Property Detail

16731 Sherman

Van Nuys CA 91406

$3,600,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Jeanette Monfared of Marcus & Millichap. Last updated 2025-05-14 08:12:19.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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