Back 16731 Sherman Way
Off Market

16731 Sherman Way

Los Angeles CA 91406

22
14
26
11326 sq. ft.
10642 sq. ft.
Other
Last sold for $3,250,000
Jeanette MonfaredJeanette Monfared, last sold this property on 12 September 2025 after 121 days on market.

Overview

INVESTMENT HIGHLIGHTS: 6.54% Cap as of August 2025. Desirable 1986- built property with mostly two bedrooms units; One unit delivered vacant; Assumable loan in the amount of approximately $1,500,000 at 4 48 % interest rate until mid 2026; Large frontage on a quiet section of Sherman Way; Great curb appeal and landscaping; All units have central heating and air conditioning units; All units have individual water heaters, owner only pays for gas for laundry room; Copper plumbingRepaved walk-ways; Ample parking spaces, each unit gets two parking spaces for a total of 26 spots; Security cameras installed throughout the property; Intercom access; Gated and secured property; Possibility of tenants paying their share of water, sewer, trash, and common area electricity bills through implementing the RUBS program.

Features

22 bedrooms
14 bathrooms
26 carspaces
11326 sq. ft. floor area
10642 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 22 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 16731 Sherman Way

2025
Sold
$3,250,000
12 Sep 2025 by Jeanette Monfared, of Marcus & Millichap

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88%
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