15372-15374 Dickens St 3,869 SF Vacant Office Building Sherman Oaks, CA 91403 $2,000,000 ($516.93/SF) 8.03% Cap Rate

This exceptional property for sale is a freestanding two-story commercial office building, currently leased to a successful single-tenant Cannabis dispensary, Apothecary 420. The first floor serves as a welcoming sales and lobby/reception area, while the second floor is dedicated to cultivation, making the property well-suited for its current use. Previous occupants have included general office and medical office tenants, showcasing the building’s versatile potential.
Located in the vibrant heart of Sherman Oaks, this property is perfectly situated along the south side of Dickens Street, just west of Sherman Oaks Avenue and one block south of the bustling Ventura Boulevard. It is also adjacent to the major intersection of the Ventura (101) and San Diego (405) Freeways, providing easy access to the broader area.
This property presents an excellent opportunity for both owner-users and investors, with its prime location offering strong street visibility and access to both the Sherman Oaks and Encino communities. The property’s convenient setting is complemented by ample metered on-street parking. While there are no dedicated parking spaces within the building, the location ensures easy access and visibility. Additionally, the current lease includes flexible termination options for both the landlord and the tenant, allowing for future opportunities.
This is a rare chance to invest in a strategically located property with great potential for long-term value.