5 months on rocket

10709 Sherman Pl, Sun Valley, CA, 91352

$1,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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10709 Sherman Pl, Los Angeles$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAssigned, Concrete, Paved
Year Built1947
HeatingCentral, Forced Air, Fireplace(s), Wall Furnace
CoolingCentral Air, Wall/Window Unit(s)
FireplaceGas, Living Room
ViewMountain(s)
MLS #SR24122614
Lot Size0.18 Acres
StatusActive

About 10709 Sherman Pl

Welcome to your opportunity to own a remodeled triplex with an ADU 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 spacious 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 will be a dream come true when completed. This property is perfect for savvy investors looking to capitalize on a high-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!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1947
  • Stories: 1

Listing Office:

  • Office Name: Michael Green Realty & Inv.
  • Office Phone: (818) 480-2032
  • Listing Agent: Matthew Hardy

Interior Features

Interior Information:

  • Appliances: Gas Range, Range Hood, Water Heater
  • Flooring Type: Laminate, Tile
  • Interior: Granite Counters, Quartz Counters, Bedroom on Main Level, Main Level Primary, Utility Room
  • Fireplace: Gas, Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Awning(s), Lighting, Rain Gutters

Parking Information:

  • Parking: Assigned, Concrete, Paved

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Front Yard, Lawn
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Fireplace(s), Wall Furnace
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: N of Sherman Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $7,072
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

10709 Sherman Pl vs Los Angeles

159 DAYS ON ROCKET

+121 Days

$1,250,000

+$226.5K More

KEY TAKEAWAY

This property is $226.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24122614

Listing Office:

  • Office Name: Michael Green Realty & Inv.
  • Office Phone: (818) 480-2032
  • Listing Agent: Matthew Hardy

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,072$566,811
2020$6,865$561,000
2019$7,765$550,000
2018$2,462$625,000
2017$2,462$189,314

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-534270
5
/10

  • Isana Cardinal Academy

  • 7330 Bakman Ave

  • 0.78 miles

  • Public Charter Grades KG-5

school-card-donut-534271
4
/10

  • Roscoe Elementary

  • 10765 Strathern St

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-534272
3
/10

  • Glenwood Elementary School

  • 8001 Ledge Ave

  • 1.01 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,568. The most common annual income of people living in Los Angeles, CA is less than $35k. Residents typically live in married, with kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›91352›10709 Sherman Pl

This home is located at 10709 Sherman Pl in Sun Valley, CA and zip code 91352 in the The San Fernando Valley neighborhood. This home, which was built in 1947, sits on a 0.18 acre lot. It has been listed on Rocket Homes since June 15, 2024 and is currently priced at $1,250,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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