16745 Sherman Way, Van Nuys, CA 91406

About this fourplex

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

Listing description from the December 2019 sale, as reported to CRMLS.

Sale history

$889,800

Sold December 2019 · listed $899,500, orig. $945,999, on market July 2019 · MLS #SR19162222 · Source: CRMLS

Listing Agent: Levon Nargizyan · Listing Office: Mafyan And Associates Inc. · Contact: 818-842-6800 · Bought with: NATASHA KUAEA · THE IVRI GROUP, INC.

$855,000

Sold March 2018 · listed $905,999, orig. $949,999, on market March 2017 · MLS #217002642 · Source: CRMLS

Listing Agent: Edwin Escamilla · Listing Office: Pacific-Realtors.net · Contact: (818) 991-1500 · Bought with: Levon Nargizyan · Pacific-Realtors.net

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