13810 Sherman WAY new

Van Nuys,CA 91405

$ 1229000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25110401

HOA Y/N No

Year Built 1948

Lot Size 7,531 Sqft

Property Sub-Type Quadruplex

Property Description

This well-maintained four-unit multi-family building is situated in the heart of the San Fernando Valley. Built in 1948, this residential income property spans approximately 2,756 sq. ft. on a 7,527 sq. ft. lot. It comprises three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering significant rental upside potential. Recent Upgrades to the building include newer paint, roof, windows, and driveway. Each unit is individually metered for gas and electricity and features its own water heater. There is on-site garage parking available for each unit, totaling eight spaces.

Located in East Van Nuys, the property benefits from its proximity to essential amenities and transportation options. It is within walking distance to grocery stores, restaurants, and public transit lines, enhancing its appeal to its tenants. Sherman Way, a major east-west thoroughfare, runs through Van Nuys and offers convenient access to various parts of the city. Ralphs Supermarket and Norms Restaurant are just half a block away, offering convenient shopping and dining options. This property presents a compelling opportunity for investors seeking a well-located, income-generating asset with potential for rental growth in a vibrant and accessible neighborhood.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry See Remarks

Exterior

Parking Features Assigned,Garage,Garage Faces Side

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Biking,Curbs,Gutter(s),Street Lights,Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 2216032014

Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange

Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange

Special Listing Condition Standard

Lease Land No

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