Updated 1 Day Ago
Location
16000 Sherman Way, Van Nuys, CA 91406, USA|Lake Balboa
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Property Overview
16000 SHERMAN WAY earns a strong overall impression with an 8.1 Zumper expert rating, driven by standout price and location scores, along with solid amenities and trustworthiness. It also ranks in the 86.49th percentile for value per square foot, suggesting a compelling mix of cost efficiency, convenience, and quality.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Dishwasher
- Images Available
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 780 sqft | $1,900 /mo | 1 unit available | For availability and leasing information, contact us today! https www lbpm com properties-a the-fairmont-apartments | |
| 2BR/2.0BA | 2 bed | 2 bath | 1,000 sqft | $2,400 /mo | 1 unit available | LARGE 2 + 2 recently remodeled Special move in on approved credit and 1 year lease: half month free Call 818-782-1600 for appointment Completely remodeled units with hard floors, stainless steel appliances, new shower doors, new blinds....... Non smoking building Cats are welcome Medically necessary service and companion animals are excluded from the no pet policy. Welcome to the Fairmont apartments, a wonderful apartment community with sparkling pool and jacuzzi and take advantage of the on-site laundry, gated entrance and parking, elevators Elegant indoors: spacious 1 and 2 bedroom apartments, central a/c and heat, cozy tile fireplace, carpet or laminate floors, large linen, mirror door or walk-in closets throughout entire apartment gas stove and oven, double sink with garbage disposal, balcony. At the Fairmont apartments, you are close to transportation, shopping and entertainment. Great location near 405 fwy, easy access to fwy. 101, 118, 5, 210. Within blocks of Woodley-Balboa park. Contact us for an appointment at 818-782-1600. prices are subject to change availability is first come first serve pictures may not be of exact floor-plan Fair housing opportunity provider. https www lbpm com properties-a the-fairmont-apartments |
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Amenities for 16000 SHERMAN WAY
Appliances
| Dishwasher | Microwave |
| Range | Stove |
Services
| Water and Trash |
Other
| Water, Trash, & Sewer |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 101 |
|---|
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About 16000 SHERMAN WAY
https lbpm com properties-a The-Fairmont-Apartments
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 16000 SHERMAN WAY is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 16000 SHERMAN WAY has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
16000 SHERMAN WAY stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
16000 SHERMAN WAY goes above and beyond to provide sought-after conveniences and desirable perks, including water and trash. Renters looking for popular or luxurious features will find them here—and for that reason, 16000 SHERMAN WAY receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
16000 SHERMAN WAY is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 16000 SHERMAN WAY does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Reviews from the web
Showing 4 highest rated
Excellent Management here. This is very clean, and a very quiet building.
A Khlass
Mar 04, 2015
This is not a good building… this building has a lot of mixed races.. sad to say the ones from other countries have no respect .. they look at you like you a criminal in your own country and shouldn’t be here.. parking is a mess they park when and how they choose too management is the worse and she is very aware of who her tenants are.. if she had to choose a side you’d better speak another language and be from another country to have any compassion from her..she think it’s they building ..be careful if your of color..period
Star Bynum
Sep 24, 2023
We’re sharing just 4 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 16000 SHERMAN WAY compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 400 sqft larger than other listings nearby
- More space
- The 2-bedroom is 90 sqft larger than other listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Lake Balboa
1-bedroom apartments here are priced 6% higher than 1-bedrooms in Lake Balboa.
If you decide to upgrade your space, you can expect 2-bedrooms at 16000 SHERMAN WAY to be 2% less than the average for similarly sized apartments in Lake Balboa.
Median rents as of Aug 15 2026.
Lake Balboa
Los Angeles
| Month | Median Rent |
|---|---|
| August 2024 | $1,850 |
| September 2024 | $1,848 |
| October 2024 | $1,801 |
| November 2024 | $1,814 |
| December 2024 | $1,845 |
| January 2025 | $1,848 |
| February 2025 | $1,815 |
| March 2025 | $1,810 |
| April 2025 | $1,756 |
| May 2025 | $1,745 |
| June 2025 | $1,750 |
| July 2025 | $1,750 |
| August 2025 | $1,736 |
| September 2025 | $1,702 |
| October 2025 | $1,702 |
| November 2025 | $1,709 |
| December 2025 | $1,738 |
| January 2026 | $1,739 |
| February 2026 | $1,721 |
| March 2026 | $1,697 |
| April 2026 | $1,690 |
| May 2026 | $1,650 |
| June 2026 | $1,651 |
| July 2026 | $1,650 |
| August 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,938 |
| September 2024 | $1,981 |
| October 2024 | $1,667 |
| November 2024 | $1,650 |
| January 2025 | $1,631 |
| February 2025 | $1,640 |
| March 2025 | $1,635 |
| April 2025 | $1,543 |
| May 2025 | $1,686 |
| June 2025 | $1,715 |
| July 2025 | $1,742 |
| August 2025 | $1,666 |
| September 2025 | $1,679 |
| October 2025 | $1,689 |
| November 2025 | $1,695 |
| December 2025 | $1,750 |
| January 2026 | $1,677 |
| February 2026 | $1,643 |
| March 2026 | $1,665 |
| April 2026 | $1,601 |
| May 2026 | $1,561 |
| June 2026 | $1,562 |
| July 2026 | $1,533 |
| August 2026 | $1,523 |
Affordability calculator
Can I afford to live at 16000 Sherman Way?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$76,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $76,000 annually to afford this 1-bedroom monthly rent price of $1,900.
For more information on rent affordability, visit our rent calculator.
Schools near 16000 SHERMAN WAY
Bassett Street Elementary School
15756 bassett st
lake balboa, CA, 91406
K-5Public
C
Charles Leroy Lowman Special Ed & Career Transition Center
12827 saticoy st
north hollywood, CA, 91605
K-12Public
Lokrantz Special Education Center
19451 wyandotte st
reseda, CA, 91335
K-12Public
Burbank Unified Independent Learning Academy (Buila)
3715 allan ave
burbank, CA, 91505
K-12Public
B+
Las Virgenes Independent
4029 las virgenes rd
calabasas, CA, 91302
K-8Public
A
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Internet available near 16000 SHERMAN WAY
Getting around Van Nuys near 16000 Sherman Way
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 16000 Sherman Way, Van Nuys
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
1/10
No high schools within a 30-minute walk
Parks
9/10
Large amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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