16731 Sherman Way, Van Nuys, CA 91406

Local realty services provided by:ERA North Orange County Real Estate
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16731 Sherman Way,Van Nuys, CA 91406
$3,295,000
  • 22 Beds
  • 14 Baths
  • 11,326 sq. ft.
  • Multi-family
  • Active
Listed by:jeanette monfared
Office:marcus & millichap
MLS#:25551363
Source:CRMLS

Price summary

  • Price:$3,295,000
  • Price per sq. ft.:$290.92

About this home

INVESTMENT HIGHLIGHTS: 6.54% Cap as of August 2025. 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.

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Home facts

  • Year built:1986
  • Listing Id #:25551363
  • Added:71 day(s) ago
  • Updated:August 22, 2025 at 04:55 PM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:14
  • Living area:11,326 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:1986
  • Building area:11,326 sq. ft.
  • Lot area:0.24 Acres

Finances and disclosures

  • Price:$3,295,000
  • Price per sq. ft.:$290.92
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