19103 Sherman Way Los Angeles, CA 91335
Estimated payment $12,656/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: 25553143

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