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    18515 Sherman Way Reseda, CA 91335

    Sponsored
    For Sale
    $1,650,000

    Prime Reseda retail space, 4710 sq ft, high visibility.

    Property size:
    4,710 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 4,710 square foot commercial property at 18515 Sherman Way in Reseda, California presents a unique owner-user opportunity. Located on a prominent Reseda thoroughfare with high foot traffic, this retail space boasts excellent visibility and accessibility. The property sits on a 0.17-acre lot and offers convenient street-level access, ensuring ease of entry for customers. The building's versatile layout features two distinct sections, providing flexibility for a variety of business uses, including retail, medical offices (doctor or dentist), or a restaurant. Dedicated parking is available at the rear of the property, offering ample space for both customers and employees. This prime location on Sherman Way guarantees maximum exposure for your business, making it an ideal investment for entrepreneurs seeking a thriving commercial space in a bustling area. The asking price is $1,650,000. This property is ready for immediate occupancy and offers the perfect blend of location, size, and versatility to bring your business vision to life.

    Property Features for 18515 Sherman Way

    General Information

    Property type
    Retail properties
    Square Feet
    4,710 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1928
    Property Profile Location Intelligence

    Current Use by Public Records

    One More Time ... Thrift Store JCDA PENTECOSTAL CHURCH Religious Institution Funnel Mill Cafe

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reseda
    County
    Los Angeles
    State
    California
    Longitude
    -118.5367
    Latitude
    34.2014

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    FAQs

    What type of property is this?
    Retail property - Prime Reseda retail space, 4710 sq ft, high visibility.
    Where is this retail property located?
    The property is located at 18515 Sherman Way Reseda, CA.
    What is the asking price?
    The asking price for this property is $1,650,000.
    (818) 709-7907
    Request Owner's contact information
    18515 Sherman Way Reseda, CA 91335
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    Reseda, CA 91335
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18515 Sherman Way Reseda, CA 91335
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