16731 Sherman Way, Van Nuys, CA 91406 - Berkshire Hathaway HomeServices California Properties
16731 Sherman Way Van Nuys, CA 91406
$3,295,000 22 beds, 14 baths
11, 326 sqft

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25551363
List price is $3,295,000
Beds: 22
Baths: 14
Built in 1986
11,326 sqft
0.24 acres
Lot size: 0.2443
County: Los Angeles
Zoning: LARD1.5
Parking description: Controlled Entrance,Covered,Gated,Community Structure
Heating/cooling: Central Air
Heating description: Central
MLS area: LKBL - Lake Balboa

Last Updated: 6/19/2025

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This listing belongs to the LKBL - Lake Balboa MLS area

Lat/Long: 34.201509, -118.497492.
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Listing Agent: Jeanette Monfared
Lic#: 01234982
Office Name: Mission Viejo

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