Seller's Agent in 2021
Shawn Khakwani
Rafael Renderos, Broker
(310) 938-7395
1 in this area
23 Total Sales
18738 Sherman Way Reseda, CA 91335
Estimated Value: $1,788,130
0.25
Acre
$7,198,591
Price per Acre
10,822
Sq Ft Lot
About This Lot
As of December 2021Huge corner lot in an excellent location on a major street with tons of traffic driving by daily. Large eye-catching billboard. Two entrances from Sherman way and Rhea Ave. Phase 1 Environmental complete with no issues found! Great opportunity for many uses due to location and zoning. We have confirmed with city planning, land can be used for multifamily purposes as well. Surrounded by major franchises and new developments. The new roof and interior were renovated in recent years. Buyer to verify any information.
Last Agent to Sell the Property
Rafael Renderos, Broker License #02031958 Listed on: 01/07/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $20,764
Lot Details
- 10,822 Sq Ft Lot
- Corner Lot
- Density is up to 1 Unit/Acre
- Property is zoned LAC2
Location
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2126003005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 21, 2021
Sold by
Khakwani Abdul Aziz and Khakwani Anita
Bought by
Brc Sherman Way Llc
Total Days on Market
249
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
2.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 16, 2018
Sold by
Khakwani Abdul Aziz and Khakwani Anita
Bought by
Khakwani Abdul Aziz and Khakwani Anita
Purchase Details
Closed on
Jul 28, 1998
Sold by
Cavazos Antonio N and Nassar Pedro Dekeratry
Bought by
Khakwani Abdul Aziz and Khakwani Anita Aziz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.9%
Mortgage Type
Commercial
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brc Sherman Way Llc | $1,600,000 | Chicago Title Company | |
| Khakwani Abdul Aziz | -- | None Available | |
| Khakwani Abdul Aziz | $200,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Brc Sherman Way Llc | $1,360,000 | |
| Previous Owner | Khakwani Abdul Aziz | $363,750 | |
| Previous Owner | Khakwani Abdul Aziz | $550,000 | |
| Previous Owner | Khakwani Abdul Aziz | $200,000 | |
| Previous Owner | Khakwani Abdul Aziz | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2021 12/23/21 | Sold | $1,600,000 | -3.0% | -- |
| 08/17/2021 08/17/21 | Price Changed | $1,650,000 | 0.0% | -- |
| 08/17/2021 08/17/21 | For Sale | $1,650,000 | +3.1% | -- |
| 08/17/2021 08/17/21 | Off Market | $1,600,000 | -- | -- |
| 01/15/2021 01/15/21 | For Sale | $1,999,999 | +25.0% | -- |
| 01/15/2021 01/15/21 | Off Market | $1,600,000 | -- | -- |
| 01/07/2021 01/07/21 | For Sale | $1,999,999 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $20,764 | $1,664,640 | $1,560,600 | $104,040 |
| 2023 | $20,368 | $1,632,000 | $1,530,000 | $102,000 |
| 2022 | $19,436 | $1,600,000 | $1,500,000 | $100,000 |
| 2021 | $4,177 | $289,650 | $144,825 | $144,825 |
| 2019 | $4,070 | $281,060 | $140,530 | $140,530 |
| 2018 | $3,809 | $275,550 | $137,775 | $137,775 |
| 2016 | $3,638 | $264,852 | $132,426 | $132,426 |
| 2015 | $3,591 | $260,874 | $130,437 | $130,437 |
| 2014 | $3,615 | $255,764 | $127,882 | $127,882 |
Source: Public Records
Agents Affiliated with this Home
-
Shawn Khakwani
-
Linda Brown
Buyer's Agent in 2021
Linda Brown
Linda D. Brown
(818) 222-5649
1 in this area
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV21003554
APN: 2126-003-005
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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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