15919 Sherman Way
Van Nuys, CA, 91406
$2,400,000
Beds
0 Baths
SqFt
0.29 Acres
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Discover an exceptional 12-unit multifamily investment in the heart of Van Nuys, offering a highly desirable unit mix of twelve 1-bedroom, 1-bathroom apartments. With strong rental demand in the area, this property presents tremendous rental upside, making it an ideal opportunity for investors looking to maximize long-term returns.

Residents enjoy convenient on-site Carport parking, ensuring hassle-free living in a high-demand rental market. Additional amenities include on-site laundry, enhancing tenant convenience, and increasing property desirability. Each unit is individually metered for gas and electricity, providing an efficient and cost-effective management structure for owners. Recent upgrades, such as copper plumbing and a brand-new roof installed in 2023, add significant value and reduce future maintenance concerns.

Situated in a prime Van Nuys location, this property offers unparalleled accessibility. The I-405 Freeway is just moments away, connecting tenants to major employment and entertainment hubs throughout Los Angeles. Additionally, the property is located near Van Nuys Airport, the Van Nuys DMV, and a variety of shopping centers, restaurants, and public transit options, ensuring a highly desirable living experience for tenants.

With a strong rental market and ample upside potential, 15915-19 Sherman Way is a rare opportunity to acquire a well-maintained asset in a thriving neighborhood. Don&#39't miss out on this outstanding investment—contact us today for more information!

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Property Details

Price:
$2,400,000
MLS #:
SR25060464
Status:
Active Under Contract
Baths:
0
Address:
15919 Sherman Way
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
vnvannuys
City:
Van Nuys
Listed Date:
Mar 3, 2025
State:
CA
ZIP:
91406
Lot Size:
12,472 sqft / 0.29 acres (approx)
Year Built:
1956
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Community Features
Suburban
Garage Spaces
0.00
Lot Features
11-15 Units/ Acre
Parking Features
Carport
Parking Spots
12.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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15919 Sherman Way
Van Nuys, CA