Residential Income Details
We are proud to present this 13-unit apartment building located at 14011 Sherman Way in Van Nuys, CA. The building consists of one studio, seven one-bedroom/one-bathroom units, four two-bedroom/two-bathroom units, and one two-bedroom/two-bathroom townhouse style unit. For the comfort and convenience of the tenants, this property has ample parking, on-site laundry, and a pool for all to enjoy. This quiet and up and coming area with great location allows residents to find work in the local business sector, direct access to the 405 freeway as well as Amtrak and Metrolink rail which gives easy access to commute to downtown. This investment offering provides a savvy investor the opportunity to capitalize on the existing low rents and own an investment property in a strong and centrally located rental pocket of Van Nuys. The potential yield this property has to offer is one of a kind.
|Number of Units||13|
|Listing Brokerage||Marcus & Millichap|
|Listing Agent||Filip Niculete|
|Listing Agent BRE #||01905352|
Based on information from California Regional Multiple Listing Service, Inc. as of Saturday, April 7, 2018.
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