$3,750,000
-$200,00013915 Sherman Way, Van Nuys CA 91405
Multi-Family (15 Units)
Property type
44 days
On market
$232
Price per sqft
N/A
Garage
1989
Year built
14,002 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Filip Niculete DRE #01905352 818-212-2763, Marcus & Millichap, Glen Scher DRE #01962976 818-212-2808, Marcus & Millichap
Listing updated: May 22, 2026 at 06:45pm.
Last checked: Jun 5, 2026 at 08:30am
Source: CRMLS #26776423
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 1 | 1 | — | $1,711 | $5,134 | $6,600 | Unfurnished |
| 12 | 2 | 2 | — | $2,161 | $25,935 | $31,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 15
Financial Snapshot
Gross Rent Multiplier
10.1x
List Price / Annual Gross Rent
Cap Rate
5.8%
NOI / List Price
Net Operating Income: $217,645
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Gated
Parking Total: 28
Lot Information
Land Lease: No
Parcel #: 2216005004
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 13915 Sherman Way, Van Nuys, CA 91405. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,000,000
Total Interest
$3,826,335
Total Payment
$6,826,335
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$23,018
per month
Property History for 13915 Sherman Way
Van Nuys Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91405.
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