16731 Sherman Way
Van Nuys, CA 91406 • 22 Bed • 14 Bath • 11,326 sq.ft.

Property summary

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.

Days on market: 8

Listing updated: May 20, 2025 - 12:44:05

Property details

Property ID
25538183
Size
11326 sq.ft.
Home Type
Residential Income
Year Built
1986
Property Size
0.2443 acre
Garage
Levels
Spa
No
Patio
No
Basement
No
View
No
Pool
No

Listed by: Jeanette Monfared DRE #00765098 818-212-2700, Marcus & Millichap - CLAW

Source: CLAW, MLS#: CLW-X75151 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
14
Kitchen
N/A
Cooling
Central Air
Heating
Central
Flooring
N/A
Laundry
N/A
$3,600,000
Property price
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-24 07:31:19 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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