NOT LISTED FOR SALE

16745 Sherman Way van Nuys, CA 91406

Van Nuys Area

Estimated Value: $556,000 - $1,262,972

4 Beds
4 Baths
2,076 Sq Ft
$499/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2019

Last sale price $889,800 $429 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,723 / mo

70 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • 1-Story Property
  • 4 Car Garage
  • Rectangular Lot

About This Home

As of December 2019

Please Do Not Disturb Tenants. Drive by Only. Property has Up~graded Electrical Panel & All Four Units have been Rewired. Roof is about 10 yrs old. Building has Security Cameras with a 30 day Recorder hard Drive. All tenants are long term tenants. Two units have been Fully remodeled, the other two are just updated. This Multifamily investment consists of 4 Units 1 Bedroom +1 bathroom. The property is subject to rent control with tremendous rental upside. Located in a high demand rental location. Excellent opportunity for an Investor/Developer

Last Agent to Sell the Property

Levon Nargizyan

HouseIQ License #01349548 Listed on: 07/09/2019

Co-Listed By

Mohammad Diab

No Firm Affiliation License #01882075

Last Buyer's Agent

Natasha Kuaea

CURB License #02017804

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,000 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,076 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 9155
  • Assessor Parcel Number 2226019005

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $975
  • Gardener Expense $50
  • Insurance Expense $1,750
  • Trash Expense $540
  • Water Sewer Expense $635
  • New Taxes Expense $11,823
  • Operating Expense $15,773
  • Gross Income $4,513
  • Net Operating Income $51,941

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

7,000 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 635.00
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 2226019005
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 428.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 540.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Electric Expense: 975.00
  • Gross Income: 4513.00
  • Gross Scheduled Income: 54161.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 51941.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 2220.00
  • Rent Control: Yes
  • Total Actual Rent: 4513.00
  • Total Expenses: 15773.00

Tax Info

  • New Taxes Expense: 11823.00
  • Tax Census Tract: 1321.02
  • Tax Lot: 11
  • Tax Tract Number: 9155

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2019
Sold by
Bought by
Current Estimated Value
$1,036,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,350
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2018
Sold by
Bought by

Purchase Details

Listed on
Mar 9, 2018
Closed on
Feb 27, 2018
Sold by
Bought by
Seller's Agent
Edwin Escamilla
Kayser Real Estate
List Price
$855,000
Sold Price
$855,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$641,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.37%

Purchase Details

Closed on
Feb 23, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
7.09%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in van Nuys, CA

  • Raymond A. Rodriguez IV Real Estate Agent - Equity Union

    Raymond A. Rodriguez IV

    Equity Union

    (747) 249-5579

    39 Total Sales

    2 in Van Nuys

    $1,350,000 Price Range

    Raymond A. Rodriguez IV
     Section Image
  • Amalia Khachikian Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Amalia Khachikian

    Responds Quickly

    Berkshire Hathaway HomeServices California Properties

    (424) 359-1579

    45 Total Sales

    1 in Van Nuys

    $750,000 Price

    Amalia Khachikian
     Section Image
  • Michael Rescigno Real Estate Agent - Berkshire Hathaway HomeServices California Properties

    Michael Rescigno

    Berkshire Hathaway HomeServices California Properties

    (661) 383-2394

    70 Total Sales

    1 in Van Nuys

    $920,000 Price

    Michael Rescigno
     Section Image
  • Cyndi Lesinski Real Estate Agent - Real Broker

    Cyndi Lesinski

    Real Broker

    (747) 322-4375

    116 Total Sales

    1 in Van Nuys

    $899,000 Price

    Cyndi Lesinski
     Section Image
  • Allan Mann Real Estate Agent - Time Realty Property Management

    Allan Mann

    Time Realty Property Management

    (805) 790-7958

    123 Total Sales

    3 in Van Nuys

    $965K - $1.1M Price Range

    Allan Mann
     Section Image
  • Sophia Kelley Real Estate Agent - Christie's RE SoCal

    Sophia Kelley

    Christie's RE SoCal

    (747) 998-0297

    37 Total Sales

    1 in Van Nuys

    $890,000 Price

    Sophia Kelley
     Section Image
See All Agents

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 Buyer Sale Price Title Company
$890,000 Chicago Title
-- None Available
$855,000 Lawyers Title Vn
-- Accommodation
-- Chicago Title Company
-- Lsi Local Solutions
-- --
$485,000 Old Republic Title Company
-- Old Republic Title Company
-- Old Republic Title Company
$270,000 Old Republic Title Company
-- Fidelity National Title Ins
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 Borrower Loan Amount
Previous Owner $667,350
Previous Owner $641,250
Previous Owner $233,000
Previous Owner $240,000
Previous Owner $360,000
Previous Owner $216,000
Previous Owner $117,600
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 Prior Sale
12/23/2019 12/23/19 Sold $889,800 -5.9% $429 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $945,999 +10.6% $456 / Sq Ft
03/27/2018 03/27/18 Sold $855,000 0.0% $412 / Sq Ft View Prior Sale
02/25/2018 02/25/18 Pending -- -- --
03/12/2017 03/12/17 For Sale $855,000 -- $412 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,178 $973,122 $389,336 $583,786
2024 $12,024 $954,042 $381,702 $572,340
2023 $11,796 $935,336 $374,218 $561,118
2022 $11,259 $916,997 $366,881 $550,116
2021 $11,121 $899,018 $359,688 $539,330
2020 $11,231 $890,360 $356,000 $534,360
2019 $10,793 $872,660 $346,800 $525,860
2018 $7,679 $606,588 $224,917 $381,671
2016 $7,338 $582,497 $216,184 $366,313
2015 $7,235 $573,748 $212,937 $360,811
2014 $7,282 $562,510 $208,766 $353,744
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Levon Nargizyan

    HouseIQ

    (818) 786-5511

    8 Total Sales

    Levon Nargizyan
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Mohammad Diab

    No Firm Affiliation

  • N

    Buyer's Agent in 2019

    Natasha Kuaea

    CURB

    Section Image

  • E

    Seller's Agent in 2018

    Edwin Escamilla

    Kayser Real Estate

  • O

    Seller Co-Listing Agent in 2018

    Oralia Nunez

    Kayser Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19162222

California Regional Multiple Listing Service (CRMLS)

APN: 2226-019-005

California Los Angeles County Van Nuys 91406

16745 Sherman Way, Van Nuys, CA

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.