10709 Sherman Place

Sun Valley, CA 91352

$1,195,000
Price
4
Beds
11
Baths
2,854 Sq. Ft.
$419 / Sq. Ft.
2,854
Sq. Ft.
$419
per Sq. Ft.

Description

Welcome to your opportunity to own a remodeled triplex with an ADU nestled in an up and coming neighborhood of Sun Valley. This exquisite property has been meticulously renovated, blending modern amenities with timeless charm to cater to a variety of lifestyles. Each unit offers spacious living areas, perfect for comfortable living or rental income, updated kitchens equipped with new appliances, sleek quartz and granite countertops, and ample storage space. The bathrooms have been stylishly designed...Welcome to your opportunity to own a remodeled triplex with an ADU nestled in an up and coming neighborhood of Sun Valley. This exquisite property has been meticulously renovated, blending modern amenities with timeless charm to cater to a variety of lifestyles. Each unit offers spacious living areas, perfect for comfortable living or rental income, updated kitchens equipped with new appliances, sleek quartz and granite countertops, and ample storage space. The bathrooms have been stylishly designed featuring new tile, vanities, contemporary fixtures and finishes. The yard is a blank slate and will be a dream come true when completed. This property is perfect for savvy investors looking to capitalize on a high-demand rental market. The versatile layout allows for various rental strategies, appealing to both long-term and short-term tenants. Potential for substantial rental income with all units ready for occupancy. Whether you're looking to live in one unit and rent out the others, or seeking a smart investment opportunity, this quadruplex offers versatility, luxury, and a prime location. Don't miss out on making this exceptional property yours!
  1. Listed by Matthew Hardy • DRE #01463712 • Brokerage DRE #01375100 • Michael Green Realty & Inv. • 818-480-2032

Property Details for 10709 Sherman Place

Architectural Style
Contemporary
View
Mountain(s)
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air, Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 12/15/2024 11:28 AM

Property Details for 10709 Sherman Place

StatusActive
MLS #SR24122614
Days on Market154
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.18 AC / 7,799 SF
CountyLos Angeles County

Building Information for 10709 Sherman Place

Stories1Residences-Year Built1947Building Size-Lot Size0.18 AC / 7,799 SF

Property Information for 10709 Sherman Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $114,000
  • Gross Scheduled Income: $114,000
  • Net Operating Income: $110,800
Expense Details
  • Operating Expense: $9,500
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $7,000
  • Trash Expense: $500
  • Water Sewer Expense: $2,000
  • Total Expenses: $9,500
Tax / Assessment Info
  • Tax Tract Number: 10700
  • Tax Census Tract: 1230.20
  • CFD/Mello-Roos Fee: $434
  • Tax Lot: 58
Community / Development
Community / Development
  • Community Features: Curbs, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Range Hood, Water Heater
  • Equipment: Community, Electric Dryer Hookup, Hookup - Electric, Inside, Room, Washer Hookup
  • Interior Features: Granite Counters, Quartz Counters
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Utility Room
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Community, Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Fireplace Features: Living Room, Gas
  • Fireplace Rooms: Gas, Living Room
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Forced Air, Wall
  • Heating: Central, Fireplace(s), Forced Air, Wall Furnace
  • Heat Equipment: Fireplace, Forced Air Unit
  • Flooring: Laminate, Tile
Exterior Features
  • Window Features: Blinds, Double Pane Windows, Drapes
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Exterior: Stucco, Wood
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • Roof: Composition, Shingle
  • Entry Location: Ground
  • Fence: Yes
  • Fence: Wood
  • Fencing: Block, Wood
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Front Yard, Lawn, Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned, Concrete, Paved
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $6,000
  • Unit Type Total Rent: $6,000
  • Unit Type Pro Forma: 6000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,000
  • Unit Type Total Rent: $4,000
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Range: 4
  • Number With Disposal: 4

Property History for 10709 Sherman Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10709 Sherman Place

Taxable ValueLand$382,774Additions$218,727Total$601,501
Tax Record2024$7,650 ($638 / month)
Home Facts
Total Finished SqFt2,250 SqFtAbove Grade Finished SqFt2,250 SqFtStories1Lot Size7,796 SqFtStyleTriplexYear Built1947ZoningLAR1CountyLOS ANGELESAPN2410-020-002

Schools near 10709 Sherman Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Camellia Avenue Elementary School
PublicK to 5

East Valley Senior High School
Public9 to 12

ISANA Cardinal Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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10709 Sherman Place is a multi-family home for sale in Sun Valley, CA 91352. This property was listed for sale on June 15, 2024 by Michael Green Realty & Inv., it's currently listed at $1,195,000. It has been on the market for a total of 154 days and was last sold on September 7, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Camellia Avenue Elementary School, Sun Valley Engineering And Technology Magnet and East Valley Senior High School. 10709 Sherman Place is a 4-bed, 11-bath, 2,854 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Michael Green Realty & Inv., Matthew Hardy, DRE #01463712

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.