NOT LISTED FOR SALE

Sherman Oaks, CA 91423

Estimated Value: $1,620,000 - $2,407,000

6 Beds
4 Baths
3,339 Sq Ft
$598/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $1,650,000 $494 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $12,336/month

98 Days on Market

Highlights

  • City View
  • Fireplace in Kitchen
  • Balcony
  • Van Nuys High School Rated A
  • Wood Flooring
  • 4 Car Garage

About This Home

As of April 2021

Please call for touring the property by appt. Full marketing package or OM available - please contact or email broker for marketing brochure. Currently has one vacancy for showing or owner/user. Seller to rerent the unit unless requested by Buyer. Tons of upside in rents!

Last Agent to Sell the Property

Melinda Russell

CB Richard Ellis L.A. North Universal City License #00860306 Listed on: 01/01/2021

Last Buyer's Agent

Kishaya Perry

Compass License #01901521

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,491

Year Built

  • Built in 1954

Lot Details

  • 6,036 Sq Ft Lot
  • East Facing Home
  • Gated Home

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Bungalow
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 3,339 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Vertical Blinds
  • Window Screens
  • Dining Room with Fireplace
  • Wood Flooring
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Galley Kitchen
  • Dishwasher
  • Tile Countertops
  • Formica Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Slab Porch or Patio

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Central Water Heater
  • Sewer in Street

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 2265-023-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,491

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: Two
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Building Permit: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 3339
  • Lot Acreage: 0.1386
  • Price Per Unit: 387500.00
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Dining, Gas, Kitchen, Patio
  • Flooring: Hardwood
  • Bedrooms: 6
  • Common Walls: Attached
  • Kitchen Features: Formica Counters, Tile Counters, Pantry, Galley Kitchen
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Ceiling Fan
  • Price Per S Q F T: 464.21
  • Windows: Window Blinds, Vertical Blinds, Screens, French Windows

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Patio: Concrete Slab, Porch
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage - 4+ Car, Garage Is Detached, Assigned
  • Total Parking: 4

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning, Wall Unit(s)
  • Heating: Forced Air, Wall Gas
  • Security: Smoke Detector, Gated
  • Sewer: In Street
  • Water: Meter on Property, In Street
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 27.13
  • Assessed Land Percent: 72.87
  • Assessed Land Value: 900000
  • Assessor Parcel Number: 2265-023-031
  • Lot Location: Alley Access
  • Lot Size Area: 6036

Rental Info

  • Total Actual Rent: 80808.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.90
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 28760
  • Type Of Units: Fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2021
Closed on
Mar 2, 2021
Sold by
Building One Apartments Llc
Bought by
Smollett Jacqui
Seller's Agent
Melinda Russell
CB Richard Ellis L.A. North Universal City
Buyer's Agent
Kishaya Perry
Compass
List Price
$1,550,000
Sold Price
$1,650,000
Premium/Discount to List
$100,000
6.45%
Current Estimated Value
$1,996,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,767
Avg. Annual Appreciation
4.29%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 20, 2018
Sold by
Spiegel Jeremy
Bought by
Building One Apartments Llc
Seller's Agent
Michael Tootikian
No Firm Affiliation
List Price
$1,339,500
Sold Price
$1,248,000
Premium/Discount to List
-$91,500
-6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$748,800
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 16, 2016
Sold by
Hertz Enid
Bought by
Hertz Enid and The Declaration Of Trust Of Enid Hertz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 2016
Sold by
Hertz Enid
Bought by
Spiegel Jeremy and Spiegel Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2016
Sold by
Hertz Enid
Bought by
Hertz Enid and Declaration Of Trust Of Enid Hertz

Purchase Details

Closed on
Oct 23, 2014
Sold by
Hertz Julius
Bought by
Julius Hertz Survivors Trust

Purchase Details

Closed on
Dec 31, 2013
Sold by
Hertz Julius
Bought by
Hertz Julius and Hertz Enid

Purchase Details

Closed on
Aug 4, 2011
Sold by
Hertz Julius
Bought by
Hertz Julius and Hertz Ruth

Purchase Details

Closed on
Nov 25, 2003
Sold by
Hertz Ruth Weiss
Bought by
Hertz Julius and Hertz Ruth

Purchase Details

Closed on
Aug 4, 1997
Sold by
Hertz Ruth
Bought by
Hertz Ruth Weiss and Ruth Weiss Hertz Trust

Purchase Details

Closed on
Nov 18, 1993
Sold by
Weiss Shirley
Bought by
Hertz Ruth
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smollett Jacqui $1,650,000 North American Title Co Inc
Building One Apartments Llc $1,248,000 Fidelity National Title Comp
Hertz Enid -- None Available
Spiegel Jeremy $1,235,000 Fidelity Sherman Oaks
Hertz Enid -- None Available
Hertz Enid -- None Available
Julius Hertz Survivors Trust -- None Available
Hertz Julius -- None Available
Hertz Julius -- None Available
Hertz Julius -- None Available
Hertz Julius -- None Available
Hertz Ruth Weiss -- None Available
Hertz Ruth Weiss -- --
Hertz Ruth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smollett Jacqui $400,000
Previous Owner Building One Apartments Llc $748,800
Previous Owner Spiegel Jeremy $741,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $1,650,000 +6.5% $494 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $1,550,000 +24.2% $464 / Sq Ft
04/20/2018 04/20/18 Sold $1,248,000 -6.8% $374 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $1,339,500 -- $401 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $21,491 $1,786,010 $1,298,917 $487,093
2024 $21,491 $1,750,992 $1,273,449 $477,543
2023 $21,074 $1,716,660 $1,248,480 $468,180
2022 $20,092 $1,683,000 $1,224,000 $459,000
2021 $15,868 $1,311,869 $946,060 $365,809
2020 $16,029 $1,298,419 $936,360 $362,059
2019 $15,394 $1,272,960 $918,000 $354,960
2018 $15,425 $1,259,700 $918,000 $341,700
2016 $1,444 $95,635 $36,423 $59,212
2015 $1,427 $94,199 $35,876 $58,323
2014 $1,460 $92,355 $35,174 $57,181
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Melinda Russell

    CB Richard Ellis L.A. North Universal City

    Section Image
  • Kishaya Perry

    Buyer's Agent in 2021

    Kishaya Perry

    Compass

    (818) 448-9233

    1 in this area

    6 Total Sales

    Kishaya Perry
    Section Image

  • M

    Seller's Agent in 2018

    Michael Tootikian

    No Firm Affiliation

    Section Image
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Source: The MLS

MLS Number: 21-685050

The MLS

APN: 2265-023-031

California Los Angeles County Sherman Oaks

91423

This home since 01 January 2021 and is currently estimated at $1,996,767, approximately $598 per square foot. This property was built in 1954. This home is a home located in Los Angeles County with nearby schools including Van Nuys High School, Dixie Canyon Avenue Elementary School, and Sherman Oaks Elementary Charter School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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