$2,298,888

Estimated payment $14,205/month

Total Views 547
13 Beds
13 Baths
8,957 Sq Ft
$257 Price per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Van Nuys High School Rated A

About This Home

This well-maintained 9-unit apartment building in Sherman Oaks features a desirable unit mix consisting of (4) 2 bed/2 bath unit, (5) 1 bed/1 bath unit, situated on an 8,749 sq ft lot, the property offers approximately 8,957 rentable square feet. The unit mix supports stable, long-term tenancy and helps minimize turnover. The property is fully occupied with all units currently leased. Extensive upgrades have been completed throughout the property granite and sizar stone counter tops, stainless still appliance, including exterior improvements and painting, and fully renovated interiors. Conveniently located near the 405, 101, and 170 freeways, the property provides excellent accessibility. It is next to Citi Hall Court House Federal Buildings and just minutes from Ventura Boulevard, offering a wide variety of dining, shopping, and entertainment options, as well as nearby public transportation with easy access to Encino, Woodland Hills, North Hollywood, Burbank, Hollywood, and Downtown Los Angeles.

Listing Agent

Sarkis Kalinyan

Coldwell Banker Hallmark Realty Brokerage Phone: 818-402-3593 License #01294788 Listed on: 06/02/2026

Coldwell Banker Hallmark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,783 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 13 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 8,957 Sq Ft Home
  • 3-Story Property
  • Dining Room with Fireplace
  • Laundry in unit

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Legal Lot and Block 9 / 6
  • Tax Tract Number 1200
  • Assessor Parcel Number 2240017007
  • $1,980 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $7,200
  • Fuel Expense $240
  • Gardener Expense $2,040
  • Insurance Expense $10,000
  • Maintenance Expense $1,500
  • Other Expense $20,000
  • Professional Management Expense $1
  • Trash Expense $2,040
  • Water Sewer Expense $7,200
  • Operating Expense $40,470
  • Gross Income $10,800
  • Net Operating Income $168,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

8,783 Sq Ft Lot

Parking

13

Listing Details

  • CapRate: 7.30
  • Professional Management Expense: 1.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 7200.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2040.00
  • Parcel Number: 2240017007
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Laminate
  • Entry Level: 1
  • Fireplace Features: Dining Room
  • Price Per Square Foot: 256.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 13.00
  • Total Parking Spaces: 13.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2040.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley, Curbs, Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8783.00
  • Lot Size Acres: 0.2016

Rental Info

  • Garage Rental Rate: 300.00

Multi Family

  • Electric Expense: 7200.00
  • Fuel Expense: 240.00
  • Garage Income: 10800.00
  • Gross Income: 10800.00
  • Gross Multiplier: 11.90
  • Gross Scheduled Income: 209604.00
  • Insurance Expense: 10000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 3000.00
  • Lot Size Area: 8783.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 168740.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 40740.00
  • Other Expense: 20000.00
  • Other Expense Description: Propery
  • Rent Control: Yes
  • Total Expenses: 40470.00

Tax Info

  • Tax Area: Los Nge
  • Tax Block: 6
  • Tax Lot: 9
  • Tax Tract Number: 1200
  • TaxOtherAnnualAssessmentAmount: 1980.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,580 $1,604,565 $458,617 $1,145,948
2024 $20,281 $1,573,104 $449,625 $1,123,479
2023 $19,906 $1,542,259 $440,809 $1,101,450
2022 $19,067 $1,512,019 $432,166 $1,079,853
2021 $18,747 $1,482,373 $423,693 $1,058,680
2019 $18,208 $1,438,407 $411,127 $1,027,280
2018 $18,021 $1,410,204 $403,066 $1,007,138
2017 $17,600 $1,382,554 $395,163 $987,391
2016 $17,126 $1,355,446 $387,415 $968,031
2015 $16,886 $1,335,087 $381,596 $953,491
2014 $10,728 $795,117 $228,535 $566,582
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2026 06/02/26 For Sale $2,298,888 -- $257 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- United Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $750,000 Construction
Closed $40,000 Construction
Closed $600,000 New Conventional
Closed $485,000 Construction
Closed $350,000 New Conventional
Closed $200,000 New Conventional
Closed $50,000 Commercial
Closed $100,000 No Value Available
Closed $100,000 Unknown
Closed $23,000 Commercial
Closed $1,000,000 Negative Amortization
Closed $150,000 Commercial
Closed $750,000 Future Advance Clause Open End Mortgage
Previous Owner $300,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB26108071

California Regional Multiple Listing Service (CRMLS)
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