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Listed by: Filip Niculete (818) 212-2817 DRE #01905352, Glen Scher DRE #01962976 | Marcus & Millichap (818) 212-2700
$3,750,000
27 Beds
33 Baths
16,144sqft
13915 Sherman Wy, Van Nuys, CA 91405
$3,750,000
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Multi Family
Built in 1989
$-- HOA
14,002 sqft lot
$232/sq.ft
Description
We are proud to present 13915 Sherman Way, a 15-unit townhouse-style multifamily property on Van Nuys's Sherman Way transit corridor. Built 1989, the property comprises 12 two-bedroom/2.5-bath townhomes and three one-bedroom flats across 16,144 SF on a 13,998 SF lot. Two-story wood frame with individually metered gas and electric, a community pool, on-site laundry, and 28 surface parking spaces. The property is RSO-exempt and subject only to AB 1482.The investment case is near-term rent capture with no capital requirement. Current gross scheduled rent of $372,828 grows to $460,800 at pro forma market rents of $2,650 TH / $2,200 flat approximately 23.6% upside. Two legacy...
Continue Reading- Houzeo last checked: 9 minutes ago
- Listing updated: June 10, 2026 at 9:34 pm
- Source: California Regional MLS-CA | MLS#: 26776423
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1989
HOA Fees
-
Finished Area
16,144 sqft
Lot Size
14,002 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26776423
MLS Status
Pending
Days on Market
104
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