active) CLAW #11-527949 | $2,475,000 | — |
| May 16, 2011 | Listed (Active) CRMLS #11527949 | $2,475,000 | — |
| Mar 5, 2009 | Expired CRMLS #08324027 | $2,575,000 | — |
| Dec 31, 2008 | Expired CLAW #08-324027 | $2,575,000 | — |
| Sep 4, 2008 | Listed (Active) CRMLS #08324027 | $2,575,000 | — |
| Sep 4, 2008 | Listed (Active) CLAW #08-324027 | $2,575,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/01/2023 | Expired CRMLS #SR23162002 | — |
| 11/30/2023 | Expired CLAW #SR23162002MR | $4,600,000 |
| 11/03/2023 | Withdrawn / Cancelled CRMLS #SR23162002 | — |
| 11/03/2023 | Expired SDMLS #SR23162002 | — |
| 11/03/2023 | Withdrawn / Cancelled SDMLS #SR23162002 | — |
| 11/03/2023 | Withdrawn / Cancelled CLAW #SR23162002MR | — |
| 08/29/2023 | Listed (Active) SDMLS #SR23162002 | $4,600,000 |
| 08/29/2023 | Listed (Active) CLAW #SR23162002MR | $4,600,000 |
| 08/29/2023 | Listed (Active) CRMLS #SR23162002 | $4,600,000 |
| 08/12/2023 | Expired CRMLS #SR23082221 | $4,950,000 |
| 08/11/2023 | Expired CLAW #SR23082221MR | $4,950,000 |
| 08/11/2023 | Expired SDMLS #SR23082221 | — |
| 06/22/2023 | Price Change CRMLS #SR23082221 | $4,950,000 |
| 05/12/2023 | Listed (Active) SDMLS #SR23082221 | $5,125,000 |
| 05/12/2023 | Listed (Active) CLAW #SR23082221MR | $5,125,000 |
| 05/12/2023 | Listed (Active) CRMLS #SR23082221 | $5,125,000 |
| 10/26/2018 | Sold SDMLS #SR18190769 | $4,500,000 |
| 10/26/2018 | Sold CLAW #SR18190769CN | $4,500,000 |
| 10/26/2018 | Sold CRMLS #SR18190769 | $4,500,000 |
| 08/28/2018 | Sold (Public Record) Public Record #633780126 | $4,500,000 +8.4% / yr |
| 08/16/2018 | Pending CRMLS #SR18190769 | — |
| 08/16/2018 | Pending CLAW #SR18190769CN | — |
| 08/06/2018 | Listed (Active) SDMLS #SR18190769 | $4,575,000 |
| 08/06/2018 | Listed (Active) CLAW #SR18190769CN | $4,575,000 |
| 08/06/2018 | Withdrawn / Cancelled CRMLS #SR18098910 | $4,825,000 |
| 08/06/2018 | Listed (Active) CRMLS #SR18190769 | $4,575,000 |
| 05/08/2018 | Price Change CRMLS #SR18098910 | $4,895,000 |
| 04/27/2018 | Listed (Active) CRMLS #SR18098910 | $5,095,000 |
| 06/27/2013 | Sold CRMLS #12641107 | $2,900,000 |
| 06/27/2013 | Sold CLAW #12-641107 | $2,900,000 |
| 03/27/2013 | Sold (Public Record) Public Record #350081658 | $2,900,000 +16.7% / yr |
| 02/11/2013 | Pending CRMLS #12641107 | — |
| 02/11/2013 | Pending CLAW #12-641107 | — |
| 12/17/2012 | Listed (Active) CRMLS #12641107 | $3,000,000 |
| 12/17/2012 | Listed (Active) CLAW #12-641107 | $3,000,000 |
| 10/12/2011 | Sold CRMLS #11527949 | $2,275,000 |
| 10/12/2011 | Sold CLAW #11-527949 | $2,275,000 |
| 08/31/2011 | Sold (Public Record) Public Record #316817096 | $2,275,000 |
| 07/23/2011 | Pending CLAW #11-527949 | — |
| 07/23/2011 | Pending CRMLS #11527949 | — |
| 05/16/2011 | Listed (Active) CLAW #11-527949 | $2,475,000 |
| 05/16/2011 | Listed (Active) CRMLS #11527949 | $2,475,000 |
| 03/05/2009 | Expired CRMLS #08324027 | $2,575,000 |
| 12/31/2008 | Expired CLAW #08-324027 | $2,575,000 |
| 09/04/2008 | Listed (Active) CRMLS #08324027 | $2,575,000 |
| 09/04/2008 | Listed (Active) CLAW #08-324027 | $2,575,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 13506 Rye Street
Schools near 13506 Rye Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | K to 5 | |||
| Charter - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Dixie Canyon Community Charter School CharterK to 5 | ||
Louis D. Armstrong Middle School Charter6 to 8 | ||
Ulysses S. Grant Senior High School Public9 to 12 | ||
High Tech LA Middle Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Reza Ghobadi, Reza Ghobadi, DRE #01780045
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.