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14011 Sherman Way
Van Nuys, CA 91405 Van Nuys

$2,795,000 USD

Apartments For Sale • 9,328 SF

Property Details

Property Type Apartments
Total Building Size 9,328 SF
Lot Size 0.28 AC
Building Class C
Year Built 1963
Cap Rate 5.41 %
Zoning LAR3

50 Transit Score

70 Walk Score

                
                    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

Property Flyers

14011 SHERMAN WAY -MARKETING PACKAGE 2024

Financial Summary (Actual)

Net Operating Income: $149,201 USD (2023)

Cap Rate:	5.41 %
Total Expenses:	$85,415 USD

Amenities

Pool

Public Transportation

Commuter Rail	Drive	Walk	Distance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	3 min	-	1.6 mi
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	5.4 mi
Airport	Drive	Walk	Distance
Bob Hope	8 min	-	4.5 mi
Los Angeles International	32 min	-	22.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	16
Type:	Surface
Included in Rent:	Yes

James Antonucci 818-381-6601 APLA GROUP

14011 Sherman Way Van Nuys, CA 91405 Van Nuys