Townhouse-Style 15-Unit
13915 Sherman Way Los Angeles, CA 91405
13915 Sherman Way, Los Angeles, CA, 91405
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For Sale
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Fifteen-unit multifamily built in 1989 with individually metered utilities, community pool, on-site laundry, and 28 parking spaces.
Days on Market92
Property Features for 13915 Sherman Way
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1989
Listing agency
Marcus & Millichap - Encino
(818) 212-2744
Listed by
Ryan Rothstein-Serling · License #CA 01920619
Source
Crexi
Added: Apr 22 Updated: Jul 21 at 6:36AM Checked: Jul 22 at 11:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
This 15-unit townhouse-style multifamily property was built in 1989 and consists of 12 two-bedroom/2.5-bath townhomes and three one-bedroom flats. The two-story wood-frame building is individually metered for gas and electric. On-site amenities include a community pool and laundry facilities, and the property provides 28 surface parking spaces.
Located on Van Nuys’s Sherman Way transit corridor, the offering totals 16,144 SF on a 13,998 SF lot. The property is RSO-exempt and subject only to AB 1482. Current gross scheduled rent is $372,828, with stated pro forma market rents of $460,800. Most leases are month-to-month, with two legacy tenants at $1,184 per month. No permits have been pulled since 2006, and a planned East SFV Light Rail station is noted as approximately 0.5 miles east, opening in 2031.
Located on Van Nuys’s Sherman Way transit corridor, the offering totals 16,144 SF on a 13,998 SF lot. The property is RSO-exempt and subject only to AB 1482. Current gross scheduled rent is $372,828, with stated pro forma market rents of $460,800. Most leases are month-to-month, with two legacy tenants at $1,184 per month. No permits have been pulled since 2006, and a planned East SFV Light Rail station is noted as approximately 0.5 miles east, opening in 2031.
Key Highlights
- Built in 1989: 15‑unit townhouse‑style multifamily with 12 two‑bedroom/2.5‑bath townhomes and 3 one‑bedroom flats
- 16,144 SF property on a 13,998 SF lot with 28 surface parking spaces
- Individually metered gas and electric; on‑site laundry and a community pool
Property Analytics
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Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fifteen-unit multifamily built in 1989 with individually metered utilities, community pool, on-site laundry, and 28 parking spaces.
Where is this apartment building located?
The property is located at 13915 Sherman Way Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Built in 1989: 15‑unit townhouse‑style multifamily with 12 two‑bedroom/2.5‑bath townhomes and 3 one‑bedroom flats; 16,144 SF property on a 13,998 SF lot with 28 surface parking spaces; Individually metered gas and electric; on‑site laundry and a community pool
