17610 Sherman Way 17610 Sherman Way
4 Unit Apartment Building $2,500,000 ($625,000/Unit) 4.52% Cap Rate Van Nuys, CA 91406
INVESTMENT HIGHLIGHTS
- Newly constructed (2024) multifamily building with four units
- Property is delivered 100% vacant
- Buildings totals ±5,007 SF, situated on a ±7,494 SF lot
- Excellent Unit Mix: (2) 2+2.5, (1) 3+1.5, (1) 3+2.5 units
- Separate electric and gas meters
EXECUTIVE SUMMARY
Broker of Record
David Harrington
License No. 02168060 (CA)
David Harrington
License No. 02168060 (CA)
PROPERTY FACTS
| Price | $2,500,000 |
| Price Per Unit | $625,000 |
| Sale Type | Investment |
| Cap Rate | 4.52% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 5,007 SF |
| No. Stories | 2 |
| Year Built | 2024 |
1 of 1
Walk Score®
Very Walkable (79)
ZONING
| Zoning Code | LARD2 |
