16731 Sherman Way Active Save Request In-Person Tour Request Virtual Tour
Van Nuys,CA 91406
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,326 sqft
Price per Sqft $317
MLS Listing ID 25538183
Bedrooms 22
Year Built 1986
Lot Size 10,642 Sqft
Acres 0.2443
Property Sub-Type Multi-Family
Property 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.
Location
State CA
County Los Angeles
Area Lake Balboa
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Equipment Built-Ins
Exterior
Parking Features Community Garage, Controlled Entrance, Covered Parking, Gated
Garage Spaces 26.0
Building
Story 1
Level or Stories Multi/Split
Others
Special Listing Condition Standard