15919 Sherman Way, Van Nuys, CA

$2,400,000

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1

Bed

1

Bath

0.29

Acres

About 15919 Sherman Way

Discover an exceptional 12-unit multifamily investment in the heart of Van Nuys, offering a highly desirable unit mix of twelve 1-bedroom, 1-bathroom apartments. With strong rental demand in the area, this property presents tremendous rental upside, making it an ideal opportunity for investors looking to maximize long-term returns. Residents enjoy convenient on-site Carport parking, ensuring hassle-free living in a high-demand rental market. Additional amenities include on-site laundry, enhancing tenant convenience, and increasing property desirability. Each unit is individually metered for gas and electricity, providing an efficient and cost-effective management structure for owners. Recent upgrades, such as copper plumbing and a brand-new roof installed in 2023, add significant value and reduce future maintenance concerns. Situated in a prime Van Nuys location, this property offers unparalleled accessibility. The I-405 Freeway is just moments away, connecting tenants to major employment and entertainment hubs throughout Los Angeles. Additionally, the property is located near Van Nuys Airport, the Van Nuys DMV, and a variety of shopping centers, restaurants, and public transit options, ensuring a highly desirable living experience for tenants. With a strong rental market and ample upside potential, 15915-19 Sherman Way is a rare opportunity to acquire a well-maintained asset in a thriving neighborhood. Don't miss out on this outstanding investmentcontact us today for more information! This information has been secured from sources we believe to be reliable, but we make no

Features of 15919 Sherman Way

MLS® # SR25060464
Price $2,400,000
Bedrooms 1
Bathrooms 1.00
Acres 0.29
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 15919 Sherman Way
City Van Nuys
County Los Angeles
State CA
Zip Code 91406

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes

Additional Information

Date Listed March 3rd, 2025
Days on Market 22
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty-Studio City

Listing Map

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