5919 Cedros Ave Van Nuys, CA 91411
Van Nuys AreaEstimated payment $6,499/month
About This Home
Exceptional duplex opportunity in desirable North Sherman Oaks within sought-after Kester Elementary School District, offering a well-maintained 2-unit property on a large lot with potential long-term upside. Located on a pleasant tree-lined street surrounded by small income properties and single-family homes, this property presents multiple possible paths for an investor or developer. The lot may offer development potential under SB 79 Tier 2 for a possible 3-story, mixed-income project of up to 11 units, or potential ADU and Jr. ADU options; buyer to independently verify all zoning, unit count, development feasibility, permits, and requirements with the City. Each unit features 2 Bedrooms and 1 Bathroom and was fully remodeled inside in 2013 with updated kitchens, cabinetry, countertops, appliances, bathrooms, refinished wood floors, new vinyl flooring in the kitchen, bath, and laundry areas, plus newer windows throughout. Both units also include central air and heat, and the composition roof has been recently replaced in 2024. The property offers a detached 2-car garage assigned to one unit, additional exterior parking, and a spacious rear yard area with parking flexibility. The front unit enjoys a beautifully landscaped private yard with mature hedges. Both units are currently rented and offer an excellent opportunity to acquire a clean income property with immediate rental income and future development potential in a strong Sherman Oaks location.
Listing Agent
Berkshire Hathaway HomeServices California Properties Brokerage Phone: 818-392-5200 License #01328908 Listed on: 07/21/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 6,808 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,835 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 101
- Tax Tract Number 21677
- Assessor Parcel Number 2244009015
Community Details
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Gardener Expense $960
- Insurance Expense $1,300
- Water Sewer Expense $3,000
- Operating Expense $5,490
- Gross Income $54,600
- Net Operating Income $49,110
Additional Features
- 2 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,962 | $974,187 | $584,513 | $389,674 |
| 2024 | $11,829 | $955,086 | $573,052 | $382,034 |
| 2023 | $11,602 | $936,360 | $561,816 | $374,544 |
| 2022 | $11,064 | $918,000 | $550,800 | $367,200 |
| 2021 | $6,367 | $511,935 | $386,798 | $125,137 |
| 2020 | $6,428 | $506,686 | $382,832 | $123,854 |
| 2019 | $6,181 | $496,752 | $375,326 | $121,426 |
| 2018 | $6,031 | $487,013 | $367,967 | $119,046 |
| 2016 | $5,754 | $468,103 | $353,679 | $114,424 |
| 2015 | $5,671 | $461,073 | $348,367 | $112,706 |
| 2014 | $5,700 | $452,042 | $341,543 | $110,499 |
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 |
|---|---|---|---|---|---|
| 07/21/2026 07/21/26 | For Sale | $999,000 | +11.0% | $544 / Sq Ft | |
| 04/09/2021 04/09/21 | Sold | $900,000 | +0.1% | $490 / Sq Ft | View Prior Sale |
| 07/13/2020 07/13/20 | For Sale | $899,000 | +99.8% | $490 / Sq Ft | |
| 03/06/2013 03/06/13 | Sold | $450,000 | -10.0% | $245 / Sq Ft | View Prior Sale |
| 01/07/2013 01/07/13 | Pending | -- | -- | -- | |
| 10/22/2012 10/22/12 | For Sale | $500,000 | -- | $272 / Sq Ft |
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 |
|---|---|---|---|
| Deed | -- | La Law Center Pc | |
| Deed | -- | La Law Center Pc | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $450,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Quit Claim Deed | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Fidelity Van Nuys | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Grant Deed | $185,000 | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $315,000 | New Conventional | |
| Previous Owner | $317,000 | Purchase Money Mortgage | |
| Previous Owner | $208,024 | FHA | |
| Previous Owner | $179,448 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26159546
APN: 2244-009-015
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