NOT LISTED FOR SALE

13800 Sherman Way van Nuys, CA 91405

Van Nuys Neighborhood
3 Beds
1 Bath
14,071 Sq Ft
0.25 Acres

Last Sold July 15, 2016

Last sale price $3,035,000 $216 Per Sq Ft

53 Days on Market

About This Home

As of July 2016

Recently Increased Rents. Significant upside remains. Non-Rent Controlled building on clean stretch of Sherman Way. Email listing broker for rent roll and expenses. The units are all electric and separately metered. Central A/C one year old water heater. DO NOT GO ONTO PROPERTY. INSPECTION UPON ACCEPTED RIPA PSA.

Last Agent to Sell the Property

Greg Marderian

AOA Commercial Brkrge License #00661078 Listed on: 03/14/2016

Last Buyer's Agent

Greg Marderian

AOA Commercial Brkrge License #00661078 Listed on: 03/14/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 14,071 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 16808
  • Assessor Parcel Number 2216032005

Community Details

Overview

  • 16 Units

Building Details

  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,871
  • Professional Management Expense $3,600
  • Trash Expense $1,665
  • Water Sewer Expense $14,490
  • New Taxes Expense $38,340
  • Gross Income $17,145
  • Net Operating Income $36,952

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Water Sewer Expenses: 14490.00
  • Property Type: Residential Income
  • Parcel Number: 2216032005
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 215.69

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1665.00

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11051.00
  • Price Per Lot Square Foot: 274.64
  • Lot Size Acres: 0.2540

Multi Family

  • Gross Income: 17145.00
  • Gross Scheduled Income: 205740.00
  • Insurance Expense: 4871.00
  • Lot Size Area: 11051.0000 Square Feet
  • Net Operating Income: 36952.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 68310.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 38340.00
  • Tax Lot: 6
  • Tax Tract Number: 16808

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2024 09/07/24 For Rent $1,695 0.0% --
07/15/2016 07/15/16 Sold $3,035,000 -5.0% $216 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $3,195,000 -- $227 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Greg Marderian

    Seller's Agent in 2016

    Greg Marderian

    AOA Commercial Brkrge

    (818) 235-1133

    3 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16054843

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Van Nuys 91405 Van Nuys

13800 Sherman Way, Van Nuys, CA

This home is located at 13800 Sherman Way, van Nuys, CA 91405 since 14 March 2016. This property was built in 1978. 13800 Sherman Way is a home located in Los Angeles County with nearby schools including Hazeltine Avenue Elementary, James Madison Middle, and Van Nuys High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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