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.
For sale
$3,600,000
16731 Sherman Way, Van Nuys, CA 91406
22beds
14baths
11,326sqft
Est.:
Multi Family
Built in 1986
-- sqft lot
$3,492,300 Zestimate®
$318/sqft
$-- HOA
What's special
Repaved walk-waysAmple parking spacesGreat curb appealCopper plumbingIndividual water heaters
- 10 days
- on Zillow |
- 105 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: May 19, 2025 at 05:11pm
Listed by:
Jeanette Monfared DRE # 00765098 310-245-5600,
Marcus & Millichap 818-212-2700
Source: CLAW,MLS#: 25538183

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 14
Heating
- Central
Cooling
- Central Air
Features
- Built-Ins
Interior area
- Total structure area: 11,326
- Total interior livable area: 11,326 sqft
Property
Parking
- Total spaces: 26
- Parking features: Community Structure, Secured, Covered, Gated
- Has garage: Yes
Features
- Levels: Multi/Split
- Stories: 1
Lot
- Size: 10,641.71 Square Feet
- Dimensions: 76 x 120
Details
- Additional structures: None
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1986
Community & HOA
Location
- Region: Van Nuys
Financial & listing details
- Price per square foot: $318/sqft
- Date on market: 5/13/2025
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