16731 Sherman Way, Van Nuys, CA 91406

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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:66 day(s) ago
  • Updated:August 17, 2025 at 01:19 PM

Rooms and interior

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

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

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
Based on information from California Regional Multiple Listing Service, Inc. as of August 17, 2025 . 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. 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, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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