Los Angeles County  »  91406  »  Sherman Way  »  16500 Sherman Way

Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406 - Property report

Also known as: 16500 Sherman Way

Property image for Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406
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Property type

Store - One Story (1100)

Year built

1994

Acreage

0.736

Sale price

$24,250,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
16500 Sherman Way
Van Nuys, CA 91406
Zip code
91406
Neighborhood
Lake Balboa
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406. Uncover corporate and individual owners with a free account.

Building
Property type
Store - One Story
Building sq. ft.
10,400
Buildings on lot
1
Stories
1
Year built
1994
Last altered
1996
Sales
Sale date
06/02/2016
Sale price
$24,250,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$87,746
Zoning & use
Zoning
Qualified opportunity zone
Units
4
Lot
Acreage
0.736

Area overview

Walk score
68 /100.  Somewhat Walkable
Transit score
44 /100.  Some Transit
Bike score
51 /100.  Bikeable
School district
Los Angeles Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership information for Airport Plaza - 16500 Sherman Way, Van Nuys, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406

Sale date Sale price Buyer name Seller name
06/02/2016 $24,250,000 XXXXXXX XXXXXXX XXX XX XXXXXXXX
12/17/2007 $18,000,000 XX XXXXXXXX XX XXXXXXXX
10/05/1999 $10,750,107 XX XXXXXXXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
06/02/2016 Grant Deed
(Sale for consideration - full DTT - 2 parcels in multiple sale)
XX XXXXXXXX XXXXXXX XXXXXXX XXX
12/17/2007 Deed XX XXXXXXXX XX XXXXXXXX
10/05/1999 Deed
(Sale for consideration - full DTT - 2 parcels in multiple sale)
XX XXXXXXXX
03/27/1997 Deed XXXX XXXXXXXXXX XXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Airport Plaza - 16500 Sherman Way, Van Nuys, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$87,746
Current property tax
$90,596
Recent tax assessments
Market value
$7,389,731
Land value
$4,618,582
Building value
$2,771,149

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $7,244,835 1.1874 $86,025 +0.95%
2024-2025 $7,102,781 1.1997 $85,212 +2.03%
2023-2024 $6,963,512 1.1994 $83,520 +4.97%
2022-2023 $6,826,973 1.1655 $79,568 +1.16%
2021-2022 $6,693,112 1.1752 $78,657 -1.06%
2020-2021 $6,624,483 1.200129 $79,502 +6.33%
2019-2020 $6,367,248 1.174279 $74,769 +0.14%
2018-2019 $6,242,400 1.196 $74,662 +2.26%
2017-2018 $6,120,000 1.193 $73,013 +152.23%
2016-2017 $2,428,797 1.1918 $28,948 +1.51%

Special assessments & penalties for Airport Plaza - 16500 Sherman Way, Van Nuys, CA

Code Description Tax levied
06181 Greater L.A. County Vector Control District
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1
18885 Los Angeles-Prop 218 Street Light Maintenance
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W

Permit information for Airport Plaza - 16500 Sherman Way, Van Nuys, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
05/31/2022

*Most recent permit on record for this property.

More about Los Angeles County property records

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Demographics by ZIP code

Total population
51,953
Median age
37.5
Average household income
$103,777
Family households
64.1%
People per household (average)
2.72
Occupied housing units
19,029
Owner-occupied units
40.6%
Median year structure built
1965
Median value mortgaged units
$841,400
Median value unmortgaged units
$690,500

Risk

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FEMA flood zones

FEMA flood zones
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Seismic gas shut-off valve installed
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406?

The development at Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406 was built in 1994.

What is the market value of Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406?

The current market value of Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406 is $7,244,835.

What is the total square footage of Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406?

Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406 has a total of 10,400 square feet.

What is the price per square foot for this property?

$2,331 per square foot is the price for Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

How many active listings does Airport Plaza - 16500 Sherman Way, Van Nuys, CA 91406 have?

This address has 1 active listing(s).

Disclaimer

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