tomo logo

$360,315

Beds
2
Baths
1.0
sq ft
962

10657 Sherman Way, Sun Valley, CA 91352

10657 Sherman Way

Sun Valley, CA 91352

  • Pending
Investor’s dream! This bank-owned, fixer-upper ranch-style home features two bedrooms and one bathroom, offering an excellent opportunity for those looking to flip or rent out or for an owner-occupant ready to bring their vision to life. With ample potential for renovation, this property provides a blank canvas to create a charming and comfortable living space in a desirable location. Whether you’re a seasoned investor or a first-time buyer, this home presents a fantastic opportunity to capitalize on the thriving Sun Valley real estate market. Sun Valley is a vibrant community nestled in the San Fernando Valley, offering a plethora of recreational activities, dining options, and entertainment venues. Outdoor enthusiasts can explore the Verdugo Mountains for hiking and scenic views or enjoy a day at the Sun Valley Recreation Center, featuring sports facilities and picnic areas. The area boasts various restaurants, from local favorites like Salsa & Beer for Mexican cuisine to The Bear Pit for mouth-watering barbecue. For entertainment, residents can catch a movie at the nearby Laemmle NoHo 7 or enjoy live performances at the El Portal Theatre. With its blend of outdoor adventures, diverse dining experiences, and cultural attractions, Sun Valley provides a dynamic and appealing environment for both residents and visitors. Don’t miss out on this unique opportunity to invest in a property with endless potential in a bustling and lively community! ** All potential Buyers are requested to check with the City, County, Zoning, Tax, Schools, and other records to determine all details on this property listed above to their satisfaction. The Buyer is responsible for performing their due diligence before bidding, as the high bidder will receive an "AS-IS" contract with no contingencies, inspections, or warranties.

Details

Property type

Single Family Residence

Est. home value

$570,335

Property condition

Fixer

Lot size

2,747 sq ft

Price per sq ft

$375

Year built

1943

Price History

07/13/2024
CRMLS

CRMLS #IV24136550

Pending
$360,315
07/03/2024
CRMLS

CRMLS #IV24136550

Listed
$360,315

Schools & Community

Neighborhood: 

Sun Valley

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jd Capital Mortgage Corp

Loan start date

July 2006

Original loan amount

$404,000

Est. remaining balance

Not provided

Interest rate

7.2%

Loan type

Not Provided, 30 year

Seller

Jose A Medina

Lender

J D Capital Mortgage Corp

Loan start date

November 2004

Original loan amount

$262,500

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

Not Provided, 30 year

Seller

Jose A Medina

Lender

J D Capital Mortgage Corp

Loan start date

May 2004

Original loan amount

$221,000

Est. remaining balance

Not provided

Interest rate

5.4%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Jose A Medina

Lender

Long Beach Mtg Company

Loan start date

February 2002

Original loan amount

$142,000

Est. remaining balance

Not provided

Interest rate

9.3%

Loan type

Not Provided, 30 year

Seller

Jose A Medina and Connie Gomez

Lender

Long Beach Mtg Company

Loan start date

February 2002

Original loan amount

$142,000

Est. remaining balance

Not provided

Interest rate

9.3%

Loan type

Not Provided, 30 year

Seller

Jose A Medina and Connie Gomez

Lender

Beneficial California

Loan start date

October 2001

Original loan amount

$10,931

Est. remaining balance

$0

Interest rate

6.47%

Loan type

Not Provided, 10 year

Seller

Jose A Medina

Lender

Bank Of America

Loan start date

April 2000

Original loan amount

$115,300

Est. remaining balance

$46,318

Interest rate

8.23%

Loan type

Not Provided, 30 year

Seller

Jose A Medina

Lender

Carmen Martinez

Loan start date

November 1995

Original loan amount

$5,400

Est. remaining balance

Not provided

Interest rate

7.6%

Loan type

Not Provided

Seller

Jose Medina

Lender

Casa Blanca Mtg Inc

Loan start date

September 1995

Original loan amount

$114,343

Est. remaining balance

Not provided

Interest rate

7.6%

Loan type

FHA, 30 year

Seller

Jose Medina and Elias Gonzalez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 10/04/2024 at 4:45 PM

Listing updated: 09/30/2024 at 8:52 AM

Listed by: DREW HERSHEY, REALHOME SERVICES & SOLUTIONS Phone #: (855) 882-1314

MLS: CRMLS #IV24136550

CRMLS logo

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