16731 Sherman Way, Van Nuys, CA 91406

0 beds 0 baths 10,642 sq.ft.

Offerered at: $3,600,000.00

County: Los Angeles
Year Built: 1986
Association Fees: $0.00/mo.

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.

ESSENTIAL INFO

  • Status: Active