11147 Sherman Way

Sun Valley, CA 91352

$985,000
Price
8
Beds
3,300 Sq. Ft.
$298 / Sq. Ft.
3,300
Sq. Ft.
$298
per Sq. Ft.

Description

This Sun Valley 4-plex presents an excellent investment opportunity with significant upside potential, including the possibility to add an ADU. Each unit features 2 bedrooms, 1 bathroom, and 800 square feet of living space. The property is upgraded with copper plumbing and dual-pane vinyl windows. With long-term tenants in place, along with a freshly painted exterior and new synthetic grass, the complex offers both curb appeal and stable income potential.This Sun Valley 4-plex presents an excellent investment opportunity with significant upside potential, including the possibility to add an ADU. Each unit features 2 bedrooms, 1 bathroom, and 800 square feet of living space. The property is upgraded with copper plumbing and dual-pane vinyl windows. With long-term tenants in place, along with a freshly painted exterior and new synthetic grass, the complex offers both curb appeal and stable income potential.
  1. Listed by Rick Sauer • DRE #01413231 • Brokerage DRE #02187306 • eXp Realty of Southern CA

Property Details for 11147 Sherman Way

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3300
Assessor Parcel Number
2315-028-009
Property Attached YN
true
LISTING UPDATED: 10/30/2024 08:55 AM

Property Details for 11147 Sherman Way

StatusActive
MLS #NDP2409614
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.14 AC / 6,001 SF
CountyLos Angeles County

Building Information for 11147 Sherman Way

Stories2Residences-Year Built1955Building Size-Lot Size0.14 AC / 6,001 SF

Property Information for 11147 Sherman Way

Income / Expense / Tax Details
Income Details
  • Gross Income: $45,144
  • Gross Scheduled Income: $45,144
  • Net Operating Income: $26,706
  • Cap Rate: 2.7
Expense Details
  • Operating Expense: $18,438
  • New Taxes Expense: $9,850
  • Electric Expense: $4,548
  • Insurance Expense: $1,803
  • Trash Expense: $3,365
  • Water Sewer Expense: $0
  • Total Expenses: $19,566
Tax / Assessment Info
  • Tax Tract Number: 123010
  • Tax Lot: 52
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Fence: No
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $963
  • Unit Type Total Rent: $963
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $792
  • Unit Type Total Rent: $792
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,238
  • Unit Type Total Rent: $1,238
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $769
  • Unit Type Total Rent: $769
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 11147 Sherman Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 11147 Sherman Way

Taxable ValueLand$672,454Additions$203,668Total$876,122
Tax Record2024$11,179 ($932 / month)
Home Facts
Total Finished SqFt3,300 SqFtAbove Grade Finished SqFt3,300 SqFtLot Size6,001 SqFtStyleQuadraplexYear Built1955ZoningLAR3CountyLOS ANGELESAPN2315-028-009

Schools near 11147 Sherman Way

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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11147 Sherman Way is a multi-family home for sale in Sun Valley, CA 91352. This property was listed for sale on October 30, 2024 by eXp Realty of Southern CA, it's currently listed at $985,000. It has been on the market for a total of 22 days and was last sold on March 31, 2017. 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. 11147 Sherman Way is a 8-bed, 0-bath, 3,300 sqft multi-family home built in 1955.

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 eXp Realty of Southern CA, Rick Sauer, DRE #01413231

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.