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SoldSep 12, 2025Residential Income
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16731 Sherman Way

Van Nuys, CA 91406
Beds0
Baths0
Square Ft.11,326
$3,250,000
Listed for $3,295,000 · Sold Sep 12, 2025
Listing provided by Jeanette Monfared, Marcus & Millichap

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.

Listing Snapshot
Days online91
Last updatedApr 30, 2026
Property typeResidential Income
Beds0
Full baths0
Square ft.11,326
Lot size0.24 Acres
Year built1986
MLS number00-25551363

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