13926 Sherman Way, Van Nuys, CA 91405
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13926 Sherman Way Van Nuys, CA 91405

$1,279,000
  • 6 Beds
  • 4 Baths
  • 2,767 Sq.Ft.
For Sale
$1,279,000 Get Pre-Qualified

Map preview of 13926 Sherman Way, Van Nuys, CA 91405

Property Overview: 13926 Sherman Way Van Nuys, CA has 6 bedrooms, 4 bathrooms, 2,767 living square feet and 6,764 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Aram Yeghiazarian | BRE #00973296 | Coldwell Banker Hallmark
Last checked: 5 minutes ago | Last updated: April 17th, 2024 | Source CRMLS | DOM: 73
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Home details

Lot Sq. Ft
6,764
HOA Dues
$0/mo
Year built
1948
Garage
3 Car
Property Type:
Fourplex
Status
Active
MLS#
GD24041883
City
Van Nuys
County
Los Angeles
Time on Site
80 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,575
  • Total Rent: $1,575
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,541
  • Total Rent: $1,541
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,208
  • Total Rent: $1,208
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,136
  • Total Rent: $1,136
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $65,516
  • Net Operating Income: $58,979
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,964
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $427
  • Trash: $0
  • Gardener: $720
  • Insurance: $1,713
  • Water/Sewer: $4,104

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Property Details for 13926 Sherman Way

Interior Features
Laundry Information
  • Has Laundry
  • In Kitchen
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Front Yard, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 2216006016
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Traveling West bound on Sherman Way, the property is on the left side between Hazeltine & Ranchito Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 13926 Sherman Way

Last sold for $990,000 on April 28th, 2021
  • February, 2024

  • Feb 29, 2024

    Date

    Active

    CRMLS: GD24041883

    $1,299,000

    Price

  • April, 2021

  • Apr 28, 2021

    Date

    Sold

    CRMLS: 21707490

    $990,000

    Price

  • Mar 26, 2021

    Date

    Active Under Contract

    CRMLS: 21707490

    $950,000

    Price

  • Mar 19, 2021

    Date

    Active

    CRMLS: 21707490

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible Four Units in heart of Van Nuys. Two 2 bdr/1 bth and Two 1 bdr/1 bth. All 4 units were renovated by previous and current owners with spending over $225,000 for all the upgrades. The floor, windows, kitchen, bathroom and landscape. electric has been fully rewired all around the property. Each unit has Newer HVAC and W/H, W/D hookups. There is a detached 3 car garage with automated garage doors.

  • October, 2016

  • Oct 6, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2016

  • Oct 5, 2016

    Date

    Sold (Public Records)

    Public Records

    $860,000

    Price

Show More

Tax History for 13926 Sherman Way

Assessed Value (2020): $913,018
Year Land Value Improved Value Assessed Value
2020 $546,522 $366,496 $913,018

Home Value Compared to the Market

This property vs the competition

13926 Sherman Way is listed 45.51% higher than the median list price for the city of Van Nuys which has a median list price of $879,000. The median price per/sqft for Van Nuys is $566 and this home is listed at $462.23 per/sqft which puts the price per square foot 18.33% lower than the median price per square foot for the city of Van Nuys.

About 13926 Sherman Way

Detailed summary of property

13926 Sherman Way is a fourplex located in Van Nuys, CA 91405 and is currently for sale. This fourplex offers 6 bedrooms, 4 bathrooms, roughly 2,767 living square feet, and sits on an approximately 6,764 square foot lot. 13926 Sherman Way was first listed on ArdentRealEstateGroup.com on March 1, 2024. The homeowner is currently asking $1,279,000 and was originally asking $1,299,000. The median priced home in Van Nuys is $879,000 with a median price per square foot of $566. Based on Ardent Real Estate Group's Van Nuys Market Data, this home is listed 45.51% higher than the median priced home. Local competing homes currently for sale include 6091 Harold Way, 5851 La Mirada Ave and 2026 Federal Ave. While the average home in Van Nuys, CA is selling in 59 days, 13926 Sherman Way has a days on market of 73 days. There are currently 102 homes for sale in the Van Nuys real estate market and 76 of them are single family homes while 18 of them are condos and 8 are townhomes. For more information on this home for sale at 13926 Sherman Way Van Nuys, CA 91405 contact Ardent Real Estate Group and we will put you in touch with one of our Van Nuys agents.

Public Facts for 13926 Sherman Way

Public county record property details
Beds
6
Baths
4
Year built
1948
Sq. Ft.
2,767
Lot Size
6,761
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
226
APN
2216-006-016

The source for these homes facts are from public records.

91405 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$523
Median Sold Price
$820,000
Median Sold Price/Sq.Ft.
$491
Total Inventory
33
Median Sale to List Price %
102.63%
Avg Days on Market
17
Loan Type
Conventional (25%), FHA (8.33%), VA (0%), Cash (0%), Other (16.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.