- 8 Beds
- 5 Baths
- 11,326 Sqft
- .24 Acres
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.
Essential Information
- MLS® #25551363
- Price$3,295,000
- Bedrooms8
- Bathrooms5.00
- Square Footage11,326
- Acres0.24
- Year Built1986
- TypeResidential Income
- StatusActive Under Contract
Community Information
- Address16731 Sherman Way
- AreaLKBL - Lake Balboa
- CityVan Nuys
- CountyLos Angeles
- Zip Code91406
Amenities
- Parking Spaces26
Parking
Controlled Entrance, Covered, Gated, Community Structure
Garages
Controlled Entrance, Covered, Gated, Community Structure
Interior
- HeatingCentral
- CoolingCentral Air
- # of Stories1
- StoriesMulti/Split
Additional Information
- Date ListedJune 11th, 2025
- Days on Market75
- ZoningLARD1.5
Listing Details
- AgentJeanette Monfared
- OfficeMarcus & Millichap
Price Change History for 16731 Sherman Way, Van Nuys, (MLS® #25551363)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – |
Jeanette Monfared, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of August 25th, 2025 at 1:51am PDT. 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.