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$2,945,000

Beds
Unknown
sq ft
9,326

14011 Sherman Way, Van Nuys, CA 91405

14011 Sherman Way

Van Nuys, CA 91405

  • 67 days on market
    • Price drop $50,000↓
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 5% interest for 5 years, with a $1,350,000.00 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.

Details

Property type

Apartment

Lot size

0.284 acres

Price per sq ft

$316

Year built

1963

Price History

06/17/2024
CRMLS

CRMLS #SR24083316

Price change
$2,945,000
-1.67%
04/25/2024
CRMLS

CRMLS #SR24083316

Listed
$2,995,000
03/16/2024
CLAW

CLAW #23269877

Removed
$2,995,000

Schools & Community

Neighborhood: 

Van Nuys

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Street Lights

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Washington Mutual Bank

Loan start date

June 2005

Original loan amount

$900,000

Est. remaining balance

Not provided

Interest rate

5.22%

Loan type

Commercial, 30 year

Seller

14011 Sherman Way Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 7:00 AM

Listing updated: 06/17/2024 at 5:03 PM

Listed by: James Antonucci, Keller Williams Realty-Studio City Phone #: (818) 432-1500

MLS: CRMLS #SR24083316

CRMLS logo

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