$2,000,000

19103 Sherman Way Los Angeles, CA 91335

Estimated payment $12,656/month

Total Views 3,399
9 Beds
10 Baths
8,398 Sq Ft
$238 Price per Sq Ft

About This Home

Situated at the highly visible corner of Sherman Way and Vanalden Avenue, the property allows tenants convenient access to the revitalized Warner Center and Woodland Hills neighborhoods, including several new and proposed development projects. The new Topanga Village and recently opened Topanga Social are a short drive southwest of the building. The entitled Promenade 2035 mixed-use campus, which could span 35 acres and may include a new sports and entertainment complex for the Los Angeles Rams to use as a practice facility, in addition to 280,000 square feet of restaurant and retail offerings, hotels, offices, and residential units, could be developed nearby via a $1.5 billion infusion of capital into the local area. The subject property features full copper plumbing, while the new roof was installed in 2021. That same year, all required seismic retrofit repairs were also completed (Buyer to verify), allowing a new owner to benefit from significantly reduced deferred maintenance expenses. A new investor can add substantial value to the asset and also improve cash flow dramatically by recapturing the approximate 49% in rent upside. In addition to this rent upside, there are three units that are currently non-conforming, producing an extra $3,044 in monthly revenue. Yet another income stream is provided by the on-site laundry facilities at the property.

Listing Agent

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 06/16/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 7,214 Sq Ft Lot
  • Lot Dimensions are 50x146

Interior Spaces

  • 8,398 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 10 Bathrooms

Parking

  • 10 Parking Spaces
  • Assigned Parking

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 2104-032-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 8398
  • Lot Acreage: 0.1657
  • Lot Dimensions: 50x146
  • Stories: 2
  • Year Built: 1968
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 238.15

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 10

Lot Info

  • Assessed Improvement Percent: 64.52
  • Assessed Improvement Value: 679872
  • Assessed Land Percent: 35.48
  • Assessed Land Value: 373921
  • Total Assessed Value: 1053793
  • Assessor Parcel Number: 2104-032-001
  • Lot Size Area: 7214

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.74
  • Number Of Units: 10
  • Total Annual Expense: 71332
  • Type Of Units: Residential
  • Vacancy Rate: 0

Map

Range of Values:

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

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
06/16/2025 06/16/25 For Sale $2,000,000 -- $238 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25553143

The MLS