16745 Sherman Way
Van Nuys, CA 91406

Bd   Ba   Sqft   195 Days
Please Do Not Disturb Tenants. Drive by Only. Property has New Electric Motor Gate, New 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.
  • $0 HOA
  • —/Sqft
  • MLS#217002642 provided by Edwin Escamilla of Pacific Realtors
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 2 months ago

Home Features for 16745 Sherman Way, Van Nuys

Year Built: 1949
Property Condition: Updated/Remodeled
Lot Size Acres: 0.16
Lot Size Square Feet: 7000
Lot Size Units: Square Feet
Lot Size Area: 7000
Parcel Number: 2226019005
Special Listing Conditions: Standard
Standard Status: Active
Interior
Flooring: Carpet
Exterior
Entry Location: Ground Level W/Steps
Foundation Details: Raised
Roof: Shingle
Parking Features: Garage, Garage - Single Door
Parking Total: 5
Garage Spaces: 5
Property Attached Y/N: 1
Amenities / Utilities
Appliances: Water Heater Unit
Laundry Features: None
Location
Subdivision Name Other: Not Applicable - 1007242
Subdivision Name: Not Applicable - 1007242
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Compare Similar Homes for 16745 Sherman Way, Van Nuys

Movoto doesn't have sqft for this home. The value of the home is $948/Sqft based on the average of the following nearby homes for sale.
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YOU
ARE
HERE
16745 Sherman Way
  • $925,999
  • For Sale

    195 days

  • — Bd
  • — Ba
  • 7,000 Sqft Lot
  • Built 1949

Property History for 16745 Sherman Way, Van Nuys

Status
Date
Price
Price Change
Apr 19, 2017
$925,999
Listed
Mar 12, 2017
$949,999
#217002642
Listed
Mar 10, 2017
$925,999
#217002642

Real Estate Market Statistics for 16745 Sherman Way, Van Nuys

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16745 Sherman Way

No data!
Lake Balboa
Van Nuys
91406
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$925K

16745 Sherman Way

$589K

Lake Balboa

7% y/y

Lake Balboa

$582K

91406

-2% y/y

91406

$560K

Van Nuys

-1% y/y

Van Nuys

See all trends for Van Nuys

Public Record for 16745 Sherman Way, Van Nuys

4 Beds
4 Baths
2,076 Sqft Building Area
Quadruplex (4 units, any combination)
7,000 Sqft Lot Size
1949 Year Built
12/06/2011 Last Sale Date
As of today, , there are 38 properties listed for sale in ZIP code 91406 and 75 properties listed for sale in the city of Van Nuys, CA. Of those 75 properties, there are 50 single family houses and 25 condos. The current list price for 16745 Sherman Way is $925,999, which is 65% above the median price of $560,000 for Van Nuys and 59% above the median of $582,500 for 91406. 16745 Sherman Way is approximately — Sqft, which is 100% below the median size in Van Nuys of 1,401 square feet and 100% below the median size in 91406 of 1,534 Sqft. This property's price per Sqft is —, which is 100% below the median in 91406 of $375 and 100% below the Van Nuys median of $365.
Built in 1949, this multi family house at 16745 Sherman Way comes with 5 parking spots. It is listed on 03/10/2017. 16745 Sherman Way is located in the Lake Balboa neighborhood in the Los Angeles Unified School District. The closest school is Gault Street Elementary School.

16745 Sherman Way has been on the market for 195 days. The median days on the market for properties in this area is 23 with a median list price of $560,000 and median cost per square foot of $365. It's currently listed as active under the MLS #217002642.

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