14011 Sherman Way

  • Van Nuys

  • $2,650,000
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Residential Income Details

Description
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.
Essential
MLS #18328126
Price$2,650,000
Number of Units13
Sale TypeStandard
StatusActive
Listing BrokerageMarcus & Millichap
Listing AgentFilip Niculete
Listing Agent BRE #01905352
Interior
CoolingSee Remarks
Exterior
ParkingOther
Community
AreaVN - Van Nuys
Address14011 Sherman Way
CityVan Nuys
CountyLos Angeles
StateCA
ZipCode91405
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Saturday, April 7, 2018. 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.