6921 Sherman Way

8
Baths
6,076 Sq. Ft.
$272 / Sq. Ft.
6,076
Sq. Ft.
$272
per Sq. Ft.

Description

An opportunity to own 6 units with separate meters, INCLUDING SEPARATE WATER METERS. This is rare and ideal for the next time there are water restrictions as the tenants will be responsible for their own conservation efforts. Plus, keeps the owner's utility expenses low! Property includes a newer 4-plex, built in 1989, plus two detached single family homes. They are an attractive unit mix of 5- Two bedroom units and 1 - Three bedroom unit. The SFRs are in the front and back of this large lot of over...An opportunity to own 6 units with separate meters, INCLUDING SEPARATE WATER METERS. This is rare and ideal for the next time there are water restrictions as the tenants will be responsible for their own conservation efforts. Plus, keeps the owner's utility expenses low! Property includes a newer 4-plex, built in 1989, plus two detached single family homes. They are an attractive unit mix of 5- Two bedroom units and 1 - Three bedroom unit. The SFRs are in the front and back of this large lot of over 16,000 Sq. Ft. Property has abundant parking with 5 two car garages and 12 open spaces. The buildings were tented and fumigated about 4 years ago. The front house is a 3/2 but is being used as a nonconforming duplex. The laundry and adjacent storage room have the possibility of being converted into an ADU, Buyer to check with City for possibilities. Residents love the proximity to shopping, public transportation and freeways.
  1. Listed by Richard Bell • DRE #01344469 • Brokerage DRE #01930317 • Bell Realty Group • 714-309-3549

Property Details for 6921 Sherman Way

View
None
Parking Spaces Total
22
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6076
Assessor Parcel Number
6327-016-024
LISTING UPDATED: 04/16/2026 04:51 AM

Property Details for 6921 Sherman Way

StatusActive Under Contract
MLS #PW26060348
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1989
CountyLos Angeles County

Location

Listing Courtesy of Bell Realty Group, Richard Bell, DRE #01344469
Add your commute

Building Information for 6921 Sherman Way

Building/Complex6921 Sherman WayFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1989Building Size-

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$9,310 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,222

Property Taxes

$1,088

HOA Dues

$0

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Property Information for 6921 Sherman Way

Rental Info
Rental Info
  • Tenant Pays: Gas, Repairs, Water, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $128,640
  • Gross Scheduled Income: $128,640
  • Gross Spendable Income: $128,640
  • Vacancy Allowance: 3859
  • Gross Operating Income: $124,781
  • Net Operating Income: $77,184
  • Gross Multiplier: 12.8
  • Cap Rate: 4.7
Expense Details
  • Operating Expense: $47,597
  • New Taxes Expense: $21,760
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Licenses Expense: $537
  • Electric Expense: $1,000
  • Insurance Expense: $7,000
  • Maintenance Expense: $4,000
  • Professional Management Expense: $2,400
  • Other Expense: $5,200
  • Other Expense Description: Cap res.
  • Trash Expense: $3,500
  • Water Sewer Expense: $1,000
  • Total Expenses: $47,597
Tax / Assessment Info
  • Tax Rate: 1.5
  • Tax Tract Number: 4056
  • CFD/Mello-Roos Fee: $3,611
  • Tax Lot: 25
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Entry Location: both
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 10
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 12
  • Open Other Spaces Total: 12
  • Parking Garage Spaces: 10
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,490
  • Unit Type Total Rent: $2,490
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,620
  • Unit Type Total Rent: $1,620
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,770
  • Unit Type Total Rent: $1,770
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,620
  • Unit Type Total Rent: $1,620
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,520
  • Unit Type Total Rent: $1,520
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7
  • Number With Range: 6
  • Number With Refrigerator: 6

Property History for 6921 Sherman Way

DateEvent & SourcePriceAppreciation
Apr 15, 2026

Accepting Backup Offers

CLAW #PW26060348MR

—
Apr 15, 2026

Accepting Backup Offers

CRMLS #PW26060348

—
Apr 15, 2026

Accepting Backup Offers

SDMLS #PW26060348

—
DateEvent & SourcePrice
04/15/2026

Accepting Backup Offers

CLAW #PW26060348MR

—
04/15/2026

Accepting Backup Offers

CRMLS #PW26060348

—
04/15/2026

Accepting Backup Offers

SDMLS #PW26060348

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 6921 Sherman Way

Taxable ValueLand$109,504Additions$541,439Total$650,943
Tax Record2025$13,057 ($1,088 / month)
Home Facts
Total Finished SqFt6,076 SqFtAbove Grade Finished SqFt6,076 SqFtLot Size16,194 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningBLR3YYCountyLOS ANGELESAPN6327-016-024

Schools near 6921 Sherman Way

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Elizabeth Learning Center
PublicK to 12

Bell Senior High School
Public9 to 12

Maywood Academy High
Public9 to 12

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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Listing Courtesy of Bell Realty Group, Richard Bell, DRE #01344469

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.