11147 Sherman Way
Sun Valley, CA 91352

Bd   — Ba   3,300 Sqft
We are pleased to present the opportunity to acquire this 4 unit apartment building located on a major thoroughfare of the North Hollywood Sub Market of the City of Los Angeles. All four units are good sized two-bedroom one bath floorplans of approximately 825 sq. ft. The property has had many recent upgrades including new windows in 2014, copper plumbing in 2009, roof is known to be free of leaks and in sound condition. Zoned LAR3 and is on a raised foundation then wood frame and stucco. The building is a solid investment in which an investor can apply the basic property management action to increase rents over time and tap into the upside of this property which is currently about 100%. The property was built in 1955 and is subject to rent control. Principals are encouraged to contact listing broker to discuss a plan of accelerating the upside on this property.
  • Neighborhood: Sun Valley
  • Days on Movoto: 71
  • Year Built: 1955
  • HOA:
  • $/Sqft: $202
  • Lot: 6,001 Sqft
  • Property Type: Single Family
  • MLS#: 16148358
  • MLS:
  • Listing Office: Ricardo Dantas
  • Listing Broker: Ricardo Dantas
  • Movoto last checked CRMLS for new data 7 hours ago
  • CRMLS last updated this listing 1 month ago
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Property History for 11147 Sherman Way, Sun Valley

Status
Date
Price
Sold
Oct 7, 2016
$665,000
Active Under Contract
Sep 22, 2016
Price Change
Jul 29, 2016
$675,000
Listed
Jul 28, 2016
$575,000
#16148358

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Public Record for 11147 Sherman Way, Sun Valley

Basic Info
Beds : 8
Baths : 4
Building Area : 3,300 Sqft
Quadruplex (4 units, any combination)
Partial Baths :
Rooms :
Lot Size : 6,000 Sqft
Year Built : 1955
Last Sale Price :
Last Sale Date : 02/09/1998
House Features
11147 Sherman Way in 91352 was last listed for $665,000. As of today, , this is 33% above the current median price of $499,000 for the city of Sun Valley, CA and 33% above the median of $499,000 for ZIP code 91352. Right now, there are 44 properties for sale in 91352 and 44 properties listed for sale in Sun Valley. Those 44 properties are made up of 36 single family homes and 8 condos. The square footage of 11147 Sherman Way is approximately 3,300, which is 109% above the median size of 1,577 square feet in Sun Valley and 109% above the median size of 1,577 Sqft in ZIP code 91352. This property's price per square foot was $202, which is 37% below the current $321 median in 91352 and 37% below the $321 Sun Valley median.

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Get to Know Sun Valley

Built in 1955, this single family house at 11147 Sherman Way, Sun Valley CA, 91352 is approximately 3,300 square feet and comes with 4 parking spots. It was last listed for $675,000 with a cost per Sqft of $202. 11147 Sherman Way is located in the Sun Valley neighborhood in the Los Angeles Unified School District. The closest school is Sun Valley Engineering And Technology Magnet.

11147 Sherman Way, Sun Valley CA, 91352 was on the market for 71 days. The median days on the market for properties in this area is 41 with a median list price of $499,000 and median cost per square foot of $321. Its current status is sold under the MLS #16148358.

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