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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

Marcus & Millichap

818-212-2700

Last updated:

June 18, 2025, 02:14 PM

MLS#

25551363

Source:

CA CLAW

About This Home

16731 Sherman Way

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.

Home Facts

Multi-Family

14 Baths

22 Bedrooms

Built in 1986

Price Summary

3,295,000

$290 per Sq. Ft.

MLS #:

25551363

Last Updated:

June 18, 2025, 02:14 PM

Added:

7 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

22

Bathrooms

Total Bathrooms:

14

Interior

Living Area:

11,326 Sq. Ft.


Structure

Structure

Year Built:

1986


Lot

Lot Size (Sq. Ft):

10,642


Finances & Disclosures

Finances

Price:

$3,295,000

Price per Sq. Ft:

$290 per Sq. Ft.

Source:CA CLAW
The information being provided by The MLS/Claw is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 The MLS/Claw All rights reserved.

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