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18562-18566 Sherman Way
Reseda, CA 91335
Retail Property For Sale
Executive Summary
We are pleased to present 18562–18566 Sherman Way, a prime retail investment opportunity located in the heart of Reseda. The property consists of approximately 3,400 square feet of building area situated on a 9,488 square foot lot.
The asset is currently fully leased with all tenants on month-to-month agreements, offering immediate cash flow with significant flexibility for an owner-user or investor to reposition the property and capture upside potential.
The site features a highly functional layout with ample on-site parking, providing convenient access for both tenants and customers. Positioned along a well-trafficked corridor, the property benefits from strong visibility and accessibility in a growing retail submarket.
This is an excellent opportunity for investors seeking stable in-place income with future upside, or for an owner-user looking to establish a presence in a prime Reseda location.
The asset is currently fully leased with all tenants on month-to-month agreements, offering immediate cash flow with significant flexibility for an owner-user or investor to reposition the property and capture upside potential.
The site features a highly functional layout with ample on-site parking, providing convenient access for both tenants and customers. Positioned along a well-trafficked corridor, the property benefits from strong visibility and accessibility in a growing retail submarket.
This is an excellent opportunity for investors seeking stable in-place income with future upside, or for an owner-user looking to establish a presence in a prime Reseda location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,400 SF
Building Class
C
Year Built
1948
Price
$1,550,000
Price Per SF
$455.88
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.21 AC
Zoning
LAC2 - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
12 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
49’ on Sherman Way
Property Taxes
| Parcel Number | 2126-006-026 | Improvements Assessment | $228,434 |
| Land Assessment | $97,819 | Total Assessment | $326,253 |
Property Taxes
Parcel Number
2126-006-026
Land Assessment
$97,819
Improvements Assessment
$228,434
Total Assessment
$326,253
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