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17721 Sherman Way 6,290 SF Retail Building Reseda, CA 91335 $2,999,000 ($476.79/SF)
INVESTMENT HIGHLIGHTS
- Heavy daytime foot trafic
- Lots of parking
EXECUTIVE SUMMARY
Back on the Market – A Rare Investment Opportunity*******Don't miss this unique chance—call today!
Seller may consider carrying a small second loan for a well-qualified buyer.
Property Overview:
Rarely available in the San Fernando Valley, this versatile commercial building offers 6,290 sq ft of functional space on an expansive 11,917 sq ft lot with ample on-site parking. Zoned LAC2, this property supports a wide range of business uses (refer to attached zoning guidelines for permitted uses). Surrounded by local commerce, this location offers strong growth potential.
Recent Improvements:
- Fresh exterior paint
- Select upgrades completed
- Clean and ready for immediate occupancy
Location Highlights:
Strategically located on the bustling corner of Sherman Way & White Oak Ave in Reseda, this high-visibility spot benefits from steady traffic flow and a prominent street-facing sign. Currently approved by the City of Van Nuys for use as a light body shop—though the possibilities under LAC2 zoning are wide-ranging.
Due Diligence Notice:
All information provided by the seller. Buyers and their agents are strongly encouraged to conduct their own independent investigations regarding zoning, permits, and intended use.
Seller may consider carrying a small second loan for a well-qualified buyer.
Property Overview:
Rarely available in the San Fernando Valley, this versatile commercial building offers 6,290 sq ft of functional space on an expansive 11,917 sq ft lot with ample on-site parking. Zoned LAC2, this property supports a wide range of business uses (refer to attached zoning guidelines for permitted uses). Surrounded by local commerce, this location offers strong growth potential.
Recent Improvements:
- Fresh exterior paint
- Select upgrades completed
- Clean and ready for immediate occupancy
Location Highlights:
Strategically located on the bustling corner of Sherman Way & White Oak Ave in Reseda, this high-visibility spot benefits from steady traffic flow and a prominent street-facing sign. Currently approved by the City of Van Nuys for use as a light body shop—though the possibilities under LAC2 zoning are wide-ranging.
Due Diligence Notice:
All information provided by the seller. Buyers and their agents are strongly encouraged to conduct their own independent investigations regarding zoning, permits, and intended use.
DATA ROOM Click Here to Access
PROPERTY FACTS In Escrow
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,290 SF
Building Class
C
Year Built
1968
Price
$2,999,000
Price Per SF
$476.79
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.27 AC
Zoning
LAC2 - LAC2. for detail on types of usage, please contact the City of Van Nuys, building and safety or search in ZIMAS for more information.
Parking
22 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
100’ on Sherman Way
AMENITIES
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2121-016-008 | Improvements Assessment | $341,347 |
| Land Assessment | $1,536,067 | Total Assessment | $1,877,414 |
PROPERTY TAXES
Parcel Number
2121-016-008
Land Assessment
$1,536,067
Improvements Assessment
$341,347
Total Assessment
$1,877,414
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17721 Sherman Way
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