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.
Property Details
Price:
$3,600,000
MLS #:
25538183
Status:
Active
Baths:
0
Address:
16731 Sherman Way
Type:
Residential Income
Neighborhood:
lkbllakebalboa
City:
Van Nuys
Listed Date:
May 12, 2025
State:
CA
ZIP:
91406
Lot Size:
10,642 sqft / 0.24 acres (approx)
Year Built:
1986
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Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Community Structure, Controlled Entrance, Covered, Gated
Parking Spots
26.00
Stories Total
1
Financial
Map
Community
- Address16731 Sherman Way Van Nuys CA
- AreaLKBL – Lake Balboa
- CityVan Nuys
- CountyLos Angeles
- Zip Code91406
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16731 Sherman Way
Van Nuys, CA
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