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18738 Sherman Way 1,886 SF Retail Building Reseda, CA 91335 $4,500,000 ($2,386.00/SF)
Investment Highlights
- Premium Corner Location: Dual street access from Sherman Way and Rhea Ave.
- LAC2 zoning maximizes land utility
- Significant 10,822 SF Land Value in High-Traffic Corridor with a Renovated 1,886 SF retail building.
Executive Summary
PROPERTY OVERVIEW
Recently renovated with comprehensive upgrades including new HVAC, electrical, plumbing, and modern interior finishes. LAC2 zoning offers versatile commercial/multifamily development potential. High-traffic Sherman Way corridor with 35,000+ daily vehicles.
BUSINESS OPPORTUNITY
Available for immediate acquisition: A & R Custom Windows & Doors Inc., a family-owned business operating for 20+ years with C-17 glazing license. Specializes in residential/commercial windows, doors, and architectural glass products with established customer base and operational infrastructure. Alfred Villegas is handling the business acquisition, 949-371-7080.
FLEXIBLE ACQUISITION OPTIONS
Combined Purchase: Acquire both property and business as a turnkey operation.
Property-Only Purchase: Buyers may purchase real estate independently; business owners willing to relocate operations if property is acquired separately.
Recently renovated with comprehensive upgrades including new HVAC, electrical, plumbing, and modern interior finishes. LAC2 zoning offers versatile commercial/multifamily development potential. High-traffic Sherman Way corridor with 35,000+ daily vehicles.
BUSINESS OPPORTUNITY
Available for immediate acquisition: A & R Custom Windows & Doors Inc., a family-owned business operating for 20+ years with C-17 glazing license. Specializes in residential/commercial windows, doors, and architectural glass products with established customer base and operational infrastructure. Alfred Villegas is handling the business acquisition, 949-371-7080.
FLEXIBLE ACQUISITION OPTIONS
Combined Purchase: Acquire both property and business as a turnkey operation.
Property-Only Purchase: Buyers may purchase real estate independently; business owners willing to relocate operations if property is acquired separately.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,886 SF
Building Class
C
Year Built
1960
Price
$4,500,000
Price Per SF
$2,386.00
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.25 AC
Zoning
LAC2
Parking
15 Spaces (7.95 Spaces per 1,000 SF Leased)
Frontage
100’ on Sherman Way
Amenities
- Pylon Sign
- Signage
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2126-003-005 | Improvements Assessment | $106,120 |
| Land Assessment | $1,591,812 | Total Assessment | $1,697,932 |
Property Taxes
Parcel Number
2126-003-005
Land Assessment
$1,591,812
Improvements Assessment
$106,120
Total Assessment
$1,697,932
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18738 Sherman Way