Van Nuys, CA 91406,16731 Sherman Way
Van Nuys, CA 91406,16731 Sherman Way
Van Nuys, CA 91406,16731 Sherman Way
15
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$3,600,000
Est. payment /mo
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22 Beds
14 Baths
11,326 SqFt
New

16731 Sherman Way Van Nuys, CA 91406

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,326 sqft

Price per Sqft $317

MLS Listing ID 25538183

Bedrooms 22

Year Built 1986

Lot Size 10,642 Sqft

Acres 0.2443

Property Sub-Type Multi-Family

Property Description

INVESTMENT HIGHLIGHTS: Desirable 1986- built property with mostly two bedrooms units; One unit delivered vacant; Assumable loan in the amount of approximately $1,500,000 at 4 48 % interest rate until mid 2026; Large frontage on a quiet section of Sherman Way; Great curb appeal and landscaping; All units have central heating and air conditioning units; All units have individual water heaters, owner only pays for gas for laundry room; Copper plumbingRepaved walk-ways; Ample parking spaces, each unit gets two parking spaces for a total of 26 spots; Security cameras installed throughout the property; Intercom access; Gated and secured property; Possibility of tenants paying their share of water, sewer, trash, and common area electricity bills through implementing the RUBS program.

Location

State CA

County Los Angeles

Area Lake Balboa

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Built-Ins

Exterior

Parking Features Community Garage, Controlled Entrance, Covered Parking, Gated

Garage Spaces 26.0

Building

Story 1

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

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agent

Nancy Archambault

Agent | RE.Nevada S.0067045.LLC

+1(702) 610-6822

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16731 Sherman Way