13926 Sherman Way

Van Nuys, CA 91405

$1,279,000
Price
6
Beds
4
Baths
2,767 Sq. Ft.
$462 / Sq. Ft.
2,767
Sq. Ft.
$462
per Sq. Ft.

Description

Incredible investment opportunity. This Four Unit building is situated in heart of Van Nuys with many upgrades. The unit mix consists of Two 2 bdr/1 bth and Two 1 bdr/1 bth units. Most units were renovated within the last several years. Upgrades within the units include such items as flooring, windows, kitchen, and bathrooms. There has been a recent electrical upgrade made to the building as well. This building also has a three car detached garage. The property is also within close vicinity of restaurants,...Incredible investment opportunity. This Four Unit building is situated in heart of Van Nuys with many upgrades. The unit mix consists of Two 2 bdr/1 bth and Two 1 bdr/1 bth units. Most units were renovated within the last several years. Upgrades within the units include such items as flooring, windows, kitchen, and bathrooms. There has been a recent electrical upgrade made to the building as well. This building also has a three car detached garage. The property is also within close vicinity of restaurants, and transportation. Don't let this great opportunity pass you by! Please drive by only. Do not disturb occupants.
  1. Listed by Aram Yeghiazarian • DRE #00973296 • Brokerage DRE #01079007 • Coldwell Banker Hallmark • 818-468-1955

Property Details for 13926 Sherman Way

Parking Spaces Total
3
Private Pool
No
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
2+ Common Walls
New Construction
No
Average Studio Area Units
Square Feet

Location

Listing Courtesy of Coldwell Banker Hallmark, Aram Yeghiazarian, DRE #00973296
Add your commute
LISTING UPDATED: 04/17/2024 07:21 AM

Property Details for 13926 Sherman Way

StatusActive
MLS #GD24041883
Days on Market62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.16 AC / 6,764 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Hallmark, Aram Yeghiazarian, DRE #00973296
Add your commute

Building Information for 13926 Sherman Way

Stories2Residences-Year Built1948Building Size-Lot Size0.16 AC / 6,764 SF

Payment Calculator

$8,059 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,980

Property Taxes

$1,079

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13926 Sherman Way

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $65,516
  • Gross Scheduled Income: $65,516
  • Net Operating Income: $58,979
Expense Details
  • Operating Expense: $6,964
  • Gardener Expense: $720
  • Fuel Expense: $0
  • Licenses Expense: $427
  • Electric Expense: $0
  • Insurance Expense: $1,713
  • Trash Expense: $0
  • Water Sewer Expense: $4,104
  • Total Expenses: $6,964
Tax / Assessment Info
  • Tax Tract Number: 1000
  • Tax Census Tract: 1279.20
  • CFD/Mello-Roos Fee: $587
  • Tax Lot: 226
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Kitchen
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Walkstreet, Yard
  • Land Lease: No
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
Unit Information
Unit 1
  • 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: $1,575
  • Unit Type Total Rent: $1,575
  • Unit Type Pro Forma: 2000
  • 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: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,541
  • Unit Type Total Rent: $1,541
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,208
  • Unit Type Total Rent: $1,208
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,136
  • Unit Type Total Rent: $1,136
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 13926 Sherman Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 13926 Sherman Way

Taxable ValueLand$613,836Additions$416,540Total$1,030,376
Tax Record2023$12,946 ($1,079 / month)
Home Facts
Total Finished SqFt2,767 SqFtAbove Grade Finished SqFt2,767 SqFtLot Size6,762 SqFtStyleQuadraplexYear Built1948ZoningLAR3CountyLOS ANGELESAPN2216-006-016

Schools near 13926 Sherman Way

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Hazeltine Avenue Elementary School
PublicK to 5

James Madison Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Valley Charter Middle School
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.

Similar Homes

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13926 Sherman Way is a multi-family home for sale in Van Nuys, CA 91405. This property was listed for sale on February 29, 2024 by Coldwell Banker Hallmark, it's currently listed at $1,279,000. It has been on the market for a total of 62 days and was last sold on March 27, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Hazeltine Avenue Elementary School, James Madison Middle School and Van Nuys Senior High School. 13926 Sherman Way is a 6-bed, 4-bath, 2,767 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Hallmark, Aram Yeghiazarian, DRE #00973296

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.