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Sold for $2,340,000 on 05/30/25
  • Listing Provided by: 

    James Antonucci DRE #01822661 818-381-6601,

    Keller Williams Realty-Studio City,

    Michael Pesci DRE #01274379 818-432-1627,

    Keller Williams Studio City

    $2,340,000

    15919 Sherman Way, Van Nuys, CA 91406

    12beds
    12baths
    7,950sqft
    Multi Family
    Built in 1956
    -- sqft lot
    $2,330,500 Zestimate®
    $294/sqft
    $-- Estimated rent

    What's special

    Discover an exceptional 12-unit multifamily investment in the heart of Van Nuys, offering a highly desirable unit mix of twelve 1-bedroom, 1-bathroom apartments. With strong rental demand in the area, this property presents tremendous rental upside, making it an ideal opportunity for investors looking to maximize long-term returns. Residents enjoy convenient on-site Carport parking, ensuring hassle-free living in a high-demand rental market. Additional amenities include on-site laundry, enhancing tenant convenience, and increasing property desirability. Each unit is individually metered for gas and electricity, providing an efficient and cost-effective management structure for owners. Recent upgrades, such as copper plumbing and a brand-new roof installed in 2023, add significant value and reduce future maintenance concerns. Situated in a prime Van Nuys location, this property offers unparalleled accessibility. The I-405 Freeway is just moments away, connecting tenants to major employment and entertainment hubs throughout Los Angeles. Additionally, the property is located near Van Nuys Airport, the Van Nuys DMV, and a variety of shopping centers, restaurants, and public transit options, ensuring a highly desirable living experience for tenants. With a strong rental market and ample upside potential, 15915-19 Sherman Way is a rare opportunity to acquire a well-maintained asset in a thriving neighborhood. Don't miss out on this outstanding investment—contact us today for more information! This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

    Zillow last checked: 7 hours ago

    Listing updated: June 02, 2025 at 03:54pm

    Listing Provided by:

    James Antonucci DRE #01822661 818-381-6601,

    Keller Williams Realty-Studio City,

    Michael Pesci DRE #01274379 818-432-1627,

    Keller Williams Studio City

    Bought with:

    James Antonucci, DRE #01822661

    Keller Williams Realty-Studio City

    Michael Pesci, DRE #01274379

    Keller Williams Studio City

    Source: CRMLS,MLS#: SR25060464MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,950
    • Total interior livable area: 7,950 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Carport
    • Carport spaces: 12
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.29 Acres
    • Features: 11-15 Units/Acre
    Details
    • Additional parcels included: 2206036004
    • Parcel number: 2206036003
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Van Nuys

    Other

    Other facts
    • Listing terms: Cash to New Loan
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,330,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,330,500