13810 Sherman Way Van Nuys, CA 91405
Estimated payment $7,817/month
Highlights
- No Units Above
- No HOA
- 8 Car Garage
- Van Nuys High School Rated A
- Laundry Room
- Bike Trail
About This Home
This well-maintained four-unit multi-family building is situated in the heart of the San Fernando Valley. Built in 1948, this residential income property spans approximately 2,756 sq. ft. on a 7,527 sq. ft. lot. It comprises three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering significant rental upside potential. Recent Upgrades to the building include newer paint, roof, windows, and driveway. Each unit is individually metered for gas and electricity and features its own water heater. There is on-site garage parking available for each unit, totaling eight spaces. Located in East Van Nuys, the property benefits from its proximity to essential amenities and transportation options. It is within walking distance to grocery stores, restaurants, and public transit lines, enhancing its appeal to its tenants. Sherman Way, a major east-west thoroughfare, runs through Van Nuys and offers convenient access to various parts of the city. Ralphs Supermarket and Norms Restaurant are just half a block away, offering convenient shopping and dining options. This property presents a compelling opportunity for investors seeking a well-located, income-generating asset with potential for rental growth in a vibrant and accessible neighborhood.
Listing Agent
Coldwell Banker Res. Brokerage Brokerage Phone: 949-702-0267 License #01988835 Listed on: 05/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,465
Year Built
- Built in 1948
Lot Details
- 7,530 Sq Ft Lot
- No Units Above
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 8 Car Garage
- Parking Available
- Side Facing Garage
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,756 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 225
- Tax Tract Number 1000
- Assessor Parcel Number 2216032014
- $581 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,465 | $1,350,480 | $809,880 | $540,600 |
| 2024 | $16,465 | $1,324,000 | $794,000 | $530,000 |
| 2023 | $11,812 | $936,360 | $561,816 | $374,544 |
| 2022 | $11,274 | $918,000 | $550,800 | $367,200 |
| 2021 | $11,130 | $900,000 | $540,000 | $360,000 |
| 2020 | $12,202 | $971,004 | $742,845 | $228,159 |
| 2019 | $11,728 | $951,966 | $728,280 | $223,686 |
| 2018 | $11,564 | $933,300 | $714,000 | $219,300 |
| 2016 | $9,252 | $753,315 | $345,185 | $408,130 |
| 2015 | $9,118 | $742,000 | $340,000 | $402,000 |
| 2014 | $9,354 | $735,760 | $412,472 | $323,288 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/20/2025 05/20/25 | For Sale | $1,229,000 | +36.6% | $446 / Sq Ft | |
| 09/08/2020 09/08/20 | Sold | $900,000 | -9.5% | $327 / Sq Ft | View Prior Sale |
| 07/17/2020 07/17/20 | Pending | -- | -- | -- | |
| 05/14/2020 05/14/20 | Price Changed | $995,000 | -9.1% | $361 / Sq Ft | |
| 05/14/2020 05/14/20 | For Sale | $1,095,000 | 0.0% | $397 / Sq Ft | |
| 03/30/2020 03/30/20 | Pending | -- | -- | -- | |
| 03/20/2020 03/20/20 | For Sale | $1,095,000 | +19.7% | $397 / Sq Ft | |
| 04/28/2017 04/28/17 | Sold | $915,000 | -4.2% | $332 / Sq Ft | View Prior Sale |
| 03/29/2017 03/29/17 | Pending | -- | -- | -- | |
| 09/12/2016 09/12/16 | For Sale | $955,000 | 0.0% | $347 / Sq Ft | |
| 09/12/2016 09/12/16 | Price Changed | $955,000 | +4.4% | $347 / Sq Ft | |
| 08/26/2016 08/26/16 | Off Market | $915,000 | -- | -- | |
| 07/25/2016 07/25/16 | For Sale | $959,000 | +29.2% | $348 / Sq Ft | |
| 12/22/2014 12/22/14 | Sold | $742,000 | 0.0% | $269 / Sq Ft | View Prior Sale |
| 12/10/2014 12/10/14 | Pending | -- | -- | -- | |
| 11/17/2014 11/17/14 | For Sale | $742,000 | -- | $269 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Listed On Document | |
| Grant Deed | $900,000 | Fidelity National Title | |
| Grant Deed | $915,000 | Chicago Title Company | |
| Grant Deed | $742,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Comp | |
| Grant Deed | $660,000 | Fidelity National Title Comp | |
| Grant Deed | $196,000 | Commonwealth Land Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $883,698 | FHA | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $500,000 | Negative Amortization | |
| Previous Owner | $176,400 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25110401
APN: 2216-032-014
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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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