16745 Sherman Way, Van Nuys, CA 91406

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Property Description

Please Do Not Disturb Tenants. Drive by Only. Property has Up~graded Electrical Panel & All Four Units have been Rewired. Roof is about 10 yrs old. Building has Security Cameras with a 30 day Recorder hard Drive. All tenants are long term tenants. Two units have been Fully remodeled, the other two are just updated. This Multifamily investment consists of 4 Units 1 Bedroom +1 bathroom. The property is subject to rent control with tremendous rental upside. Located in a high demand rental location. Excellent opportunity for an Investor/Developer


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 16745 Sherman Way
City Van Nuys
State CA
Zip 91406
County Los Angeles
Listing Agent Levon Nargizyan DRE #01349548
Co-Listing Agent Mohammad Diab DRE #01882075
Courtesy Of Mafyan And Associates Inc.
Close Price $889,800
Status Closed
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 7,000
Year Built 1949

Listing information courtesy of: Levon Nargizyan, Mohammad Diab, Mafyan And Associates Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 24th, 2019 at 9:53 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.