$2,400,000

15919 Sherman Way Van Nuys, CA 91406

$10,000
Closing credit¹
0.3 acres
Condo

Property details

About 15919 Sherman Way

Discover an exceptional 12-unit multifamily investment in the heart of Van Nuys, offering a highly desirable unit mix of twelve 1-bedroom, 1-bathroom apartments. With strong rental demand in the area, this property presents tremendous rental upside, making it an ideal opportunity for investors looking to maximize long-term returns. Residents enjoy convenient on-site Carport parking, ensuring hassle-free living in a high-demand rental market. Additional amenities include on-site laundry, enhancing tenant convenience, and increasing property desirability. Each unit is individually metered for gas and electricity, providing an efficient and cost-effective management structure for owners. Recent upgrades, such as copper plumbing and a brand-new roof installed in 2023, add significant value and reduce future maintenance concerns. Situated in a prime Van Nuys location, this property offers unparalleled accessibility. The I-405 Freeway is just moments away, connecting tenants to major employment and entertainment hubs throughout Los Angeles. Additionally, the property is located near Van Nuys Airport, the Van Nuys DMV, and a variety of shopping centers, restaurants, and public transit options, ensuring a highly desirable living experience for tenants. With a strong rental market and ample upside potential, 15915-19 Sherman Way is a rare opportunity to acquire a well-maintained asset in a thriving neighborhood. Don't miss out on this outstanding investment—contact us today for more information! This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Highlights

Home typeCondominium
StatusAccepting Backup Offers
(Active Under Contract)
Lot size0.2863 Acres
Year built1956
ParkingCarport
MLS #SR25060464

Summary

  • MLS Number: SR25060464
  • MLS Name: CRMLS
  • Office Name: Keller Williams Realty-Studio City
  • Office Phone: (818) 381-6601
  • Listing Agent: James Antonucci

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of property with stairs

$2,400,000

15919 Sherman Way

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$336,250$5,083
2023$329,720$5,003
2022$323,318$4,809
2021$317,042$4,736
2020$310,650$4,619
2019$304,560$4,516
2018$298,589$4,388
2017$292,735$4,388

History based on county public records data.

Nearby schools

4

Cohasset Elementary School

Public District KG-5

0.4 mi

15810 Saticoy St

6

Bassett Street Elementary School

Public District KG-5

0.5 mi

15756 Bassett St

4

Valerio Elementary School

Public District PK-5

1.1 mi

15035 Valerio St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,717. Residents of Van Nuys, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

32%
<35k
50%
35k-100k
18%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
20%
Single, with Kids
15%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
40%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 15919 Sherman Way

This home is located at 15919 Sherman Way in Van Nuys, CA and zip code 91406 in the The San Fernando Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $2,400,000.

Van Nuys, CA housing market in March 2025 saw over 302 listings sold above listed price, more than 116 sold at listed price and over 322 sold below. The number of listings in Van Nuys, CA increased by 13.7% between February and March 2025. Listings spent 39 days on the market in March 2025, and had a median list price of $940,937 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources