15
See all 15 photos
$3,600,000
Est. payment /mo
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
Listing Status Active
Purchase Type For Sale
Square Footage 11,326 sqft
Price per Sqft $317
MLS Listing ID 25538183
Bedrooms 22
HOA Y/N No
Year Built 1986
Lot Size 10,641 Sqft
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 Lkbl - Lake Balboa
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Controlled Entrance, Covered, Gated, Community Structure
Total Parking Spaces 26
Building
Story 1
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2226018020
Special Listing Condition Standard
Listed by Jeanette Monfared • Marcus & Millichap