Los Angeles County  »  91406  »  Sherman Way  »  15950 Sherman Way

Fairmont - 15950 Sherman Way, Van Nuys, CA 91406 - Property report

Also known as: 15950 Sherman Way

Property image for Fairmont - 15950 Sherman Way, Van Nuys, CA 91406
static Mapbox map

Property type

Five or More Apartments or Units - 4 Stories or Less (0500)

Year built

1983

Acreage

3.603

Sale price

$50,035,000

General Information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
15950 Sherman Way
Van Nuys, CA 91406
Zip code
91406
Neighborhood
Van Nuys
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns Fairmont - 15950 Sherman Way, Van Nuys, CA 91406. Uncover corporate and individual owners with a free account.

Building
Property type
Five or More Apartments or Units - 4 Stories or Less
Building sq. ft.
116,961
Buildings on lot
1
Stories
4 or less
Year built
1983
Last altered
1984
Sales
Sale date
12/24/2019
Sale price
$50,035,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$675,894
Zoning & use
Zoning
Qualified opportunity zone
Units
146
Lot
Acreage
3.603

Area overview

Walk score
56 /100.  Somewhat Walkable
Transit score
44 /100.  Some Transit
Bike score
53 /100.  Bikeable
School district
Los Angeles Unified School District
Weed hazard
Yes

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership information for Fairmont - 15950 Sherman Way, Van Nuys, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Fairmont - 15950 Sherman Way, Van Nuys, CA 91406

Sale date Sale price Buyer name Seller name
12/24/2019 $50,035,000 XXXXX XXXXXX XXXXXXXXXX XX XXXXX XXXXXX XX

*Most recent sale on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
08/08/2022 Agreement XXXXXXXXXX XXXXX XXX XXXXXX XXXXXXXXXX XXXXXXXXXX XXXXX XXX XXXXXX XXXXXXXXXX
12/24/2019 Restriction XXXXX XXXXXX XXXXXXXXXX XX
12/24/2019 Agreement XXXXXX XXXXXX XXXXXXX XXX XXXXX XXXXXXXXXXX XXXXXX XXXXXX XXXXXXX XXX XXXXX XXXXXXXXXXX
12/24/2019 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
XXXXX XXXXXX XX XXXXX XXXXXX XXXXXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Fairmont - 15950 Sherman Way, Van Nuys, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$675,894
Current property tax
$12,712
Recent tax assessments
Market value
$56,922,170
Land value
$39,791,731
Building value
$17,067,439

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $55,807,285 1.1874 $662,656 +0.95%
2024-2025 $54,714,261 1.1997 $656,407 +2.02%
2023-2024 $53,643,053 1.1994 $643,395 +4.96%
2022-2023 $52,592,472 1.1655 $612,965 +1.16%
2021-2022 $51,562,491 1.1752 $605,962 -1.06%
2020-2021 $51,034,432 1.200129 $612,479 +357.19%
2019-2020 $11,408,270 1.174279 $133,965 +0.08%
2018-2019 $11,192,105 1.196 $133,863 +2.17%
2017-2018 $10,981,601 1.193 $131,013 +2.14%
2016-2017 $10,762,334 1.1918 $128,271 +1.41%

Special assessments & penalties for Fairmont - 15950 Sherman Way, Van Nuys, CA

Code Description Tax levied
06181 Greater L.A. County Vector Control District
00194 Health License Fees
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement

Permit information for Fairmont - 15950 Sherman Way, Van Nuys, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
06/04/2024
10/01/2022
07/06/2021
06/24/2021
12/03/2020

*Most recent permits on record for this property.

More about Los Angeles County property records

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Demographics by ZIP code

Total population
51,953
Median age
37.5
Average household income
$103,777
Family households
64.1%
People per household (average)
2.72
Occupied housing units
19,029
Owner-occupied units
40.6%
Median year structure built
1965
Median value mortgaged units
$841,400
Median value unmortgaged units
$690,500

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Seismic gas shut-off valve installed
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for Fairmont - 15950 Sherman Way, Van Nuys, CA 91406 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for Fairmont - 15950 Sherman Way, Van Nuys, CA 91406?

The development at Fairmont - 15950 Sherman Way, Van Nuys, CA 91406 was built in 1983.

What is the total square footage of Fairmont - 15950 Sherman Way, Van Nuys, CA 91406?

Fairmont - 15950 Sherman Way, Van Nuys, CA 91406 has a total of 116,961 square feet.

When was Fairmont - 15950 Sherman Way, Van Nuys, CA 91406 last sold and what was the sale price?

Fairmont - 15950 Sherman Way, Van Nuys, CA 91406 was last sold on 12/24/2019 for $50,035,000.

What is the assessed value of Fairmont - 15950 Sherman Way, Van Nuys, CA 91406?

Fairmont - 15950 Sherman Way, Van Nuys, CA 91406 is currently assessed at $55,807,285.

What are the property taxes for Fairmont - 15950 Sherman Way, Van Nuys, CA 91406?

The property taxes for Fairmont - 15950 Sherman Way, Van Nuys, CA 91406 total $662,655.

How many residential units does this building have?

This building has 146 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account