14011 Sherman Way - Apartments FOR SALE


Van Nuys, CA 91405
$2,795,000 USD
818-381-6601
14011 Sherman Way, Van Nuys, CA for Sale
$2,795,000 USD
Apartments - FOR SALE
1/18
null | 5.41% Cap Rate

14011 Sherman Way
Van Nuys, CA 91405


HIGHLIGHTS

  • SELLER FINANCING AVAILABLE 4.75% INTEREST RATE 5 YEARS
  • Great Van Nuys Location
  • 44.56 GRM & 5.41% Cap Rate
  • Individually Metered for Gas and Electricity
  • Located On Major Thoroughfare
  • On-Site Parking | Seismic Retrofitting Completed

OVERVIEW

Welcome to 14011 Sherman Way, a well-positioned 13-unit apartment building located in the heart of Van Nuys, California. This property offers a diverse selection of units designed to suit various lifestyles and needs. What sets this property apart is the unique opportunity for owner financing at attractive terms. Take advantage of owner financing at 4.95% interest for 5 years, with a $1,257,750 downpayment, making this investment more accessible and appealing for potential buyers. Located in Van Nuys, this property enjoys proximity to local amenities, schools, parks, and major transportation routes, making it an attractive choice for renters and investors alike. Whether you're looking to expand your investment portfolio or secure a stable income-generating property, 14011 Sherman Way offers a compelling opportunity. Contact us today to learn more about this exciting investment with flexible financing options. Don't miss out on this chance to own a valuable piece of Van Nuys real estate. Schedule your private showing and explore the potential of this impressive apartment building. The Unit Mix is (1) One-Studio, (7) Seven One Bedroom and One Bath Units, (4) Four Two Bedroom and One Bath Units, and (1) Two Bedroom and Two Bath Units. Each unit features contemporary interiors with well-appointed kitchens, inviting living areas, and comfortable bedrooms. Residents will appreciate the convenience of on-site laundry facilities and dedicated parking spaces.

FOR SALE DETAILS

PRICE

$2,795,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

13

PRICE/UNIT

$215,000

CAP RATE

5.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Owner Financing Available! 4.95% for 5 Years!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,366 SF

ZONING

LAR3

APN/PARCEL ID

2216-002-041

ASK ABOUT THIS PROPERTY

James AntonucciAPLA GROUPMore Info
818-381-6601

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James AntonucciAPLA GROUPMore Info
818-381-6601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.