16731 Sherman Way, Van Nuys, CA, 91406

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$3,295,000
5 Days On Site

16731 Sherman Way
Van Nuys, CA 91406

For Sale|Residential Income|Active
22
Beds
14
Total Baths
11,326
SqFt
$291
/SqFt
1986
Built
County:
Los Angeles
Listed by Jeanette Monfared of Marcus & Millichap [email protected]
16731 Sherman Way16731 Sherman Way16731 Sherman Way16731 Sherman Way
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Monthly Payment (Est.)

$15,033
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$3,295,000
Days On Site 
5 Days
Bedrooms 
22
Inside Area (SqFt) 
11,326 sqft
Total Baths 
14
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2443 Acres
Year Built 
1986
MLS® Number 
25551363
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Acres 
0.2443
Number Of Stories 
1
Parking 
CoveredGatedCommunity Structure
Parking Spaces 
26
Special Circumstances 
Standard
SqFt Total 
11326
Stories 
Multi/Split
Zoning 
LARD1.5
Interior Features
Cooling 
Central Air
Heating 
Central
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Community Features
MLS Area 
LKBL - Lake Balboa


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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