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    Property profile & analytics

    15740 Sherman Way Van Nuys, CA 91406-4001

    • Apartment buildings
    • 29,647 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 16, 2024
    Location Intelligence
    Property ID
    US09-9492043
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Woodhaven Apartments / Apartment Building
    • Real'Tipsy / Party Store

    Property Details for 15740 Sherman Way

    Year built
    1970
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    29,647 SF
    Zone code
    LARD1.5
    Property type
    Apartment buildings
    APN
    2224-003-079
    APU
    2224003079

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Van Nuys
    County
    Los Angeles
    State
    California
    Longitude
    -118.476
    Latitude
    34.2008
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $34,256
    $388,604
    $2,020,867
    $2,409,471
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      15624 Vanowen St

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      7121 Woodley Ave

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      6422 Woodley Ave

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      6910 Balboa Blvd

      APARTMENT HOUSE (5+ UNITS) • 9,906 SF
      6910 Balboa Blvd, Van Nuys, CA 91406-4500
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    • Value Estimation by Request
      44,303 SF

      16505 Vanowen St

      APARTMENT HOUSE (5+ UNITS) • 44,303 SF
      16505 Vanowen St, Van Nuys, CA 91406-4735
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $3,050 /Mo
      1,252 SF

      New Modern Apartments in Van Nuys

      New 4-unit apartment community with modern amenities and convenient location.
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      View Details
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      Exceptional warehouse and distribution space with secured parking.
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    • Contact for pricing
      1,499 SF

      Move-in Ready Office Space

      Second floor office space with window offices and kitchenette.
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    • $1.79 SF/Yr
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      Van Nuys Warehouse Space Available

      Warehouse space near Van Nuys Airport with new roof.
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      Warehouse with secure, fenced yard adjacent to Van Nuys Airport.
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    • $1.85 SF/Yr
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      Van Nuys Industrial Space

      Industrial and manufacturing space for lease in Van Nuys.
      15406 Cabrito Rd, Van Nuys, CA 91406
      View Details
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    15740 Sherman Way
    Van Nuys, CA 91406-4001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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