CA > Van Nuys
Van Nuys, CA 91406,16731 Sherman WAY
Van Nuys, CA 91406,16731 Sherman WAY
Van Nuys, CA 91406,16731 Sherman WAY
Van Nuys, CA 91406,16731 Sherman WAY
Van Nuys, CA 91406,16731 Sherman WAY
Van Nuys, CA 91406,16731 Sherman WAY
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Kit Jin

Kit Jin

+1(949) 688-3629
$ 3,295,000
Est. payment | /mo

22 Beds

14 Baths

11,326 SqFt

Save
$ 3,295,000
Est. payment | /mo
Save

22 Beds

14 Baths

11,326 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,326 sqft

Price per Sqft $290

MLS Listing ID 25551363

Bedrooms 22

HOA Y/N No

Year Built 1986

Lot Size 10,641 Sqft

Property Description

INVESTMENT HIGHLIGHTS: 6.54% Cap as of August 2025. 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

California Regional MLS (CRMLS)
Listed by Jeanette Monfared • Marcus & Millichap
agent-avatar

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(949) 688-3629

kit@jinshomegroup.com

20 Corporate Park # 175, Irvine, CA, 92606, United States

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16731 Sherman WAY