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$1,395,000   Price Analysis
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10709 Sherman Pl
Sun Valley, CA 91352
6 bed 5 bath 2,854 SqFt ($488/SqFt)
7,799SqFt lot. Built 1947
Listed 2024-06-15, Taxes $7,165
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to your opportunity to own a remodeled quadruplex 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 vast 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 wll be a dream come true when completed. This property is perfect for savvy investors looking to capitalize on a hi gh-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!


Presented by Matthew Hardy at
Michael Green Realty & Inv.
Listing Agent Photo

Property MLS #SR24122614 from CRMLS

Bedrooms: 6

Granite Counters
Quartz Counters
Flooring: Laminate

Appliances: Gas Range
Appliances YN: Yes
Laundry Features: Electric Dryer Hookup, Individual Room, Washer Hookup

Living Room

Cooling Features: Central Air, Wall/Window Unit(s)
Fireplace Features: Living Room
Heating Features: Central, Wall Furnace
Heating: Yes

Full Bathrooms: 5

Awning(s)
Fencing: Fence YN: Yes, Fencing: Block, Wood

Lot Description: 0-1 Unit/Acre, Cul-De-Sac, Front Yard
Lot Size Acres: 0.1790404
Lot Size Source: Assessor
Lot Size Square Feet: 7799

Parking Features: Parking YN: Yes, Parking Features: Concrete, Paved
Parking Total: 4

Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2

Rent Control: Yes

Community Features: Curbs, Street Lights, Suburban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3200.00
Area: SUNV - Sun Valley
Source Neighborhood: SUNV - Sun Valley
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 4
Parcel Number: 2410020002
Postal Code Plus 4: 5131
Zoning: LAR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$210,235 + $367,911
$578,146
$7,165
2021$206,113 + $360,698
$566,811
$7,071
2020$204,000 + $357,000
$561,000
$7,139
2019$200,000 + $350,000
$550,000
$6,865
2018$225,000 + $400,000
$625,000
$7,765
2017$142,556 + $46,758
$189,314
$2,461
2016$139,761 + $45,842
$185,603
$2,381
2015$137,662 + $45,154
$182,816
$2,348
2014$134,966 + $44,270
$179,236
$2,375
2013$134,357 + $44,070
$178,427
$2,375
2012$131,723 + $43,206
$174,929
$2,404
2010$129,141 + $42,359
$171,500
$2,364
2009$128,481 + $42,143
$170,624
$2,282
2009$128,176 + $42,043
$170,219
$2,282
2008$125,962 + $41,317
$167,279
$2,192
2007$123,493 + $40,507
$164,000
$2,113

Listed 2024-06-15
$1,395,000
CRMLS
Listing removed 2018-10-19
$475,000
CRISNET
Listing removed 2018-09-11
$368,000
TheMLSCLAW
Sold 2018-09-07
$368,000
TheMLSCLAW
Price Changed 2018-05-21
$368,000
TheMLSCLAW
Listed 2018-05-01
$450,000
TheMLSCLAW
Listing removed 2013-10-16
$475,000
CRISNET
Listed 2013-05-28
$475,000
CRISNET

Net Operating Income: 103200.00

Total Square Feet Living: 2854
Year Built: 1947
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Stucco, Wood Siding
Entry Level: 1
Entry Location: Ground
Property Age: 77
Property Attached: Yes
Roof: Composition, Shingle
Levels or Stories: Two
Building Total Stories: 1
Structure Type: Quadruplex
Year Built Source: Assessor

Sewer: Water Sewer Expense: 0.00
Water Source: Public

Sun Valley Engineering And Technology Magnet is a public middle and high school located approximately 0.8 miles away.
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Camellia Avenue Elementary School is a public elementary school located approximately 1.1 miles away.
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Into His Glory is a private elementary and middle school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.