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14043 Sherman Way

Van Nuys, CA 91405
  • $4,500,000
  • STATUS: Active
  • ON SITE: 50 Days
  • ID#: SR22066588
UPDATED: 33 min ago
$4,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,500
    SQFT
  • $1,800
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1965
County:

School Ratings & Info

Description

Calling all Multi-Family investors & developers! 14043-14041 Sherman Way located in the heart of Van Nuys, this commercial property has a huge future potential for a multi-unit residential building of 44+ units. Great opportunity to bring the next multi-family development to a city that is constantly growing & revamping, changing with the times & centrally located near everything a family could possibly need. The plan approval is estimated for two years. While the building plans and permits are getting approved, the commercial retail spaces are generating income. Currently occupied by restaurant and flower shop. For more information on plans and current income please contact listing agents.

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Based on information from CRISNet MLS as of 2022-05-25T15:57:03.207. 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. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-05-25T15:57:03.207. 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. Properties may or may not be listed by the office/agent presenting the information.
www.searchhomesincalifornia.com/homes/127379633
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14043 Sherman Way Van Nuys, CA 91405

  • Price: $4,500,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 33 min ago
  • ID#: SR22066588
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,500
SQFT
$1,800
$/SQFT
1965
Built
Neighborhood:
Vn - Van Nuys
County:
Los Angeles
Area:
Vn - Van Nuys
Property Description
Calling all Multi-Family investors & developers! 14043-14041 Sherman Way located in the heart of Van Nuys, this commercial property has a huge future potential for a multi-unit residential building of 44+ units. Great opportunity to bring the next multi-family development to a city that is constantly growing & revamping, changing with the times & centrally located near everything a family could possibly need. The plan approval is estimated for two years. While the building plans and permits are getting approved, the commercial retail spaces are generating income. Currently occupied by restaurant and flower shop. For more information on plans and current income please contact listing agents.
Interior Features

Retail Square Footage 2500

Property Features

Additional Parcels YN No Building Status Existing Gross Scheduled Income 90000.00 Investment Property YN Yes Land Use Retail Laundry Features None Net Operating Income 56500.00 Operating Expense 33500.00 Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public

Listing provided courtesy of Ebby Shooshani, CA DRE# 01782903, of Sync Brokerage, Inc..


Based on information from CRISNet MLS as of 2022-05-25T15:57:03.207. 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. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-05-25T15:57:03.207. 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. Properties may or may not be listed by the office/agent presenting the information.
 
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