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13810 Sherman Way, Van Nuys, California 91405, Van Nuys, 91405 - bed, bath

13810 Sherman Way, Van Nuys, California 91405 home-pic-0
ACTIVE$1,229,000
13810 Sherman Way, Van Nuys, California 91405
0Bed
0Bath
2,756Sqft
7,530Lot
Year Built
1948
Close
-
List price
$1.23M
Original List price
$1.23M
Price/Sqft
$446
HOA
-
Days on market
-
Sold On
-
MLS number
OC25110401
Home ConditionFair
Features
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.23M(50th), sqft - 2756(40th), beds - undefined(50th), baths - undefined(50th).

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.

Nearby schools

5/10
Hazeltine Avenue Elementary School
Public,•K-5•0.3mi
1/10
Andres And Maria Cardenas Elementary School
Public,•K-5•0.6mi
3/10
Andres And Maria Cardenas Elementary School
Public,•K-5•0.6mi
4/10
Kittridge Street Elementary School
Public,•K-5•0.8mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•1.0mi
3/10
Van Nuys Elementary School
Public,•K-5•1.1mi
4/10
Burton Street Elementary School
Public,•K-5•1.3mi
6/10
Erwin Elementary School
Public,•K-5•1.3mi
4/10
Valerio Street Elementary School
Public,•K-5•1.5mi
3/10
Michelle Obama Elementary
Public,•K-5•1.7mi
2/10
Columbus Avenue School
Public,•K-5•1.8mi
4/10
Sylvan Park Elementary School
Public,•K-5•2.0mi
5/10
Noble Avenue Elementary School
Public,•K-5•2.1mi
4/10
Bassett Street Elementary School
Public,•K-5•2.4mi
3/10
Bassett Street Elementary School
Public,•PK-5•2.5mi
4/10
Cohasset Street Elementary School
Public,•K-5•2.5mi
3/10
Cohasset Street Elementary School
Public,•K-5•2.6mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.7mi
3/10
Langdon Avenue Elementary School
Public,•K-5•2.9mi
3/10
Gault Street Elementary School
Public,•K-5•4.0mi
3/10
Gault Street Elementary School
Public,•K-5•4.0mi
4/10
Parthenia Street Elementary School
Public,•K-5•4.1mi
7/10
Stagg Street Elementary School
Public,•K-5•4.2mi
5/10
James Madison Middle School
Public,•6-8•1.1mi
3/10
Vista Middle School
Public,•6-8•2.1mi
2/10
Van Nuys Middle School
Public,•6-8•2.4mi
5/10
William Mulholland Middle School
Public,•6-8•4.1mi
3/10
William Mulholland Middle School
Public,•6-8•4.2mi
7/10
Oliver Wendell Holmes Middle School
Public,•6-8•4.9mi
3/10
Northridge Middle School
Public,•6-8•5.4mi
2/10
Panorama High School
Public,•9-12•1.4mi
3/10
Robert Fulton College Preparatory School
Public,•6-12•1.4mi
6/10
Van Nuys Senior High School
Public,•9-12•1.5mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•1.9mi
6/10
John H. Francis Polytechnic
Public,•9-12•2.2mi
3/10
James Monroe High School
Public,•9-12•3.5mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.7mi
7/10
Northridge Academy High
Public,•9-12•5.9mi

Price History

Date
Event
Price
05/20/25
Listing
$1,229,000
Condition Rating
Fair
Built in 1948, this property has received recent exterior upgrades including newer paint, roof, windows, and driveway, which are positive for the building's structural integrity and curb appeal. However, the limited interior images reveal dated elements such as older tiled floors, basic light fixtures, and the presence of window AC units, indicating a lack of central cooling/heating. The absence of kitchen and bathroom photos strongly suggests these key areas are outdated and would require significant renovation to meet modern tenant expectations. While the exterior is well-maintained, the interiors are aged and would need substantial updates to modernize the units.
Pros & Cons

Pros

Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Strong Investment Potential: The property is explicitly identified as a 'residential income property' offering 'significant rental upside potential,' making it an attractive asset for investors.
Exceptional Walkability & Convenience: Located in the 'heart of the San Fernando Valley,' it boasts excellent walkability to grocery stores, restaurants, public transit, and major thoroughfares, enhancing tenant appeal.
Recent Capital Improvements: The building has undergone recent upgrades including newer paint, roof, windows, and driveway, which reduces immediate capital expenditure for a new owner and improves property condition.
Tenant-Responsible Utilities: Each unit is individually metered for gas and electricity and features its own water heater, effectively shifting utility costs to tenants and maximizing the owner's net operating income.
Ample On-Site Parking: The property provides on-site garage parking for each unit, totaling eight spaces, which is a highly desirable and valuable amenity in the Los Angeles market.

Cons

Building Age: Built in 1948, the property's underlying structure is over 75 years old, which, despite recent cosmetic upgrades, may lead to higher long-term maintenance costs or require more extensive system overhauls in the future.
Limited Bathroom Count Per Unit: All units are configured with only one bathroom, which might be less appealing to modern renters, particularly for the 3-bedroom unit, potentially affecting market rent or tenant retention.
Mixed Local School Ratings: Several nearby elementary schools exhibit lower ratings (e.g., 1-3 out of 10), which could be a deterrent for families with school-aged children, potentially narrowing the prospective tenant pool.

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