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14530 Sherman Way

14530 Sherman Way, Van Nuys, CA 91405
Property in Van Nuys
14530 Sherman Way has been categorized by the local assessors in Van Nuys, CA as a commercial type of property. The building on the property was first built in 1974 and is 50 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 14530 Sherman Way has 15,419 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 40,121 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $3,497 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 14530 Sherman Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $5,035,579. To break that down further, the land itself was valued at $2,025,893. While improvements to the property were assessed at a total of $3,009,686. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 2
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,121
  • Total Building Area: 15,419
  • Gross Building Area: 15,419
  • Building Area: 15,419
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 15,419
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.921
  • Standard Land Use Code: Store/office (mixed use)
  • Legal Description 1: LOT COM AT NE COR OF LOT A PM 23-7 TH S ON E LINE OF SD LOT 207.06 FT TH S 42 43'54 W 38.5 FT TH NW AND FOLLOW- ING SHERMAN CIRCLE TO S LINE OF SHERMAN SEE ASSESSOR MAPBOOK FOR MISSING PORTIONPARCEL MAP AS PER BK 23 PG 7 OF P M

Ownership

  • Current Owner : SAN FERNANDO VALLEY COMMUNITY MENTAL HEA
  • Previous Owner : VAN NUYS PROPERTIES ASSOCIATES LLC
  • Owner Before Previous Owner: BEVERLY HILLS LA CIENEGA ASSOC
  • Owner Before Previous Owner 2: DELIJANI NAHID R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 127910

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 15-D3
  • Parcel: 2219-008-012
  • Lot: A,207
  • Municipality: NORTH
  • Latitude: 34.2009
  • Longitude: -118.45

    Address

  • Full Address: 14530 Sherman Way
  • Address - House Number: 14530
  • Address - Street Name: Sherman
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Van Nuys
  • Zip Code: 91405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,497
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-013

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,700,000
  • First Open Lien Mortgage Lender: CALIFORNIA HEALTH FACILITIES F
  • First Open Lien Mortgage Recording Date: Jun 29, 1998
  • First Open Lien Mortgage Loan Amount: $3,700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,035,579
  • Assessed Land Value: $2,025,893
  • Assessed Improvements Value: $3,009,686

    Sales

  • Current Sale Recording Date: Jun 29, 1998
  • Current Sale Transaction ID: 1012846702
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 98-1092434
  • Previous Sale Recording Date: Mar 20, 1997
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIFORNIA HEALTH FACILITIES F
  • First Mortgage Transaction Date: Jun 29, 1998
  • First Mortgage Loan Amount: $3,700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC NATL BK
  • Previous Mortgage Transaction Date: Mar 20, 1997
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About South Valley



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Nearby Rentals

Unit for rent at 6948 Cedros, Van Nuys, CA, 91405

$5,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,650 ft²
6948 Cedros, Van Nuys, CA, 91405 Listing by Mike Harutunyan

Frequently Asked Questions

What neighborhood is 14530 Sherman Way located in?
The 14530 Sherman Way is a located in the neighborhood of Van Nuys in South Valley, Van Nuys.
What is the average sales price for listings in 14530 Sherman Way?
The average sales price for units in 14530 Sherman Way is $0 currently.

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